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KIDMAN CATTLE CROWDFUNDING

​Over 5,000 backers wasn't enough to carry DomaCom’s now abandoned crowdfunding bid for S.Kidman, with the company deciding to re-direct their funds towards a smaller North Queensland pastoral target. An $8 million 120-year-old family beef operation at Charters Towers.
DomaCom’s fractional property investment trust model attracted pledges totalling about $80 million after launching its belated and unconventional tilt at the Kidman pastoral business when Chinese corporate bidders were initially named as likely buyers last year.
Small-scale “mum and dad” investors and a number of farmer partnerships rallied behind DomaCom’s push to have the sale opened up to ordinary Australians who wanted to keep the iconic Kidman name and its beef properties Australian-owned.
Whilst the funding didn't actually translate into a purchase, it's full credit to the platform for giving the crowd a voice in a transaction 

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What Our Backers Are Saying

The Crowdfunding institute of Australia was instrumental in our successfully
funded Kickstarter campaign.

Crowdfunded models are critical to start up businesses like Kusaga Athletic, enabling the testing of a product's market fit and as a revenue stream for production and product development.
I cannot recommend highly enough the advice and support Kusaga Athletic received and benefited from CFIA.

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