The Rise Of Future Finance: NESTA report

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In December NESTA, the University of Cambridge and the University of California, Berkeley issued a benchmarking research joint project.

The Rise of Future Finance 

Great news to have the first comprehensive country–level study of an alternative finance market anywhere in the world. I’d encourage you to read the entire report it’s not that long. Here are a couple of nuggets:

“Equity–based crowdfunding grew 618 per cent from 2012 to 2013”

 “Collectively, the UK alternative finance market provided £463 million worth of early–stage, growth and working capital to over 5,000 start–ups and SMEs in the UK during the period 2011– 13, of which £332 million was accumulated in 2013 alone. Based on the average growth rates of between 2011 and 2013, we can cautiously predict that the UK alternative finance market will grow to £1.6 billion in 2014 and provide £840 million worth of business finance for start–ups and SMEs.”

Jude

@ShareIn

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