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People power now funding new businesses

document Crowdfunding
Summary
The Bicycle Academy, tipped to be fastest “crowd-funded” enterprise in UK is a Frome-based enterprise which builds bicycles to send to people in Africa, and is ready for business thanks to a revolutionary new website backed by Hugh Fearnley-Whittingstall.According to the Bicycle Academy, one of Peoplefund.it’s launch projects, reached it’s £40,000 funding requirement target in less than a week, making it the fastest “crowd-funded” project in Britain.
Description
Peoplefund.it has been developed by KEO,the BAFTA-award winning media production company set up around Hugh Fearnley-Whittingstall and River Cottage.The KEO team have built up a unrivalled reputation for media innovation with their Fish Fight Campaign, Energyshare,Landshare and the Oscar nominated Banksy film, ‘Exit Behind the Gift Shop’. “Peoplefund.it aims to be the first widely used platform enabling people to come together to invest in businesses and entrepreneurs with game-changing ideas to create solutions to some of the biggest challenges of the 21st century.And, in doing so,help to launch the next generation of entrepreneurs,businesses and empowered individuals”Rob Love,director of Keo said.

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