Crowdfunding: An Essential Tool for Startups in Moldova!

The recent adoption of the crowdfunding law in the Republic of Moldova opens new horizons for local startups. This collective financing model, which will become operational from March 2024, has the potential to transform the entrepreneurial scene in the country by facilitating access to funding and stimulating innovation.

Benefits of Crowdfunding for Startups

  1. Access to Capital: For many startups, accessing funding is a major challenge. Crowdfunding offers an alternative to traditional funding channels such as bank loans or venture capital investments. By accessing a wide network of potential investors, startups can raise funds to develop their ideas and turn them into reality.
  2. Market Validation: Crowdfunding not only provides financing, but is also a form of market validation. If a project successfully raises funds through a crowdfunding campaign, it can be a sign that there is a real interest in the product or service offered.
  3. Marketing and Visibility: A successful crowdfunding campaign can also bring visibility. During the campaign, entrepreneurs have the opportunity to present their ideas to a wide audience, which can generate attention and interest in their business.
  4. Community and Support: Through crowdfunding, entrepreneurs have the opportunity to create and develop a community around their project. Investors, many of them individuals interested in the proposed idea, become ambassadors of the project, promote it within their networks and provide valuable feedback.

Technical Details about the Crowdfunding Law in Moldova

The law establishes clear rules regarding the provision and use of crowdfunding services. Within it, a crowdfunding service provider is defined as a legal entity formed as a limited liability company or joint-stock company, registered in the Republic of Moldova. It must be authorized to provide such services, ensuring a trustworthy framework for donors.

In addition, the law clearly distinguishes between different actors involved in the crowdfunding process. A developer, for example, is a natural or legal person who intends to obtain funding for a project through a crowdfunding platform. Meanwhile, an investor can be any natural or legal person who lends or acquires shares within a crowdfunding project.

Also, it’s important to note that the law includes regulations regarding reward-based crowdfunding projects, where donors receive certain benefits in exchange for their donations, as well as equity-based crowdfunding, where investors receive a stake in the business they support.

All these aspects of the crowdfunding law help create a safe and trustworthy environment for startups, donors, and investors, thus promoting the development of a dynamic and innovative startup ecosystem in the Republic of Moldova. With this law in effect, the future looks bright for Moldovan entrepreneurs.

#CrowdfundingMoldova #CollectiveFinancing #StartUpMoldova #MoldovaInnovation #EntrepreneurshipMoldova #ForeignInvestmentsMoldova #EconomicDevelopmentMoldova #MoldovaCrowdfundingLaw

Startups attending list

Description allows any 360 ̊ enthusiasts and business owners to create and share amazing VR experiences with ease
respiroMarket place for psychological support
easyplanSAAS solution for dental clinics
bloomcodingBloomcoding is reinventing online coding education for children, by teaching kids how to code through Virtual and Augmented Reality experiences.
enabldEmpowering Communication Service Providers to offer smart and cost-effective business communications services
xorXOR builds modern communication software for recruiting and HR to hire and retain talent more efficiently.
faguraP2P credit platform makes code deployments simple and fun, regardless of the location you are delivering your software solution to.
metafarmA WEB 3.0 platform where for tokenizing real assets in agriculture using Blockchain, NFT and Metaverse technologies.
selftalkSelftalk is a behavioural health app that helps tech employees deal with anxiety, stress, depression, and negative inner conversation.
delyA set of white label delivery solutions that features the whole package of software required to set up and run your own delivery business
undeA platform for event pages management with tools for events promotion, tickets sale and community building
brizyBrizy is a multiplatform website builder that anyone can use.
sonr_musicSONR Music is a compact disc-shaped 100% waterproof audio player.
boldA platform that brings together specialists from the NEW MEDIA ART area for promoting and re-imagining new products.
langlyA non-standard platform for learning English based on the Oxford English course.
stilioStilio is web platform and booking app designed for Beauty industry, an online digital solution for making online appointments to beauty salons and specialists.
watznowWatznow offers a quick way to share videos with people around you or anywhere in the world with an interactive map.
fastbossFastBoss is Integrated mobile-first CRM-like tools with embedded Virtual Assistant for salesmen and business owners
enamplyAI-assisted productivity management platform that reduces bias in performance improvement and creates a habit of feedback. is a platform that connects brands with digital storytellers, influencers, and content creators in order to personalize their brand story.
aml_cryptoBlockchain Analytics & Crypto Investigation.
baby_medBaby Medy inspire hope and contribute to the health and well-being of parents and their kids by providing the best care through medicine and modern technology.
doctor_chatDoctorchat is an online clinic platform.
renterRenter is a long term electric bicycle rental service for couriers
my_idMyID provides identification and validation process tools for businesses
music24Platform for music artists where they can sell their songs and merchandise, directly communicating with their fans
clickschoolClick School provides online training and career guidance services in the IT field that the beneficiary pays upon employment.
kicklyA platform for sports organizations to create graphic content in minutes
toutoringOnline tutoring for students
startupProvide a set of products and services that allow the creation of applications and websites without code.
consulterFind the right expert advice for your business with Consulter - the marketplace for top-notch consultants across industries.
inst_expertInstant online help from reliable therapists
sahInteractive online chess courses for children
swiftSaasS solution to connect with customers who leave their contacts online
greenoGreenoSoil is a ClimateTech and AgTech company building the first and the largest global geospatial data marketplace in agriculture
iAsigiAsig is a property and casualty insurance agency powered by technology.
indexIndex is a global network of vetted, world-class software developers, that helps enterprises to find and hire top-caliber engineering talent.
planablePlanable is a content review and marketing collaboration platform used by over 5,000 teams.
Disclaimer: By registering for Startup Moldova Summit 2023, you agree to the collection and use of your personal information by Startup Moldova in accordance with our privacy policy. You also consent to receiving promotional and informational emails from Startup Moldova related to the event.