10 Sep 2015

Montréal, September 10, 2015 – From September 10 to October 15, 2015, the crowdfunding website Ulule will take its team on tour to seven of the largest cities in Quebec (Sherbrooke, Granby, Québec City, Gatineau, Trois-Rivières, Lac-Mégantic and Montréal). The tour will enable Quebeckers to discover crowdfunding, meet and exchange with the entrepreneurial community, some of the future economy’s players, and, more broadly, Quebec’s creative community. In total, 1,700 kilometres will be travelled and seven events and hundreds of meetings will be held.

The objective is to have those involved in creative, innovative or community-minded projects to become aware of and, especially, understand the crowdfunding opportunities available. Close to 10,000 projects have been financed successfully since Ulule’s launch, representing more than $50M raised for 800,000 members in 164 countries. In addition to this international success, François Bédard, Ulule Canada’s Director, recalled the importance of the local dimension of crowdfunding: “Crowdfunding is also a type of local financing that creates momentum within geographical areas. Beyond financing, it’s a great way to communicate and test an idea. By launching the first Quebec Tour, we want to reach out to the public and to people working on creative projects, all the while living up to our motto: make good things happen!

At each step in the tour, as of 5:00 p.m., the public will be invited to roundtables, training sessions and networking cocktail events, so that project promoters, business founders and Ulule users can share their experience and exchange with participants on the keys to project success.

Partners

Ulule Canada’s main partner is the National Bank, and Raymond Chabot Grant Thornton is one of its sponsors: “For us, crowdfunding is an innovative way to encourage creativity and make developmental projects happen in our society. Quebec is crammed with talent, and our challenge as a community is to bolster the attainment of the full potential for growth for wealth creators, businesses and everyone who moves our society forward with their ideas and gives it an even greater outreach,” said Raymond Chabot Grant Thornton’s Vice-President, Marketing, Communications & Business Development, Pierre Leclerc.

Several regional partners will be hitting the road with Ulule:
Espace-Inc. (Sherbrooke), Granby Industriel, Vie Culture & Communautaire, Granby Mayor’s Office, and the Chambre de commerce de Granby (Granby), Morigo (Québec City), Créagora (Gatineau), IDE (Trois-Rivières), FNC & CEIM (Montréal) will be inviting Ulule and the community to emblematic locations in each city.

Tour Program

The event details and free registration are available on Eventbrite, by clicking on the following links:

For more information, please contact Ulule Canada’s Sarah Cacoub at 514-553-0180.

About Ulule

Founded in Paris in 2010, Ulule is a crowdfunding platform intended to give power back to creators, entrepreneurs, and makers the world over. The site has already enabled the financing of thousands of creative, innovative or community-minded projects around the world. Multilingual and multicultural, Ulule currently has offices in France, Spain and Canada.

How the site works is very simple: each project, presented free of charge, gets feedback from the Ulule team. If the project is accepted and put online, it is financed only if it reaches or surpasses its crowdfunding goal within a limited timeframe (45 days on average). With this all-or-nothing approach, project promoters are guaranteed to have a favourable response and truly able to acquire the means to accomplish their projects. Ulule gets a 5% commission (8% if you include technical and transaction costs) solely for projects that were successfully crowdfunded. If the project does not achieve its crowdfunding goal, the operation is considered a “draw”: the project promoters do not receive the amount requested and the support costs are not charged.

Based on this model, close to 10,000 projects have already been financed for a total of more than $50M CA, with a 67% success rate.

Website: http://www.ulule.ca
Real-time statistics updates: http://www.ulule.com/stats
Facebook page: http://www.facebook.com/ulule

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,500 people, including some 230 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, help dynamic Canadian organizations unlock their potential for growth with over 4,300 people and some 140 offices across Canada. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms in more than 130 countries, with over 40,000 people.

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Media info and contact:
Sarah Cacoub
Ulule Canada
Tel.: 514-553-0180
sarahc@ulule.com

Sources:
Sarah Cacoub and
Francis Letendre
Senior Consultant, Public Relations
Raymond Chabot Grant Thornton
Tel.: 514-390-4201
letendre.francis@rcgt.com