Round Table Slovakia – Conclusions

As part of the Crowd-Fund-Port initiative we have held a Round Table meeting organised together with our colleagues from the Technical University of Košice (TUKE) involved in the Crowd Stream project.

The aim of the event was to bring together crowdfunding professionals, local government authorities, and other relevant stake holders in order to open up a debate about crowdfunding and its potential in Slovakia.

The discussion revolved primarily around the following topics:

  1. The state of crowdfunding in Slovakia
  2. Developing crowdfunding as a tool for participatory budgeting of public funds
  3. The initiatives of the Ministry of Finance of the Slovak Republic
  4. The programmes Crowd-Fund-Port from Interreg Central Europe and Crowd Stream from Interreg Danube Programme

 

Here are the main conclusions of our fruitful debate:

  1. As there is a relevant group of people who use crowdfunding in Slovakia, discussing crowdfunding is worthwhile.
  2. When analysing crowdfunding and its legislative environment, it is important to look at crowdfunding through the lens of its basic forms.
  3. It is worthwhile to inform about good practice in the area of civic crowdfunding, as well as crowdfunding as a tool for participatory budgeting of public funds (a means of combining public and private funds) and to lead a discussion about these forms of crowdfunding.
  4. The Centre for Financial Innovations of The Ministry of Finance of the Slovak Republic has announced a new initiative, aim of which is to map the situation in Slovakia, to produce of a working terminology, and to analyse the need for tools to support fintech tools, including legislative solutions.
  5. Creative Industry Forum and TUKE will assist in the process of creating a communication platform for sharing information with the purpose to popularise crowdfunding, identify problems, and looking for solutions.

 

Lastly, we would like to thank TASR and TV JOJ (nation-wide commercial broadcasting company) for their coverage of the event.

 

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