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WSE to support start-ups

22:50

The Warsaw Stock Exchange has announced it would launch a crowdfunding platform to help finance Warsaw start-ups together with the City of Warsaw and the Aula Polska business association. On Monday, the three entities signed a letter of intent on the issue.

“Last year crowdfunding platforms all over the world collected more than $5 billion and it is estimated that the value will grow to some $300 billion in the next 10 years,” said Adam Maciejewski, CEO of the Warsaw bourse. “It’s high time that we started using crowdfunding as a way of financing entrepreneurship in Poland.”

The project involves the creation of a crowdfunding platform, as well as a co-working space and the presence of advisors from the part of all three partners.

Poland A.M.

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