Cateogry: “Press”

Malta’s first crowd-funding platform raises €90,000

In just over a year, Malta’s first crowd-funding platform Zaar has managed to raise more than €90,000 for 32 different projects by sourcing contributions from members of the public. “We’ve had a 63 per cent success rate, meaning that nearly two-thirds of the closed projects were successful in reaching their target. This is well above the industry standard worldwide,” Zaarread more

Is investment-based crowdfunding the way forward for Maltese business?

Last January, Zaar, Malta’s only local crowdfunding platform, held a workshop at the Malta Financial Services Authority exploring the potential introduction of investment-based crowdfunding in Malta, in addition to reward and donation based crowdfunding models that already exist, following the release of a discussion paper on the topic. Sarah Micallef speaks to Zaar manager Matthew Caruana and Grant Thornton directorread more

Malta’s First Crowdfunding Platform

Whether community, cultural, entrepreneurial or otherwise, zaar.com.mt has become a valuable platform that connects projects and ideas with much-needed finances through crowdfunding. ZAAR – Malta’s first crowdfunding platform is an online platform founded on the premise that big ideas can go far, and helps projects to get off the ground thanks to the financial support of backers who believe thatread more

Zaar Hosts Investment-Based Crowdfunding Discussion Workshop in Conjunction with the MFSA

It is hoped this type of alternative funding could be introduced as part of the EU’s Entrepreneurship 2020 Action Plan. This week we were proud to host a workshop at the Malta Financial Services Authority to discuss the potential introduction of investment-based crowdfunding in Malta, in addition to the rewards-based crowdfunding and donation-based crowdfunding that already exist on the islandread more

Slash world’s carbon footprint for just €5

Wastewater Science, an environmental start-up, has launched a crowdfunding campaign on ZAAR.com.mt to build a prototype unit to process animal waste. It aims to collect €10,000 and if successfully funded, this campaign can bring many benefits worldwide, such as reduced greenhouse emissions. Check here for more information about the project.   Tweet

Matthew Caruana

Many hands make light work

In just a few months since it was launched by the University of Malta and the Malta Business Bureau, crowdfunding platform Zaar has already attracted 21 projects, manager Matthew Caruana said. Of these, eight were successful, eight unsuccessful and three are still ongoing. This gives a success rate of 50 per cent, actually better than international levels, Mr Caruana said. Readread more

University of Malta Racing revs up €5000 through crowdfunding

Thanks to a successful Zaar.com.mt crowdfunding campaign, the University of Malta’s racing team has blazed past its aim of collecting €5000. The collected funds will allow the team to complete the current design using a lighter and stronger materials. The end result will be a faster, more competitive car. More on Times of Malta More on Malta Today   Tweet

NGO successfully raises over €2000 through crowdfunding

NGO Graphic Novels Library Malta has successfully completed its crowdfunding, raising over €2000. The campaign was held over Malta’s crowdfunding platform ZAAR.com.mt and thanks to the collected sum, the NGO was able to purchase graphic novels and add them to the Central Public Library in Floriana. Ready more about this success story here.   Tweet