Sports News of Friday, 2 October 2020

Source: Ghana Soccernet

Former Asante Kotoko midfielder, Justice Blay

Ghanaian giants, Asante Kotoko is planning to begin a campaign to raise funds from their fans to sign midfielder Justice Blay from Medeama SC.

The Porcupine Warriors are looking to raise $50,000 from their fans to force the transfer of the fans' favorite.

If they are able to do that, the club will stump up the funds required to bring the talented former Hasaacas combative midfielder to Kumasi.

Blay has returned to his parent club, Medeama SC undergoing the mandatory medical screening ahead of the new campaign.

Kotoko fans are desperate to see the midfielder back in Kumasi but their chief executive Nana Yaw Amponsah has been unable to tie a deal with the two-time FA Cup winners as pressure mounts.

It's unclear if the Ghanaian giants are broke as they struggle to fund the $50,000 deal for the talented midfielder.

Kotoko have made no secret of their desire to sign the midfielder on a permanent contract after his explosive loan spell, which has won him many admirers in the Garden City.

Send your news stories to and features to . Chat with us via WhatsApp on +233 55 2699 625.

Go here to read the rest:
Kotoko plans to sign $50,000 Justice Blay with crowd funding campaign - GhanaWeb

DETROIT (FOX 2) - The best of times turned tough for Nya Marshall who opened Ivy Kitchen and Cocktails off Jefferson, right before COVID-19 hit.

"We actually opened December 30 of 2019," said Marshall. "Our sales dropped 91.5 percent and I had to furlough all 26 employees so its been rough."

The state run program matches up to $50,000 depending on the applicants plans with the money.

The doors are still closed and Marshall is using the unforeseen spare time to help others.

"What my focus became, was feeding the frontline and feeding the homeless," she said.

Now, she needs the help, launching a crowd funding campaign Tuesday. This one, with a bonus from the Michigan Economic Development Corporation.

"For every dollar I raise, the MEDC is matching," Marshall said.

She's one of only a handful of Detroit businesses selected in the statewide program - her match is up to $5,000 hoping customers that like her place, will chip in.

"This is one of the only resources I have for financial help, so it feels good that somebody is saying this lady needs some help," she said.

The state run program matches up to $50,000 depending on the applicants plans with the money.

Marshall is looking to make sure the swanky neighborhood spot is safe inside, and outside, an added dining space.

She's hoping to be back serving craft cocktails and interesting eats this summer.

"Many won't make it, many aren't making it, and so we want to be known as resilient," she said.

She will be able to rehire about half of her original staff, but says she'll be hiring. If you want to contribute, to get her back up and running,head HERE.

Read more from the original source:
State to match crowdfunding money raised to help restaurant recovery from pandemic - FOX 2 Detroit

We are now a year on from the abolishment of the recovery of success fees in Defamation and Privacy proceedings, which brought these distinct areas of law into line with the judgment of the European Court of Human Rights in MGN v UK.

Lord Jacksons reforms had effectively extinguished the recoverability of success fees across a wide range of civil litigation when implemented in the Legal Aid, Sentencing and Punishment of Offenders Act 2012, which came into force in April 2013. However, defamation and privacy proceedings remained amongst the few areas of law exempt and by extension protected - from this change.

The recovery of success fees in these areas had historically helped claimants of limited means to bring claims to protect their privacy and reputation. With success fees no longer being recoverable for any Conditional Fee Agreement (CFA) entered into after 6 April 2019, the abolishment continues to raise important questions about how such claims are to be funded.

However, all does not appear lost. Kingsley Napley will still consider the viability of a CFA for claims with a high likelihood of success. Reassuringly, After The Event (ATE) insurance, which protects claimants from paying their opponents legal costs in the event of a lost claim remains recoverable if the claim does go on to be successful.

This shake-up has encouraged claimants and defendants - to look at alternative methods to fund or defend a claim. Whilst wealthier claimants are likely to fund their claim on a private basis, the funding landscape in this area now sees claims being funded on a private basis but with funds raised online through the emergence of crowd funding through websites including Crowd Justice, which selects cases of public interest and publicises them on its website and invites the public to fund them.

Additionally, for many claimants, the focus may switch to endeavouring to recruit third party litigation funders who will agree to fund the litigation on the basis of a share of the damages award. However, the extent to which litigation funders will see the privacy and defamation litigation market as being worth their investment remains to be seen.

Go here to see the original:
Funding defamation and privacy proceedings - are there still options? - Lexology

Germany is gradually returning to normal, but this can hardly compensate for the economic damage in many places. This means that municipal crowdfunding platforms are in greater demand than ever before.

It was only a few days after the corona lockdown that municipal utilities and municipal suppliers realized the potential their crowdfunding platforms offer for restaurateurs, retailers and clubs to cushion the financial crisis caused by the pandemic.

Without further ado, numerous crowdfunding platforms relaxed their access requirements so that those affected can be helped quickly and without the administrative burden associated with local government funds. As the Leipzig Group emphasisez: The current situation presents us all with major challenges including associations and initiatives. Solidarity and support is needed more than ever. And since we as the Leipzig Group understand services of general interest to mean much more than just the supply of energy, mobility and water, it is a matter close to our hearts to prove once again that we are there for Leipzig.

The people of Leipzig have put in a strong showing. $56.000 (50,000) was raised for the sports club SC DHfK Leipzig alone to cover the running costs and to maintain the offer for post-corona times.

Potsdam, Jena, Oberhausen and also the people in the Wemag network area showed similar solidarity. The willingness to support the boards in the region stood out in particular. There were several project inquiries on this topic, one of which made it onto the platform of the Schwerin-based company. Instead of the planned $565 (500), $5,436 (4,815) was collected. The entire WEMAG promotion pot flowed into this project in April. It is a great example of how several small amounts can make a big difference and how well the platform works to find many supporters quickly and easily, said Wemag.

One of the decisive factors for the success of the municipal crowdfunding projects as a Corona emergency aid measure was the rapid, technical adaptation of the platforms. It did not even take 24 hours until the Wemag crowdfunding platform was open to all those affected. However, it was not only the old hands of the municipal crowd funding that showed solidarity; VKU members without their own crowd also supported crisis-stricken restaurateurs, retailers and clubs. This was made possible through the national crowdfunding platform of VKU Verlag (https://www.kommunales-crowdfunding.de/).

Under the motto Crowd against Corona, not only all projects of the 20 existing crowdfunding platforms are advertised on the national platform, but also municipal utilities and suppliers without their own crowd funding platform can use the offer of VKU Verlag. Project starters can apply directly to the national platform, and once the project goes online, it is played out via a widget on the respective homepage of the municipal company. To increase the chances of successful financing, the projects are assigned to the respective crowd newcomers by postcode.

In the meantime, according to Torsten Lhrs, managing director of fairplaid, more than 30 partners have accepted the free offer of help and helped to develop it further in order to help as many associations and institutions in the regions as possible. They are using promotion pots and promotion forms at a value of over $135,500 (120,000). Together with our team, we are now working on these projects on a daily basis in order to prepare them in the best possible way and make them successful.

This has already worked for Stadtwerke Troisdorf, which has already successfully supported two projects. While the tennis club TCT Haus Rott has collected almost $2,200 (2,000) for a hygiene tower, the citys womens center can now build up hygiene protection walls with over $565 (500). Through crowdfunding, maximum coverage is achieved and attention is drawn to the population. An association or a company alone would not be able to achieve this on its own, said the Troisdorf resident.

In addition, the success proves how well the system is received by the people on site. The VKU Verlag has opened its national platform for the time being until the end of July. The Troisdorf-based company wants to use this time to test crowdfunding as a new sponsoring approach, as this is the only way to find out the advantages and disadvantages of the previous model.

Stadtwerke Speyer also uses the offer of VKU Verlag and plans to publish a project on its homepage soon: With crowdfunding, Stadtwerke Speyer is breaking new ground. What particularly impressed us about crowdfunding is that we are not the sole donor, but are supporting a project sponsor who wants to convince people of his project. Projects that involve several people are usually associated with strong emotional ties, creativity and innovation. Qualities that also go well with Stadtwerke Speyer.

__

(Featured image by tvjoern via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words believe, project, estimate, become, plan, will, and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in ZfK, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Read the original post:
How Crowdfunding platforms help businesses cushion the effects of the COVID-19 crisis - Born2Invest

NEW DELHI: Robotics brand Milagrow has ventured into crowdfunding with the launch of its robotic back massager Wheeme 2020. The product has been available in the market from May 14, 2020 on its website.

Equipped with Tilt Sensor technology to avoid loss of grip and falling when held at an angle lesser than 45 degrees, the Milagrow Wheeme 2020 gently massages and is said to be effective for people who experience backaches. The massager was originally priced at Rs 11,990. Milagrow is now leveraging crowdfunding to achieve a price breakthrough and will sell the product at Rs 2,990. The crowd funding will be open to the public for a week starting from May 19 and will be closed for online order on May 25. Milagrow aims to deliver the product in 15 days.

Operating with a rolling motion, Wheeme, contains three different settings users can choose from.

Rajeev Karwal, Founder, Chairman, Milagrow Robots said in a statement, At a time when we need to remain indoors to safeguard ourselves and our loved ones, the Wheeme 2020 will act as a personal physiotherapist of sorts for those experiencing backaches and other muscle pain. The pandemic has wreaked havoc on businesses across verticals and has affected life in more ways than one. Through the crowdfunding model, we aim to ensure that the disrupted supply chain is restored quickly and the price thresholds are brought down.

See original here:
Milagrow ventures into crowdfunding with launch of massaging robot Wheeme 2020 - Economic Times