Activity report - MyMicroInvest July 2015

Guillaume Desclée

Informations

• Publié par: MyMicroInvest
• Publié le: 20 août 2015
• Nombre de lectures: 342
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Investor Report July 2015

Invest alongside professionals in startups

29,000 Members

40 Fundraisings launched

€400K Average capital increase per company

€560 Average investment per transaction per investor

+100% Activity growth vs. Y-1

€10m Invested in companies Since inception

40% Proportion of crowdlending Transactions in 2015

7,4% Average annual interest rate Offered by SMEs

+1,000 Company requests

17 Employees at MyMicroInvest

+150 Jobs created

Index page

Title Page Overview of the key numbers Index page

1. Executive summary Introduction MyMicroInvest for Investors MyMicroinvest for Entrepreneurs MyMicroInvest Services

2.MyMicroiŶǀest’sTimeline: History & milestones

3. MyMicroIŶǀest’s Portfolio Accumulated funds raised Proportion Lending/equity in 2015 Number of campaigns per year Equity crowdfunding statistics Lending crowdfunding statistics Fundraisings according to sector Accumulated number of members Investor statistics

4. The Crowdfunding Market: an overview Crowdfunding Volume Types of Crowdfunding The Tax Shelter for Startups

01 02 03

04 04 05 06 07

09

11 11 11 11 12 12 12 13 13

15 15 15 16

1. Executive summary

Introduction

Over the last three years, our team has been working on building bridges between savings accounts and the financing needs of companies. It is thanks to you that companies continue to innovate and create value for everyone.

MyMicroInvest is a pioneer and leader in the European equity and lending crowdfunding scene. In order to accelerate its growth and expand its activities across Europe, MyMicroInvest recently raised three million euros and aims to open this funding round to its crowd community during the coming months.

We are taking this opportunity to send you our annual report. The present document is the first crowdfunding activity report about, created and sent by MyMicroInvest.

This report coversMyMicroInvest’sactivities and is based both on internal data and qualitative as well as quantitative surveys conducted within the scope of the company. It includes information on the funds raised and actually invested, the different investor profiles, the company profile and the portfolio performances. Thereport’sintended audience isMyMicroInvest’sinvestors (the crowd), entrepreneurs, professional investors, venture capitalists and any other stakeholders.

In addition, the report also discusses the added value of crowdfunding within the value chain of traditional funding and the future of crowdfunding in the European landscape.

José Zurstrassen

Guillaume Desclée

The managers

Olivier de Duve

Charles-Albert de Radzitzky

Gilles van der Meerschen

MyMicroInvest for Investors

At MyMicroInvest, we believe that it is through funding innovation and entrepreneurship that we can buildtoŵorroǁ’seconomy. Thanks to our community of investors, MyMicroInvest already invested€10,000,000in over 30fantastic ventures, hence creating hundreds of jobs as well as value for everyone!

MyMicroInvest is the leading equity and lending crowdfunding platform in Belgium and aims to offer an alternative to the traditionalsaǀiŶgs’concept. A smart way is provided to diversify these funds in a new category of assets offering attractive returns on investment for both crowd investors as well as professional investors.

What’s iŶ itfor you? At MyMicroInvest, you can invest small amounts of capital (starting from€100) in exchange for equity in high potential startups or loans to established companies. Investors like you that help companies to succeed can earn positive returns either by selling their shares in the long run or by receiving yearly repayments based on an interest rate.

Company selection process

Each company listed on the MyMicroInvest website goes through the due diligence process, which includes the following items: → FouŶders’background; Company legal documents; → The financial picture; → → Forecasts; Valuation, etc. →

Funding document

Once the due diligence process is complete, MyMicroInvest creates an offering document called theinvestment memorandumorprospectus that aims to assist investors in taking an informed investment decision.

Co-investment

MyMicroInvest is based on co- investment principles: the crowd and professionals such as business angels and/or venture capitalists collaborate and invest together in companies to increase the chance of success for each investment.

MyMicroInvest for Entrepreneurs

MyMicroInvest offers the possibility of a crowdfunding campaign to entrepreneurs and companies. More than raising funds, a crowdfunding campaign is a powerful and unique marketing tool. On MyMicroInvest, crowdfunding campaigns can be launched from all over Europe.

MyMicroInvest comes with a simple legal structure, simplifying the fruition of a crowdfunding campaign by grouping the numerous investors into one single financial vehicle, allowing the entrepreneur(s) to focus on what they do best: running their operations.

The choice for different types of campaigns has been simplified with 4 self-explanatory packages from which the entrepreneur can choose the option that best suits their needs.

MyMicroInvest enables entrepreneurs to raise funds with no limit. It is unique in its transparency, providing a thoroughly detailed prospectus containing all possible information about a company that is relevant to investors, venture capitals and any other stakeholders.

Main advantages → European platform → Powerful marketing tool → Simple structure → Prospectus : no limit of funds

MyMicroInvest Services for investors and entrepreneurs

Online Crowdfunding Campaign MyMicroInvest capitalizes on its existing community to finance newly founded companies but also endeavours to find the perfect investor community for each business. To reach the right audience of investors, the MyMicroInvest online marketing team uses all online marketing tools available: social networks, external database acquisition, search engine acquisition tools, and more.

Live Crowdfunding Events Every other month, MyMicroInvest organizes live crowdfunding events where 4 entrepreneurs have 5 minutes to pitch their investment proposal to 300 potential investors in the room and thousands of investors online via livestreaming. Investors can pledge their investment in real time.

Speedfunding

For its premium investors, MyMicroInvest organizes private events once every two months where business angels and family offices meet entrepreneurs and have the opportunity to invest directly in thecoŵpaŶy’sequity starting from€25.000.

MyMicroInvest Services for investors and entrepreneurs

Investment fund: Inventures MyMicroInvest manages a€15million investment fund namedInventureswhich invests alongside the crowd in companies addressing societal issues. Inventures is one of the professional co-investors collaborating with crowd investors on MyMicroInvest to co-finance their investments.

Investment clubs Since July 2015, investors on MyMicroInvest are able to create their own investment clubs. Club members can discuss and invest together in companies on MyMicroInvest.

2.MyMicroIŶvest’s TiŵeliŶe: History & milestones

2011

2012

2013

July: MyMicroInvest is founded.

September: MyMicroInvest receives the approval from the Financial Services and Markets Authority (FSMA) for its first crowdfunding campaign. October: MyMicroInvest’sfirst online campaign, 2houses, raises€687,000.

Yearly Result 2012 154 transactions–2,725 active members– €700,000 raised

February: MyMicroInvest wins the Accenture Innovation Award in the category Financial Services and rings the bell at NYSE Euronext.

July: With YouScribe, a Paris-based company, MyMicroInvest executes its first cross-border transaction.

November: On MyMicroInvest, the largest equity crowdfunding transaction in Europe takes place:€1.3 million raised thanks to 1,500 crowd investors in Newsmonkey.

Yearly Result 2013 1,768 transactions–11,847 active members–€5 million raised

2014

2015

March: MyMicroInvest hosts its first live crowdfunding session, an event where visitors can invest while meeting the entrepreneurs who pitch their project to them.

July: Offering an interest rate of 10% per year, the first crowdlending operation on MyMicroInvest was launched and successfully funded.

September through December: MyMicroInvest works on a partnership with BNP Paribas Fortis.

December: Partnerships with both BNP Paribas Fortis and Keytrade Bank are signed. Also, the first radio spot hits the airwaves.

Yearly Result 2014 1,620 transactions–21,339 active members– €8 million raised

March: MyMicroInvest moves to the heart of Europe - Brussels!

April: Over 17 staff members now work at MyMicroInvest.

June: In 18 minutes,€100,000 is raised through crowdfunding for the project Acar’up.

July: MyMicroInvest launches investment clubs on the platform.

July: MyMicroInvest closes a 3 million euros funding round to finance its international development

Yearly Result 2015–to date 1,863 transactions–29,480 active members–€10 million raised

3. MyMicroIŶvest’s Portfolio

Since its inception, MyMicroInvest has invested€10 millionin over30 companies. Since 2015, MyMicroInvest also enables matureSME’sto offer loans to the crowd via bonds or subordinated loans. During the first semester of 2015, crowdlending represented 40% of the total amount invested.

Cumulative funds raised (€)

689 784

5 014 000

2012 2013 Investments by the crowd

8 339 000

9 805 088

2014 July 2015 Amount co invested by professionals

Proportion Lending/Equity in 2015 (July 2015)

60%

Lending

40%

Equity

st → At the end of the 1 semester of 2015, the total amount invested by the crowd (professional investors not included) already equals the total amount invested in 2014. Since the start, MyMicroInvest achieved double-digit growth every year. →

Number of campaigns launched per year 25

20

15

10

5

0

2012

2013 Closed Canceled

2014 Ongoing

July 2015

→ The total number of campaigns doubles each year (at least). → Transactions for companies that did not reach the minimum crowdfunding target are cancelled.