Just as the name suggests, Crowdcube is a crowdfunding platform through which businesses may secure the equity funding they need – whether those funds are required to start-up, to grow your company, or to meet a need to bolster your working capital.
Since Crowdcube was founded back in 2011, it is among the more established investment crowdfunding platforms in the UK, attracting the support and finance of major players to raise funding for growing businesses.
As an established investment crowdfunding platform, Crowdcube is probably more discerning – and, therefore, secure and reliable – than some others.
The sophistication of its systems emerge through the eligibility criteria adopted by Crowdcube for potential recipients of funding:
Crowdcube is also more actively involved in assessing the structure, nature and performance of your company when assessing any application for funding. That assessment includes, for example, details about:
The minimum amount of funding you may apply to raise through Crowdcube is £50,000 but the average request is currently for £670,000. The platform’s largest successful bid for funding stands at £10 million.
Although most crowdfunding sources are from within the UK, Crowdcube can organise crowdfunding campaigns amongst businesses with headquarters in Europe – although you may need to make a special application for such requests.
Crowdcube targets small and medium-sized enterprises in the UK for whom crowdfunding is one of the fastest-growing sources of investment capital for business growth.
To make a success of any approach for funding through its platform, Crowdcube urges businesses to:
If you are looking for further inspiration to make the most of crowdfunding possibilities, Crowdcube’s website offers a host of success stories – and the secrets of their success.
All data cited in this article is correct at the time of writing.