As discussed in a previous post – Crowdfunding regulation developments and possible implications – Part 1: Europe – one of the recently proposed initiatives of the European Commission was to establish an expert group that would inform it about crowdfunding. This expert group would furthermore develop a ‘quality label’ in the industry, namely to promote transparency and best practices.
Following that statement, the European Commission has now officially launched a call for applicants to create an expert group on crowdfunding. Eligible candidates include (social) entrepreneurs, representatives of NGOs, representatives of crowdfunding platforms, universities and research centers with interest in this alternative revenue model.
Official announcement can be read here (click the Call for applications PDF to see the full responsibilities and requirements).