The Start-up Crowdfunding Exemption is a way for businesses to raise capital by having each person within the crowd invest a small amount of money by way of internet portals with an expectation of a financial or investment return. This type of equity or debt crowdfunding is regulated by the Commission and is a new exemption that is pursuant to an order of the Commission Blanket Order No. 45-524 (Amendment).
The Start-up Crowdfunding Exemption forms and helpful links are listed below. For further information or to submit completed forms email: nssc.Crowdfunding@novascotia.ca.
Please check out the BCSC's video to help get you started. Also view Start-up Crowdfunding FAQs
Funding portals – refer to the guide below for assistance in understanding regulatory obligations for operating a portal by registered dealers or persons intending to rely on the registration exemption.
Information Guide - August 20, 2020
Forms:
Funding Portal Information Form 3 - June 30, 2016
Portal Individual Form Form 4 - June 30, 2016
Businesses at the early stage of development can use this guide to gain an understanding of their regulatory obligations and responsibilities to investors.
Information Guide - August 20, 2020
Preparing an Offering Document - August, 20, 2020
Forms:
Offering Document Form 1 - June 30, 2016
Report of Distribution Form 5 - June 30, 2016
Investors can use this guide to learn about the start-up crowdfunding process, where to find these offerings, and the risks related to these types of investment.
Information Guide - August 20, 2020
Additional Information:
Blanket Order 45-524 (Amendment) - June 30, 2016