European Crowdfunding Stakeholders Forum

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The group should assist the Commission in developing policies for crowdfunding to flourish while
taking into account the interest of contributors. The tasks of the group will include helping the
Commission to raise awareness, provide information and design training modules for project owners;
providing expertise to the Commission in promoting transparency, exchange of best practices and
certification; providing advice to the Commission to explore the potential of establishing a "quality
label" to build trust with users; and identifying further issues that may need to be addressed

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European Crowdfunding Stakeholders Forum

  1. 1. Commission Expert Group Register of Expert Groups and Other Similar Entities Name: European Crowdfunding Stakeholders Forum (E03130) (Active - Group which operates on a permanent basis) Abbreviation: ECSF Policy Area: Internal Market Lead DG: MARKT - Internal Market and Services DG Type: Informal, Permanent Scope: Limited Mission: The group should assist the Commission in developing policies for crowdfunding to flourish while taking into account the interest of contributors. The tasks of the group will include helping the Commission to raise awareness, provide information and design training modules for project owners; providing expertise to the Commission in promoting transparency, exchange of best practices and certification; providing advice to the Commission to explore the potential of establishing a "quality label" to build trust with users; and identifying further issues that may need to be addressed Task: Assist the Commission in developing training modules, raising awareness, promoting transparency and exchange of best practices Coordinates with Member States, exchange of views Other Composition: Association ( crowd lending platforms,Culture, NGOs,Finance, Innovation,Other, research,Banking,Consumer affairs, crowdfunding platforms,Youth, development, small businesses, Employment and social affairs, business angels, Finance, SMEs,Industry) Academia (Consumer affairs,Research,Banking) Research Institute (Research, Finance,Consumer affairs,Science) National Administrations Publication in RegExp: 25 Jun 2014 Link to Website: http://ec.europa.eu/internal_market/finances/crowdfunding/index_en.htm#ecsf Last updated: 25 Jun 2014 Register of Expert Groups and Other Similar Entities http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=3130 03 Jul 2014 Pages 1 /5
  2. 2. Additional Information Activity Report First meeting planned for October 2014. Selection Procedure (members) The ECSF counts 40 members: 15 Member State representatives and 25 representatives of the civil society. For the 25 places for private organisations we received 111 applications by e-mail. The selection criteria were announced in the call for applications: practical expertise; ability to collect data; ability to communicate with stakeholders; proficiency in English. It was announced that the Commission services will aim to for a balanced representation of stakeholder groups, geographical and gender balance. The Forum consists of interest representatives of consumers (4), SMEs (7), crowdfunding platforms (5), financial institutions (4) and research institutions (5). We received very few applications from consumer interest representatives, and in the selection procedure a very big emphasis was placed at accommodating the applications of all organisations that applied on behalf of consumers. Although crowdfunding is mainly concentrated in the EU 15, 17 different Member States are represented in the group, with representatives from the North and South, the EU 15 and the newer EU 13, small and big Member States. The appointed members are organisations, not private individuals. Nonetheless we aimed at achieving a gender balance. Applying organisations proposed women much less frequently than men. 23% of the proposed representatives of all applying organisations were women. 20% of the selected expert group's private member organisations will be represented by women. http://ec.europa.eu/internal_market/finances/docs/crowdfundi ng/140416-callforapplication_en.pdf Document 1 (approx. 47 kb) Document 2 (approx. 39 kb) Document 3 (approx. 62 kb) Internal Rules of Procedure DRAFT rules of procedure attached for pre-validation purposes. Yet to be validated and adopted at the first meeting of the group. Document 1 (approx. 71 kb) Register of Expert Groups and Other Similar Entities http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=3130 03 Jul 2014 Pages 2 /5
  3. 3. Members Organisation Name of Organisation Category Countries/Areas represented Membership Status AISCRIS Association Italy Member ANACOFI Association Nationale de Conseillers Financiers Association France Member Assolombarda Association Italy Member Austrian Federal Chamber of Labour Association Austria Member Babes Bolyai University Academia Romania Member BAND Association Germany Member BEUC Association European Member Cambridge University Academia United Kingdom Member CEPYME Association Spain Member CFA Institute Research Institute International Member ECN European Crowdfunding Network Association European Member ESBG European Savings Banks Association Association European Member EUROCHAMBRES Association European Member EuroFinuse Association European Member European Cultural Parliament Youth Network Association European Member FESE Federation of European Securities Exchanges Association European Member Financement Participatif France Association France Member German Crowdfunding Network Association Germany Member GSEVEE Association Greece Member National Documentation Center Research Institute Greece Member NESTA Research Institute United Kingdom Member NIOK Nonprofit Informacios es Oktato Kozpont Association Hungary Member Spanish Crowdfunding Association Association Spain Member UK Peer-to-Peer Finance Association Association United Kingdom Member University of Bielefeld Academia Germany Member National administrations Country Membership Status Austria 0 Public Authorit(y-ies) Member Belgium 0 Public Authorit(y-ies) Member Czech Republic 0 Public Authorit(y-ies) Member Denmark 0 Public Authorit(y-ies) Member Register of Expert Groups and Other Similar Entities http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=3130 03 Jul 2014 Pages 3 /5
  4. 4. Finland 0 Public Authorit(y-ies) Member France 0 Public Authorit(y-ies) Member Germany 0 Public Authorit(y-ies) Member Greece 0 Public Authorit(y-ies) Member Ireland 0 Public Authorit(y-ies) Member Italy 0 Public Authorit(y-ies) Member Latvia 0 Public Authorit(y-ies) Member Netherlands 0 Public Authorit(y-ies) Member Poland 0 Public Authorit(y-ies) Member Spain 0 Public Authorit(y-ies) Member United Kingdom 0 Public Authorit(y-ies) Member Subgroups No Subgroups assigned to this group. Register of Expert Groups and Other Similar Entities http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=3130 03 Jul 2014 Pages 4 /5
  5. 5. Statistics Number of Members: 40 Number of Alternate Members: 0 Number of Observers: 0 Individual expert appointed in his/her personal capacity: 0 female: 0 male: 0 Individual expert appointed as representative of an interest: 0 female: 0 male: 0 Organisation: 25 National administrations: 15 Individual expert appointed in his/her personal capacity: 0 female: 0 male: 0 Individual expert appointed as representative of an interest: 0 female: 0 male: 0 Organisation: 0 National administrations: 0 Individual expert appointed in his/her personal capacity: 0 female: 0 male: 0 Individual expert appointed as representative of an interest: 0 female: 0 male: 0 Organisation: 0 National administrations: 0 Register of Expert Groups and Other Similar Entities http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=3130 03 Jul 2014 Pages 5 /5

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