The most recent buzzword around our office space Toronto is “crowdfunding.” The Internet and social media are truly changing how charitable groups and small businesses are generating funding for causes or special projects. It seems that the concept of crowdfuning is truly taking off.

So now you are asking, what is crowdfunding? Essentially, crowdfunding is the concept of asking a crowd of people to donate a defined or undefined amount of money for a specific cause or project in exchange for various rewards – or even just karma.

According to a former Telsec Toronto virtual office client (now office space client) crowdfunding can sometimes be alternatively called crowd financing, or equity crowdfunding. It is a concept where a collective effort of individuals networks and pools their resources, usually via the social network over the Internet, to support efforts initiated by other people or organizations. Crowdfunding can be used to help or support a wide variety of activities and projects, including helping a Telsec client move from having a virtual office Toronto to having a physical Toronto office space by growing his business.

The early examples of crowdfuning have included disaster relief, showing of support of an artist by his or her fans, grassroot political campaigns or movements, financing the making of an independent film – even scientific research by scientists who are not part of a large company or university.

Essentially there are three main categories crowdfunding can fall under: Donation-based crowdfunding, Debt-based crowdfunding, and Equity-based crowdfunding.

Donation-based crowdfunding involves asking a crowd to donate to your project in exchange for some for of tangible goods that are essentially non-monetary rewards. While the ideas and types of goods are endless, the most popular are items like t-shirts, pre-market product samples, or even a gift of the finished product.

Debt-based crowdfunding would involve asking a crowd to donate to your business or business project in exchange for some form of financial return and/or interest on money loaned at some point in the future.

Equity-based crowdfunding would be asking a crowd to donate to your business or project in exchange for an equity share in the project or the business.

Each can be done separately and some can be done in conjunction with other initiatives.

There is a growing trend for small businesses to use crowdfunding to grow their business so they can get out of their basement or garage office space and into a real office space. Even those start-ups who do not need physical office space (but realize that a good business address is important) are exploring the concept of a Toronto mail service or a full Toronto virtual office solution.

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

We are the highest Tech centre in the market

We have a very modern, high quality, brand new facility located at:

18 King Street East, Suite 1400

Toronto, Ontario M5C 1C4 Canada

- 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
- A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
- Building is located in Toronto's vibrant financial district
- Plenty of parking available in the area including street parking and reserved parking in the 18 King building
- Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
- Onsite amenities: Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street
- Nearby amenities: underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services
- New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
- We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
- Largest training room and conference facilities accommodate up to 60 people classroom style
- Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
- Private shower room
- Indoor Reserved Parking at the current building rental rate
- Bicycle parking
- Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
- Telsec has over 650 locations in 40 different countries worldwide available for their clients. Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location. Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location
- King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance

Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

Please check out our 70 second video on our home page or click here:

Take a look at our facilities www.telsec.net

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements.

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.

The buzz around office space Toronto is “Crowdfunding”

Looking to Learn More?

Business Centre Office Networking Can Also benefit Virtual Office Toronto Clients

Downsizing Your Toronto Office Space? Telsec Can Help!

The buzz around office space Toronto is “Crowdfunding”

Looking to Learn More?

Business Centre Office Networking Can Also benefit Virtual Office Toronto Clients

Downsizing Your Toronto Office Space? Telsec Can Help!

Hotels

Restaurants

Health and Wellness

Our Amenities