The UK’s leading equity crowdfunding platform, Crowdcube, has joined forces with one of Scotland’s leading law firms, Harper Macleod, to target the huge potential for growth in Scotland, a press release states.
Through the strategic partnership the two partners will target what they believe is still an untapped market of Scottish businesses that could benefit from equity crowdfunding.
In particular, both organisations will co-operate to ensure equity crowdfunding is considered as part of the funding mix for an increasing number of Scottish growth businesses, for whom it has the potential to be a gamechanger.
Companies working with both Harper Macleod and Crowdcube can save on the overall cost of conducting their crowdfunding campaign. The partnership will also see the duo raise awareness through a series of events across the country.
Crowdcube CCO Matt Cooper said:
Whilst Crowdcube has helped fund a number of businesses in Scotland, including Ellon-based BrewDog, we think there is a huge opportunity to further support businesses in the country. We’re looking forward to working with the Harper Macleod team to broaden the funding opportunities for entrepreneurs across Scotland.
Paula Skinner, a Partner in Harper Macleod’s Corporate said:
Over the past five years when we’ve been involved in crowdfunds for our clients, the market has matured. Crowdfunding is now a vital part of the funding mix and something we make sure our clients consider. Having this close relationship with Crowdcube will benefit all the people we work with within Scotland’s entrepreneurial ecosystem and I believe it’s another positive step in the constant push to helping our businesses scale-up to the next level.
Find out more here.