Cornish innovators looking for funding to get their idea off the ground are being invited to learn more about the emerging world of crowdfunding at an event in Penzance next month.
The Cornwall Social Media Café event will take place at Penzance’s newly opened flexible working space, The Workbox, on the evening of Tuesday 8th October, starting at 6.30pm.
Crowdfunding, where individuals pool their money to invest in new ideas, projects or businesses, has continued to grow in prominence over recent years in part due to the constraints on traditional bank lending.
Guests at the free event will have the opportunity to hear from Emily Smith of Crowdfunding initiative, Crowdfund Cornwall, as well as two individuals with personal tales of their crowdfunding experience – one who successfully raised the £5,000 they required, another who failed to raise more than £62 of his £500 goal.
Cornwall Social Media Café organizer, Aren Grimshaw said,
“More and more people are turning to the crowd to raise capital for their big ideas. Here in Cornwall, Crowdfund Cornwall is looking to raise more than £200,000 to fund 100 local projects and it’s great to have the chance to learn more about how we can all get involved, either as innovators or investors.”
The Cornwall Social Media Café is a monthly event for those interested in or using social media for business or pleasure. Started in 2009 the event regularly attracts an eclectic crowd of artists, inventors, businesses, bloggers, charities, politicians and journalists.

The Workbox, Penzance
The Workbox, which opened in May this year, offers flexible workhub facilities for freelancers, home-based businesses, professionals and entrepreneurs and is
situated in the heart of Penzance’s town centre. The Workbox has sponsored the event, providing the venue and free refreshments for all guests.
Anyone wanting to attend the event should register for free on the event page here http://www.meetup.com/CornwallSocialMediaCafe/events/139608012/ or call Aren on 07598 242212 for more information.