U.S. scientists turn to public to help fund research

Jul 10, 2014

U.S. scientists turn to public to help fund research

Duke University professor Kathleen Pryer has received her share of grant money. But for her newest project, she’s getting help from a retired nurse in Canada and a 17-year-old in Arkansas. It’s her first foray into the modern-day world of crowdfunding, the practice of ...

Legislators turning to Internet for funds

Jun 24, 2014

Legislators turning to Internet for funds

by Takuro Kishimoto

Younger lawmakers are increasingly turning to crowdfunding as a way of raising money to finance their political activities. Ryota Kimura, a 30-year-old member of the Hirakata Municipal Assembly in Osaka Prefecture, recently asked for ¥100,000 on an online crowdfunding site to cover some of ...

| May 24, 2014

Crowdfunding

Crowdfunding is defined as "the practice of soliciting financial contributions from a large number of people, especially from the online community."

May 23, 2014

Law enacted to promote 'crowdfunding' for startups

The House of Councilors on Friday enacted a law to promote “crowdfunding” in Japan so startup companies can more easily sell unlisted shares over the Internet to raise funds. The bill revises the Financial Instruments and Exchange Law to lower the minimum capital amount ...

Mar 14, 2014

Cabinet OKs bill that would push crowdfunding

Prime Minister Shinzo Abe’s Cabinet approved a draft law revision Friday to promote crowdfunding that would enable startups to raise funds more easily via the Internet, financial services minister Taro Aso said. A pillar of the revision to the Financial Instruments and Exchange Law ...

Chef lures new crowdfunding chief

Feb 4, 2014

Chef lures new crowdfunding chief

Osamu Ito, a former Morgan Stanley MUFG Securities Co. banker, is setting up a crowdfunding company that will raise money online to invest in startups, including a Michelin-starred chef’s “bento” business. Ito, who left the brokerage Monday to become chief executive officer of Tokyo-based ...

Dec 13, 2013

Easing eyed for issuing new shares

To make it easier for businesses to raise funds, an arm of the Financial Services Agency is suggesting that listed firms meeting certain criteria no longer be required to wait before offering new shares. A working group of the Financial System Council, which advises ...

Crowdfunding tapped for antinuclear movie

Nov 29, 2013

Crowdfunding tapped for antinuclear movie

by Kyoko Hasegawa

Film director Takafumi Ota had a problem. He needed studio financing for a film that was harshly critical of the nuclear power industry after Fukushima disaster started, but no one was interested in funding his project the traditional way. Large sections of Japan’s movie ...