{"id":4088,"date":"2017-09-25T00:00:00","date_gmt":"2017-09-25T00:00:00","guid":{"rendered":"https:\/\/abes.org.br\/?p=4088"},"modified":"2017-09-25T00:00:00","modified_gmt":"2017-09-25T00:00:00","slug":"10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding","status":"publish","type":"post","link":"https:\/\/abes.org.br\/en\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/","title":{"rendered":"10 questions about fundraising for startups via crowdfunding"},"content":{"rendered":"
\n\t\"\"<\/div>\n

<\/p>\n

\n\tThe raising of investments by crowdfunding<\/em> CVM Instruction No. 588, of July 13, 2017, became a norm, which aims to establish rules and benefit both sides of the negotiation: entrepreneurs (startups) and investors. Now, it is possible to raise financial resources from the general public, who will participate in the respective risks and in the potential growth of the business. According to specialist Ricardo Vieira, a partner at BTLAW, regulatory innovation can generate significant growth in new collective businesses. In this interview, the lawyer answered 10 questions on the subject. Check it out below:
\n\t 
\n\t1-    <\/strong>What does this statement state?<\/strong>
\n\tThis norm provides for the public offer for the distribution of securities issued by small business companies carried out with the waiver of registration through an electronic participatory investment platform, and amends provisions of CVM Instruction No. 400, of December 29, 2003, CVM Instruction No. 480, of December 7, 2009, CVM Instruction No. 510, of December 5, 2011, and CVM Instruction No. 541, of December 20, 2013.
\n\t 
\n\t2-    <\/strong>How much can the entrepreneur raise via crowdfunding?<\/strong>
\n\tThe maximum annual funding amount is R$ 5,000,000.00 (five million reais). If the project requires a greater contribution of resources, the suggestion is to seek other forms of financing.
\n\t 
\n\t3-    <\/strong>How much can an investor invest via crowdfunding?<\/strong>
\n\tThe maximum amount applied per investor is R$ 10,000.00 (ten thousand reais) per calendar year. This amount may be higher when: (i) the investor is regarded as a leading investor; (ii) the investor is regarded as a qualified investor and (iii) the investor has more than R$ 100,000.00 (one hundred thousand reais) in annual gross income or in financial investments (in this case, the investment limit will be 10% of this amount) .
\n\t 
\n\t4- Can the startup look for investors outside the platform?<\/strong>
\n\tAccording to the norm, the search for interested parties in investing in the project outside the online platform environment is prohibited.  
\n\t 
\n\t5- What type of compensation can the company seeking funds offer the investor?<\/strong>
\n\tBasically, the company that is raising money offers profit sharing (profits \/ dividends) and gains from the sale of the interest in the future, depending on the company's growth in the period.
\n\t 
\n\t6- How should the company that raised funds account for its activities to the investor?<\/strong>
\n\tDuring the offer, it is up to the funding platform (eg Broota, etc.) to disclose company information and inform the form of accountability, performance indicators, financial information that will be made available, etc. After the offer, accountability must occur, as initially informed. Thus, at the time of the contribution, the investor will know what information he will be entitled to after the offer and with what frequency.
\n\t 
\n\t7- What type of company is this type of investment intended for?<\/strong>
\n\tOnly small business companies can receive investments via crowdfunding<\/em>. A small business company is one that has annual gross revenue of up to R$ 10,000,000.00 calculated in the fiscal year prior to the investment.
\n\t 
\n\t8- After confirming the value, can the investor give up?<\/strong>
\n\tThe regulation provides for the investor's right of withdrawal without fines or penalties up to, at least, seven days from the confirmation of the investment.
\n\t 
\n\t9- Can the collected amount be applied to other actions?<\/strong>
\n\tThe amounts raised must be used in the development of the company's activities. Thus, they cannot be used for corporate reorganizations, acquisition of other companies, granting credit to third parties, etc.
\n\t 
\n\t10<\/strong> \u2013 Is there an established percentage for the remuneration of the platform used to raise investments via crownfunding?<\/strong> 
\n\tThe norm gives a lot of freedom, that is, there is no defined percentage. To give you an idea, Annex 8 of the standard, which is disclosed to investors, contains essential information on the remuneration of the electronic participatory investment platform and the criteria used to determine it. The payment can be through a fixed amount, success rate for raising the target amount, remuneration through the receipt of securities from the small business company, distributed or not in the offer, among other possibilities.
\n\t <\/div>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

A captação de investimentos por crowdfunding ganhou norma, a Instrução CVM nº 588, de 13 de julho de 2017, que visa estabelecer regras e beneficiar as duas pontas da negociação: empreendedores (startups) e investidores. Agora, é possível captar recursos financeiros do público em geral, que terá participação nos respectivos riscos e no potencial crescimento do […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-4088","post","type-post","status-publish","format-standard","hentry","category-ultimas-noticias"],"acf":[],"yoast_head":"\n10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abes.org.br\/en\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES\" \/>\n<meta property=\"og:description\" content=\"A captação de investimentos por crowdfunding ganhou norma, a Instrução CVM nº 588, de 13 de julho de 2017, que visa estabelecer regras e beneficiar as duas pontas da negociação: empreendedores (startups) e investidores. Agora, é possível captar recursos financeiros do público em geral, que terá participação nos respectivos riscos e no potencial crescimento do […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/abes.org.br\/en\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/\" \/>\n<meta property=\"og:site_name\" content=\"ABES\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ABES.software\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/abes.org.br\/wp-content\/uploads\/2021\/01\/logo_abes_marca_tagline_horizontal_colorido_rgb.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3509\" \/>\n\t<meta property=\"og:image:height\" content=\"2482\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"prima-dev\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ABES_SOFTWARE\" \/>\n<meta name=\"twitter:site\" content=\"@ABES_SOFTWARE\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"prima-dev\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/\"},\"author\":{\"name\":\"prima-dev\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/#\\\/schema\\\/person\\\/1bad6bff859e7d56ec5664b01968e27e\"},\"headline\":\"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding\",\"datePublished\":\"2017-09-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/\"},\"wordCount\":876,\"publisher\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/#organization\"},\"articleSection\":[\"\u00daltimas not\u00edcias\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/\",\"url\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/\",\"name\":\"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/#website\"},\"datePublished\":\"2017-09-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"In\u00edcio\",\"item\":\"https:\\\/\\\/abes.org.br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/#website\",\"url\":\"https:\\\/\\\/abes.org.br\\\/\",\"name\":\"ABES\",\"description\":\"Associa\u00e7\u00e3o Brasileira das Empresas de Software\",\"publisher\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/abes.org.br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/#organization\",\"name\":\"Associa\u00e7\u00e3o Brasileira das Empresas de Software\",\"url\":\"https:\\\/\\\/abes.org.br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/abes.org.br\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/logo_abes_marca_d_tagline_horizontal_verde-amarelo_cmyk.png\",\"contentUrl\":\"https:\\\/\\\/abes.org.br\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/logo_abes_marca_d_tagline_horizontal_verde-amarelo_cmyk.png\",\"width\":324,\"height\":70,\"caption\":\"Associa\u00e7\u00e3o Brasileira das Empresas de Software\"},\"image\":{\"@id\":\"https:\\\/\\\/abes.org.br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ABES.software\",\"https:\\\/\\\/x.com\\\/ABES_SOFTWARE\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/abes-software\\\/\",\"https:\\\/\\\/www.instagram.com\\\/abes_software\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/abes.org.br\\\/#\\\/schema\\\/person\\\/1bad6bff859e7d56ec5664b01968e27e\",\"name\":\"prima-dev\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g\",\"caption\":\"prima-dev\"},\"url\":\"https:\\\/\\\/abes.org.br\\\/en\\\/author\\\/prima-dev\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/abes.org.br\/en\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/","og_locale":"en_US","og_type":"article","og_title":"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES","og_description":"A captação de investimentos por crowdfunding ganhou norma, a Instrução CVM nº 588, de 13 de julho de 2017, que visa estabelecer regras e beneficiar as duas pontas da negociação: empreendedores (startups) e investidores. Agora, é possível captar recursos financeiros do público em geral, que terá participação nos respectivos riscos e no potencial crescimento do […]","og_url":"https:\/\/abes.org.br\/en\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/","og_site_name":"ABES","article_publisher":"https:\/\/www.facebook.com\/ABES.software","article_published_time":"2017-09-25T00:00:00+00:00","og_image":[{"width":3509,"height":2482,"url":"https:\/\/abes.org.br\/wp-content\/uploads\/2021\/01\/logo_abes_marca_tagline_horizontal_colorido_rgb.png","type":"image\/png"}],"author":"prima-dev","twitter_card":"summary_large_image","twitter_creator":"@ABES_SOFTWARE","twitter_site":"@ABES_SOFTWARE","twitter_misc":{"Written by":"prima-dev","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/#article","isPartOf":{"@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/"},"author":{"name":"prima-dev","@id":"https:\/\/abes.org.br\/#\/schema\/person\/1bad6bff859e7d56ec5664b01968e27e"},"headline":"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding","datePublished":"2017-09-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/"},"wordCount":876,"publisher":{"@id":"https:\/\/abes.org.br\/#organization"},"articleSection":["\u00daltimas not\u00edcias"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/","url":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/","name":"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding - ABES","isPartOf":{"@id":"https:\/\/abes.org.br\/#website"},"datePublished":"2017-09-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/abes.org.br\/10-questoes-sobre-captacao-de-recursos-para-startups-via-crowdfunding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"In\u00edcio","item":"https:\/\/abes.org.br\/"},{"@type":"ListItem","position":2,"name":"10 quest\u00f5es sobre capta\u00e7\u00e3o de recursos para startups via crowdfunding"}]},{"@type":"WebSite","@id":"https:\/\/abes.org.br\/#website","url":"https:\/\/abes.org.br\/","name":"ABES","description":"Brazilian Association of Software Companies","publisher":{"@id":"https:\/\/abes.org.br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/abes.org.br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/abes.org.br\/#organization","name":"Brazilian Association of Software Companies","url":"https:\/\/abes.org.br\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/abes.org.br\/#\/schema\/logo\/image\/","url":"https:\/\/abes.org.br\/wp-content\/uploads\/2020\/09\/logo_abes_marca_d_tagline_horizontal_verde-amarelo_cmyk.png","contentUrl":"https:\/\/abes.org.br\/wp-content\/uploads\/2020\/09\/logo_abes_marca_d_tagline_horizontal_verde-amarelo_cmyk.png","width":324,"height":70,"caption":"Associa\u00e7\u00e3o Brasileira das Empresas de Software"},"image":{"@id":"https:\/\/abes.org.br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ABES.software","https:\/\/x.com\/ABES_SOFTWARE","https:\/\/www.linkedin.com\/company\/abes-software\/","https:\/\/www.instagram.com\/abes_software\/"]},{"@type":"Person","@id":"https:\/\/abes.org.br\/#\/schema\/person\/1bad6bff859e7d56ec5664b01968e27e","name":"prima-dev","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/039c6325210cecd393c57645bc755f7d13deed578fddf4dbfa87bc05dcbcfa4b?s=96&d=mm&r=g","caption":"prima-dev"},"url":"https:\/\/abes.org.br\/en\/author\/prima-dev\/"}]}},"publishpress_future_action":{"enabled":false,"date":"2026-04-11 01:30:44","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/posts\/4088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/comments?post=4088"}],"version-history":[{"count":0,"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/posts\/4088\/revisions"}],"wp:attachment":[{"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/media?parent=4088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/categories?post=4088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abes.org.br\/en\/wp-json\/wp\/v2\/tags?post=4088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}