Report Altfinator Tv Final 20200430
White Paper on Alternative Finance AUTHORS Katalin Kovács – innomine group Gábor Vicze – innomine group Alexandra Végh – innomine group Anikó Balogh – innomine group Anett Dobos – innomine group CONTRIBUTORS Ramona Dremljuga Ronald Kleverlaan Dimitri Gagliardi Francisco de Arístegui www.altfinator.eu This project has received funding from the European Union's Horizon 2020 Research and Innovation programme under Grant Agreement No. 792040 Ref. Ares(2020)2323913 – 30/04/2020 About Altfinator 4 Acknowledgement 3 Altfinator approach 5 The alternative finance scene in Europe Alternative finance best practices Altfinator experience 13 Altfinator resources 15 The future of fintech in Europe Conclusion and recommendations Disclaimer: The information and views set out in this document are those of the author(s) and do not necessarily reflect the ofcial opinion of the European Union. Neither the European Union institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained herein.
WHITE PAPER ON ALTERNATIVE FINANCE Acknowledgement The Altfinator Consortium especially thank and acknowledge the contribution to the Altfinator project for its Advisory Board Members, namely: Alex Gibb, Lithuania; Andrei Dudoiu, Romania; Gábor Mátrai, Hungary; Giusy Cannone, Italy; Henri Laupmaa, Estonia; Ivan Filus, Slovakia; Jesper Carvalho Andersen, Portugal; Lex van Teefelen, The Netherlands; Olga Afanasyeva, Ukraine; Oriol Sans, Spain; Robert Pettigrew, UK; Tomas Matraia, Poland, Italy, Spain We also thank international financing experts to contribute to the research carried out in the frame of the Altfinator project, namely: Antal Károlyi, Hungary; Dara Westling, USA; Denis Loveridge, UK; Erik Stam, The Netherlands; Fons Huijgens, The Netherlands; Gábor Mátrai, Hungary; George Tilesch, USA; György Dede, Hungary; Henri Laupmaa, Estonia; János Pereczes, Hungary; Jarmo Liiver, Estonia; Lex van Teefelen, The Netherlands; Mike Sigal, USA; Nóra Szeles, Hungary; Péter Fáykiss, Hungary; Radu Boanta, Romania; Socratis Ploussas, Greece; Thomas Auväärt, Estonia; Tomas Matraia, Poland, Italy, Spain; Trihn Ahn Tuan, Hungary About Altfinator1
WHITE PAPER ON ALTERNATIVE FINANCE Altfinator: an “EU-validated knowledge base and brand in the field of Alternative Financing, which provides the methodology for raising awareness and increase the capacity of the AF ecosystem” Altfinator Strategy Update, 2019 BEST PRACTICE COUNTRIES USA, UK, the Netherlands, Estonia CORE COUNTRIES Romania, Ukraine, Italy, Hungary, Portugal, Slovenia, Spain, Lithuania OUTREACH COUNTRIES Serbia, Moldova, Latvia, Greece, Slovania, Croatia, Bulgaria, Check Republic, Albania, Poland Altfinator: an “EU-validated knowledge base and brand in the field of Alternative Financing, which provides the methodology for raising awareness and increase the capacity of the AF ecosystem” Altfinator Strategy Update, 2019Launched in May 2018 and funded within the Horizon2020 program Altfinator is a
researchers and experts on the field of alternative finance and key ecosystem stakeholders and consultants) representing 10 European countries and wide global network. Altfinator project is brought to life to facilitate the improvement of innovative SMEs and grant them access to alternative financing through capacity building of the financial ecosystem and its participants in the countries where the potential for improvement is highest (focusing on Southern, Central, and Eastern Europe). Globally and also within Europe, there are countries and regions where the use of alternative finance is widespread; first the Altfinator project studied those regions to uncover the success factors. Afterward, the alternative finance market of the target countries was analysed and mapped. Throughout the project duration, multiple capacity building activities have been implemented. Focus areas of the Altfinator project are the Southern, Central, and Eastern European countries. To achieve maximum impact and efciency of the capacity building activities, a specific approach has been developed and countries were divided into three categories: a.) best practice countries – this is where we learned (USA, UK, Netherlands, Estonia), b.) core countries – online and onsite (personal) activities contentrated mostly for these countries and c.) outreach countries – with online activities and some personal involvement.
