Eurocrowd launches pan-European working group
The European Crowdfunding Network (Eurocrowd) has launched an internal working group for platforms that are authorised under the new EU-wide rules.
The new European Crowdfunding Service Providers Regulation (ECSPR) allows all EU-based P2P and crowdfunding platforms to operate across the entire trading bloc with ease. This is likely to lead to the rapid expansion of European platforms.
The working group reflects the move to a pan-European crowdfunding market and offers qualifying members a space to share knowledge with each other, policymakers, and stakeholders.
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The ECSPR Professional Group will be open to ECSPR-licensed Eurocrowd members, and those transitioning to ECSPR within 2023.
The group will gather industry stakeholders with a pan-European perspective on the future of the crowdfunding industry and provide them with an informal networking and exchange forum on topics related to the practical implementation of ECSPR in all 27 EU member states.
Eurocrowd will engage members in developing best practices, monitoring market developments and guidance of the regulatory implementation of the rules.
A rotating chairmanship of members will manage the ECSPR Professional Group, with a vice chair and a secretary, to ensure proper functioning and decision-making.
Eurocrowd will assist the ECSPR Professional Group with relevant logistical support and advice and host the group.
Activity will be structured around key problems and opportunities identified by group members, with resolutions and potential publications contributing to developing best practices and the qualified implementation of ECSPR.
Eurocrowd platform members can informally express their interest via [email protected].
Read more: What does ECSPR mean for UK P2P platforms?
Elsewhere, Eurocrowd has announced the launch of a new Crowdfunding Academy for the creative and cultural industries.
It will lead training programmes within a new Erasmus+ partnership. The goal is to establish crowdfunding as a direct and complementary source of financing within the creative and cultural industries (CCIs).
The training will comprise both introductory and advanced and professional courses, as well as a range of services that help organisations, such as public authorities, small businesses, or regional development agencies, in crowdfunding.
In addition to multimedia content and training courses, the platform aims to provide a selection of best practices and an overview of active crowdfunding platforms in Europe with a focus on the target sector.
The content will be available in at least five languages, starting with English, Spanish, German, Italian and Slovak.
Read more: P2P trade bodies eye European consortium