project

CrowdStream – Supporting Alternative Financing for Innovation through Crowdfunding

Tags

Innovation

Innovation ecosystem

Crowdfunding

Financing Innovation

Description

New Innovation Financing Options for Companies

Projekt CrowdStream spája partnerstvo verejných a súkromných aktérov s bohatými skúsenosťami v oblasti crowdfundingu, financovania startupov a podpory inovácií. Pilotné aktivity umožnili otestovať rámcové podmienky pre implementáciu modelov crowdfundingu ako nástroja regionálnej podpory inovácií.

Budget

1 600 000 €

Project type

Interreg Danube Transnational Programme

Partners

8

Project leader

Agency for European Integration and Economic Development (Austria)

Problems / Solutions

What problem we are working on

Innovative small and medium-sized enterprises and social enterprises in the Danube region face a significant financing gap due to underdeveloped crowdfunding ecosystems and a lack of standardized qualitative frameworks for alternative financing.

Implemented solutions

The CrowdStream project has developed a transnational quality framework and strategic action plans that integrate professional crowdfunding services into regional innovation systems and unlock alternative capital for SMEs.

Results

Project goal / Impact

The project professionalized the alternative finance market in the Danube region by introducing a credible quality label and an integrated support system, thereby significantly enhancing the investment readiness and success rate of small and medium-sized enterprises.