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RealtyShares Equity Crowdfunding Site Raises $32.9 Million for Midwest Commercial Real Estate Projects in Illinois, Ohio and Wisconsin

8 Mar

Buckeye commercial real estate investment opportunities are showing a significant level of activity, with $12.25 million raised for 30 deals in Ohio, concentrating around the Cincinnati and Cleveland metropolitan areas

By Robert Hoskins

Chicago, Illinois – RealtyShares is transforming the real estate investment landscape by connecting borrowers and sponsors to debt and equity capital from accredited and institutional investors, across an array of financing products. For example, the equity crowdfunding site for commercial real estate deals has released new data showing the extent of crowdfunded investments in several Midwest real estate markets.

 Infographic for Commercial Real Estate Crowdfunding

Commercial real estate developers, sponsors and borrowers in Ohio, Wisconsin, Michigan, Indiana and Illinois have raised $32.9 million to date from RealtyShares’ network of investors

To date, commercial real estate developers, sponsors and borrowers in Ohio, Wisconsin, Michigan, Indiana and Illinois have raised $32.9 million to date from RealtyShares’ network of investors, offering a source of financing for real estate projects by leveraging technology to connect potential investors with expertly vetted real estate deals.

“RealtyShares fits into a world in which it is more difficult than in previous decades to secure a loan for development from a bank, and where technology is creating possibilities for people across the country to assess information and connect with one another,” said Gerald Fogelson, Advisor to RealtyShares, CEO of Fogelson Group and an inductee of the Chicago Real Estate Hall of Fame. He recently joined the team bringing decades of real estate knowledge and experience to the emerging tech company.

Thus far 114 deals have been funded in the region through RealtyShares, with an average deal price of $288,000. Deals of up to $1.5 million have been financed in both Columbus, Ohio, and Chicago, Ill. Anchoring RealtyShares’ position in the region, $14 million has been raised for 53 deals in Illinois, with several investors targeting properties in and around Chicago. Buckeyes are also showing a significant level of activity, with $12.25 million raised for 30 deals in Ohio, concentrating around the Cincinnati and Cleveland areas.

“What we’re seeing now is that investors throughout the United States are interested in investing in markets like the Midwest, where small businesses and entrepreneurs are looking beyond their friends and family networks to raise money,” said Fogelson. “RealtyShares makes all that possible.”

Platinum Real Estate Holdings has been one of the leading deal sponsors in the Midwest, with twelve Michigan properties funded through RealtyShares platform totaling $378,000.

“Our business is built on acquiring and flipping low-cost homes in the metropolitan Detroit area on a short time frame,” said Anthony Rea, owner of Platinum. “RealtyShares has enabled us to raise financing quicker and more efficiently than traditional bank loans, which is a major asset in a market with low inventory and high demand from buyers.”

Hamilton Real Estate Capital is also among the Midwest developers that have funded multiple real estate projects through the RealtyShares marketplace. “Working with RealtyShares has given us access to a new group of investors in a straightforward and quick process,” Eli Glanz, Principal at Hamilton confirmed.

The Midwest continues to be a target market, especially in states where the company’s rates are competitive against traditional financing options.

“The Midwest is a very hot market,” said Kelly McDonald, the Vice President of Residential Debt at RealtyShares. “There is substantial inventory and a concentration of older neighborhoods that could use updates. We’re seeing homes that have been owned for 30 years that have a lot of potential.”

To date, the RealtyShares network of investors has funded upwards of $300 million across more than 550 investment opportunities on the platform, funding residential and commercial projects in 35 states.

Private investments are highly illiquid and risky and are not suitable for all investors. Through the RealtyShares website, these investors can browse investment opportunities, perform due diligence, invest online and have 24/7 access to an investor dashboard to watch how their investments are performing.

RealtyShares offers securities through North Capital Private Securities Corporation, member FINRA/SIPC.

For more information on how to become a real estate investor or to seek capital through the RealtyShares marketplace, please visit www.realtyshares.com.

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Robert Hoskins, a seasoned Front Page PR veteran provides more than twenty-five years of external communications, media relations, digital social media and SEO skills to Front Page PR’s crowdfunding PR and media relations service portfolio.
Robert Hoskins
(512) 627-6622
@Crowdfunding_PR


Mr. Robert Hoskins is a seasoned marketing veteran with a proven track record of helping entrepreneurs, startups, small businesses as well as Fortune 500 corporations launch successful marketing communications campaigns to gain market traction for a wide variety of products and services.
On a regular basis, Mr. Hoskins consults with crowdfunding campaign managers as well as crowdfunding sites, portals and platforms to deliver successful crowdfunding marketing campaigns.
Google search “Robert Hoskins Crowdfunding” to see why Mr. Hoskins is considered one of the industry’s foremost crowdfunding experts that has amassed a huge social media following, which is dedicated to supporting donation-, rewards- and equity-based crowdfunding campaigns.

420FundMe.com Launches Equity Crowdfunding Site to Tap $100 Billion Marijuana, Weed & Cannabis Industry

25 Aug

Aimed at cannabis related ancillary companies, which are not directly involved in the actual growing or selling of cannabis, 420fundme focuses on individuals that are bringing unique new products to the industry

By Robert Hoskins

San Francisco, California – The IPAmediagroup announced the official launch date of www.420fundme.com, a highly anticipated crowdfunding platform to crowdfunding for cannabis, marijuana and weed related projects. The site launch is set for September 15th and will enable individuals, groups and businesses to fund a project or venture by raising monetary contributions from individuals online.

420FundMe.com Launched a highly anticipated platform for crowdfunding cannabis, marijuana, and weed-related projects, startups and business expansion

420FundMe.com Launched a highly anticipated platform for crowdfunding cannabis, marijuana, and weed-related projects, startups and business expansion

Aimed at cannabis related ancillary companies, which are not directly involved in the actual growing or selling of cannabis, 420fundme focuses on individuals that are bringing unique new products to the industry. Working within a potential $100 billion industry, according to Economist.com, since August 1st the site prelaunch has allowed registration for new projects to be listed on launch day.

“We have beat all expectations and are already seeing a large influx of highly exceptional new products that are simply going to change the industry,” Jon Greene, 420FundMe’s Chief Operating Officer confirms.  “From lighting, security, paraphernalia, and grow products to research, genetics, publications and even real estate services as well as a number of artists, websites, glassblowers, and even filmmakers we can already see we created a necessary platform that is going to be well used.”

Centered on making certain each and every campaign is a success, 420fundme has implemented a number of unique solutions that are not only new to the cannabis industry but also new to crowdfunding and alternative financing. This includes facilitating inline promotional abilities and applying third-party partnerships directly through the platform.

With uninterrupted connections from the project page any campaign has direct access to high quality third-party marketing, publicity, advertising, and media services as well as packaging and branding services and solutions.

“It is a seamless partnership that will enable every campaign to create success at the same time providing our partners and advertisers a huge new market,” Greene added.

Visit 420FundMe.com to pre-register your project and to find out more about how to utilize crowdfunding to raise money to launch your cannabis, marijuana or weed related business or how to sponsor a campaign, become a partner, and explore advertising opportunities.

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Crowdfunding PR Rolls Out Title III Equity Crowdfunding 2-Month Prep-Work Programs to Launch More Successful Crowdfunding Campaigns

16 May

The crowdfunding prep work program helps entrepreneurs, startups and small businesses amass a large crowd of followers on social media and utilizes PR to generate hundreds of articles on leading newspapers, TV/radio stations, trade publications and leading blogs

By Robert Hoskins

Austin, Texas (May 16, 2016) – Want to learn how to launch a successful Title III crowdfunding campaign on one of top 100 equity crowdfunding sites? To help crowdfunders achieve this elusive goal, Crowdfunding PR (http://crowdfundingPR.wordpress.com) announced a special two-month Crowdfunding Prep Work Program that will significantly improve a crowdfunding campaign’s success rate by amplifying its founder’s social media profiles and by utilizing an effective crowdfunding PR campaign to generate hundreds of stories in the electronic news media prior to the crowdfunding campaign’s launch.

How to Plan a Successful Crowdfunding PR Campaign by Following this Secret Step-by-Step Process

How to Plan a Successful Crowdfunding PR Campaigns, a Step-by-Step Process

One of the biggest challenges that most crowdfunding campaigns face are weak social media credentials and the lack of a large group of social media followers that are needed to support crowdfunding campaigns with donations and/or investments. Building strong, professional Facebook, LinkedIn and Twitter profiles and amassing the largest possible group of followers on social media networks is crucial to conducting a successful crowdfunding campaign.

The second biggest task is generating stories on electronic news media outlets and blogs prior to launching a crowdfunding campaign. Not only can a well-orchestrated crowdfunding PR campaign generate hundreds of free, positive trade press articles to support the fundraising effort, but the same targeted, search engine optimized press releases will continue to drive new investors, potential customers and sales/distribution partners to the business long after the crowdfunding campaign ends.

“What many entrepreneurs and startups need to recognize is how important social media is in the world of crowdfunding,” said Robert Hoskins, Crowdfunding PR’s Director of Crowdfunding Campaigns. “The very first thing that an investor/donor does when they read through a crowdfunding profile they like is to look up the company and its team members on Facebook, LinkedIn and Twitter to check out their credentials. Having a strong resume on LinkedIn, lots of likes on Facebook and an army of followers on Twitter is crucial to determining the strength of the team and the likelihood that they have the tenacity and skill set to deliver on their crowdfunding campaign’s promises.”

“Next, most investors/donors will do a Google search to see what they can find online for both the company and its team members,” Hoskins continued. “With a two-month crowdfunding prep-work campaign there will be several pages of search engine results that link to the client’s website pages, their social media posts/profiles and the crowdfunding campaign’s prep pages that will point to their live fundraising campaign on Kickstarter.com, Indiegogo.com, GoFundMe.com or any of the other 2016 Top 100 Global Crowdfunding sites.”

If you would like to speak with a crowdfunding PR, social media and/or marketing expert regarding your crowdfunding campaign please call Robert Hoskins at (512) 627-6622 or fill out the contact form at: https://crowdfundingpr.wordpress.com/about-crowdfunding-pr-campaigns/ to setup a telephone consultation.

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Robert Hoskins, a seasoned Front Page PR veteran provides more than twenty-five years of external communications, media relations, digital social media and SEO skills to Front Page PR’s crowdfunding PR and media relations service portfolio.
(512) 627-6622
@Crowdfunding_PR


Mr. Robert Hoskins is a seasoned marketing veteran with a proven track record of helping entrepreneurs, startups, small businesses as well as Fortune 500 corporations launch successful marketing communications campaigns to gain market traction for a wide variety of products and services.
Mr. Hoskins is one of the crowdfunding industry’s foremost crowdfunding advocates and has amassed a huge social media following that is dedicated to supporting donation-, rewards- and equity-based crowdfunding campaigns. Due to the overwhelming demand from the general public for crowdfunding information, he empowers entrepreneurs with some of the internet’s most affordable ($20) online crowdfunding training classes, which provide insight to startups around the world on a 24 x 7 basis.
Mr. Hoskins adamantly believes that the crowdfunding industry will empower everyone in the United States to rediscover the possibility of living the American dream with a little hard work, a great business idea and the dedication to researching, planning and launching a well-thought-out crowdfunding campaign. He consults on a regular basis with crowdfunding campaign managers as well as crowdfunding sites, portals and platforms to deliver successful crowdfunding marketing campaigns.

SEC’s Proposed Amendments to Approve Nationwide Intrastate Crowdfunding and Raise Limit to $5 Million for Small Business

31 Oct

SEC’s Proposed Amendments to Rule 147 and 504 to Facilitate New Intrastate Crowdfunding and the Sale of Regional Securities Offerings

SEC Staff Proposes Amendments to Rules 147 and Reg. D.,504

SEC Staff Proposes Amendments to Securities Rules 147 and Reg. D. 504

 By Robert Hoskins

 SEC’s Proposed Actions for Title III Crowdfunding

The Securities and Exchange Commission is considering whether to propose amendments to Securities Act Rule 147 and Rule 504 of Regulation D.  The proposed amendments would be part of the Commission’s efforts to assist smaller companies with capital formation consistent with its investor protection mission.

Proposed Title III Crowdfunding Amendments

Proposed Amendments to Rule 147

The proposed amendments would modernize Rule 147 to permit companies to raise money from investors within their state without concurrently registering the offers and sales at the federal level.  The proposed amendments to Rule 147 would, among other things:

  • Eliminate the restriction on offers, while continuing to require that sales be made only to residents of the issuer’s state or territory.
  • Refine what it means to be an intrastate offering and ease some of the issuer eligibility requirements in the current rule.
  • Limit the availability of the exemption to offerings that are registered in-state or conducted under an exemption from state law registration that limits the amount of securities an issuer may sell to no more than $5 million in a 12-month period and imposes an investment limitation on investors.

Proposed Amendments to Rule 504

The proposed amendments to Rule 504 of Regulation D would increase the aggregate amount of securities that may be offered and sold under Rule 504 in any 12-month period from $1 million to $5 million and disqualify certain bad actors from participation in Rule 504 offerings.  The proposed rules would facilitate capital formation and increase investor protection in such offerings.

 

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What is Crowdfunding?

14 Mar

Crowdfunding sites and platforms are a great way for Universities and Colleges to generate extra revenue and market their school’s brand name on a global basis

By Robert Hoskins

What is Crowdfunding?

Crowdfunding is not a new concept. It has been used for thousands of years to collect small sums of money from the masses to pay for some of the most well known works in the world such as the Statue of Liberty.

The JOBS Act made it legal to use e-commerce sites to build crowdfunding profiles to collect money online from investors and utilize general solicitation  (advertising/marketing/PR) to raise money from the masses for the first time in 80 years. Funding that can be used provide seed investment capital to startups and help existing businesses expand their operations.

What States Have Legalized Equity Crowdfunding?

At the federal level, the final Title III equity crowdfunding rules guidelines have been stalled by the SEC, but at the state level Texas, Michigan, Georgia and 13 other states have passed Intrastate Crowdfunding Exemption rules that allow startups and businesses to raise money by selling equity shares online to raise seed investment capital. Other large states including CaliforniaIllinois, and Pennsylvania have proposed legislation, which is working its way through the legislative process.

Map of U.S. States that approved Intrastate Equity Crowdfunding Exemptions

Map of U.S. States that have approved Intrastate Equity Crowdfunding Exemptions

                                                Source: CrowdfundingLegalHub.com

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What is an Intrastate Equity Crowdfunding Exemption?

11 Mar

Due to the SEC’s Refusal to Pass Title III Crowdfunding Guidelines, which are Three Years Overdue, 31 States Have Passed or Plan to Pass Their Own Intrastate Equity Crowdfunding Exemptions

By Robert Hoskins

Intrastate Crowdfunding Exemptions

List of States with Approved Equity Crowdfunding Exemptions:

The good news is that there are currently 15 states, including Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Oregon, Tennessee, Texas, Washington, and Wisconsin  that have approved Intrastate Crowdfunding Exemptions. This represents 33% of the United States population or  106.3 million people.

List of States with Pending Equity Crowdfunding Exemptions:

Another 16 states including Alaska, Arizona (not reflected on map), Arkansas, California, Connecticut, Illinois, Kentucky, New Jersey, New Mexico, Minnesota, Missouri, Pennsylvania, Rhode Island, South Carolina, Utah, Virginia that have pending legislation.  This represents 38% of the United States population or 112.4 million people.

List of States Who are Asleep at the Wheel:

Apparently Delaware, Hawaii, Iowa, Louisiana, Mississippi, Montana, Nebraska, New Hampshire, New York, North Dakota, Ohio, Oklahoma, Puerto Rico, South Dakota, Vermont, West Virginia and Wyoming are either asleep at the wheel or do not have internet access. This represents 19.7% of the United States population or 63.6 million people.

List of States that have Rejected Equity Crowdfunding Exemptions:

Only Florida and North Carolina have decided not to help small business get access to investment capital. This represents 9% of the United States populations or 29.8 million people.

100% of Colleges and Universities Can Solicit Accredited Investors

This means that 100% of colleges and universities in the United States can solicit accredited investors nationwide using an equity crowdfunding platform to fund their incubator and accelerator programs.

On a state level, 33% can solicit non-accredited investors now with another 38% hopefully coming online by the end of 2015. If that happens equity crowdfunding will be legal in 31 states where 71% of all Americans live.

Map of U.S. States that approved Intrastate Equity Crowdfunding Exemptions

      Source: CrowdfundingLegalHub.com

 What are Non-Accredited Investors?

In states where an Intrastate Crowdfunding Exemption has been approved by the state securities board or the state legislature, anyone 18 years or older who lives in the same state can invest in local school accelerator’s equity crowdfunding opportunities regardless of income or assets.

This means that even schools in rural areas with zero funding to support startups companies or incubator or accelerator programs can setup an equity crowdfunding sites and begin soliciting angel and accredited investors all over the United States.

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Want to launch an equity crowdfunding site in your state?

Please fill out this form to get started:

MichiganFunders.com Launches 1st Equity Crowdfunding Site in Detroit for Non-Accredited Investors and Entrepreneurs

25 Feb

Under the Michigan Invests Locally Exemption (MILE) Act, New Rule Allows Non-Accredited Investors to Invest Alongside Angel Investors for 1st Time in 80 Years

By Robert Hoskins

Detroit, MI – MichiganFunders.com announced that it launched the 1st equity crowdfunding site in Detroit to connect Michigan-resident investors and Michigan-based businesses that are seeking growth funding. The equity crowdfunding site is  the first portal based in Michigan to allow investors to participate in private equity investments in exciting local startups, expanding businesses, and real estate. All investors, regardless of income, are able to participate in funding the future. Investing in exciting local Michigan businesses has never been easier. 

MichiganFunders Equity Crowdfunding Site for Non-Accredited and Angel Investors

MichiganFunders Equity Crowdfunding Site for Non-Accredited and Angel Investors

Following the passage of Public Act 264, co-founders David Tessler, local attorney Jeffery Freeman, and Niles Heron partnered to build the platform, which will for the first time, open up investment opportunities to Michigan-based non-accredited investors. The site launched in February 2015 and will be open to both prospective investors and entrepreneurs. 

According to a leading research report, How Accelerators Kickstart Startup Ecosystems by TechCocktail, “In 2013, over $120 million in venture capital was invested in 40 Michigan companies, the most deals done in a single year in the past decade. The state now boasts 33 venture capital firms (50% more than 2008), $1.6 billion of capital under management, and over 90 investors (84% more than 2008). Its Q2 investments in 2014 landed it #11 among US states.”

In 2014, Google recognized the huge potential for growth in Detroit and launched Grand Circus Tech Hub located inside M@dison Block to provide financial support and resources for entrepreneurs.  The investment is a sign that even Internet Moguls do not forget their roots. Google co-founder Larry Page was born in East Lansing, less than 100 miles from Detroit, and graduated from the University of Michigan.

Equity Crowdfunding will augment Michigan’s ability to provide additional seed investment capital to their growing network of entrepreneur and startups organizations such as:

Michigan is the 10th most populated state in America, and growing yearly, with almost 10 Million residents. The state contribute’s in excess of $400 billion to the national GDP, which is more than Thailand, Austria, and a host of other countries produce for themselves yearly. Detroit was recently ranked a top-city for entrepreneurship and startups by Forbes.

The Michigan Invests Locally Exemption (MILE) opens up small business securities investments to all Michigan residents in a way not available nationally, or in the majority of other states. We’re from here, based here, and committed to working with local investors and small businesses to bridge the gaps.

“Michigan Funders firmly believes that the pursuit of dreams is an inalienable right, and should not be denied or deferred because of access or wealth. Within that is our belief that investors should be allowed access to investments, and businesses should be allowed access to capital – both within a truly democratic market,” said Niles Heron, Chief Business Development Officer at Michigan Funders.

Built on the CrowdEngine crowdfunding platform, state residents can now invest up to $10,000 per investment, per year, in startups, existing businesses, and real estate via crowdfunding platforms.

“CrowdEngine is proud to have been part of many crowdfunding ‘firsts’, and this is another key milestone in bringing equity crowdfunding to the world. This is the same technology trusted by investors and entrepreneurs around the world, but now we’re enabling a new investment experience for intrastate crowdfunding portals that is accessible, efficient, and secure,” said Jim Borzilleri, President.

Accelerators and Incubators can use CrowdEngine’s software to launch their own equity crowdfunding site that features:

  • User-Friendly Tools  – That simplify the creation, promotion and securing of new investments for small businesses.
  • Align Investors to Investments – With access to a broader range of locally based investments not limited by federal requirements of existing personal relationships, “accredited” investor status, or other federal compliance requirements.
  • Streamlined due diligence  – A new population of investors and entrepreneurs can focus more on fundraising instead of paperwork, with digitized templates, automation and e-signing during the checkout processes. 
  • Increased Convenience –  Michigan residents can now browse investments anytime, from anywhere, on any device.
  • Investor Management – Once investments are complete, companies and entrepreneurs have one simple tool for investor communication, payouts, dividends, and quarterly updates.

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Positive Letters Needed to Support the SEC’s Ability to Crowdfunding Pass Title III Guidelines for Small Business

8 Sep

The SEC Claims that It Does Not Have Sufficient Positive Industry Support to Implement Title III Crowdfunding. Let’s Change that Today by Sending in 10,000 Letters and Tweets from American Entrepreneurs and Small Businesses that Want Access to Small Business VC

By Robert Hoskins

Washington, D.C. – I’d like to start off by saying “Hats off” to Justin Ryan and Terell Jones for putting on an awesome Kickercon crowdfunding event in Houston last month. It was, by far, the best crowdfunding conference we have attended to date! All of crowdfunding subject matter experts were there, but this conference did a much better job than most because they addressed where the crowdfunding industry is headed instead of just rehashing the old facts and figures of the JOBS Act.

There were numerous tracks on the Texas Intrastate Crowdfunding Exemption, an excellent Crowdfunding Boot Camp put on by InventIt2Day’s Conley Giles, and great panel discussions on the up and coming real estate crowdfunding industry, but the most important event by far was a presentation by Ron Miller, who has been meeting with numerous officials the SEC in an attempt to try and understand the SEC’s hesitation to implement Title III crowdfunding rules, which are now way overdue.

 

Please Retweet - I suppport Title III Crowdfunding

Please Retweet – We support Title III Crowdfunding to Start Small Businesses!

 

Mr. Miller gave a convincing presentation based on comments from SEC Commissioners and many of its staff members.  The SEC is basically saying that in 560+ pages of public comments, the negative comments outweigh the positive comments supporting the implementation and communicated that if they had a lot more positive support from Americans then they would be more motivated to pass the final guidelines.

In the Crowdfunding Industry we pride ourselves on utilizing the crowd to accomplish many objectives such as raising money for crowdfunding campaigns and helping crowdfunding platforms police potential equity investment deals.

Unlike many established industries, members of the crowdfunding industry have very advanced social media capabilities and very large networks of contacts on Facebook, LinkedIn, Twitter, YouTube and other important social media networks. One of Mr. Miller’s main points was that the crowdfunding industry should begin working together to leverage these social media networks to drum more support.

During the event’s Q&A session, with an after show audience of almost 500 crowdfunding enthusiasts, several comments suggested developing a Title III Crowdfunding Support Form Letter and providing the contact information on where to mail or email these positive Title III Crowdfunding support letters.  Others suggested creating HeadTalker or ThunderClap campaigns.

In addition, the audience and the event hosts suggested contacting your U.S. House of Representatives and U.S. State Senators to let them know that support for Title III Crowdfunding Rules will be an important factor when considering who to vote for this fall.

Please show the SEC your overwhelming support for Title III Crowdfunding and let them know that the general public, entrepreneurs and small businesses are 100% behind creating a Title III equity crowdfunding industry in the United States. Please download a copy of this Form Letter, add your contact information and then send it the SEC. It will take less than 5 minutes, but can make a difference for the crowdfunding industry.

Please repost, retweet and reblog this story.  All copyrights are waived on both the text and the image. Please retweet and republish at will!

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Feel free to mention these handles in your tweets:

 

How to Make Money and Create Jobs by Teaching Crowdfunding Training Classes in Your City, State or Country

17 Jul

Did you know that 50% of the 48 contiguous United States don’t have one single crowdfunding training class? That means anyone with a marketing degree can make $49 to $399 per student teaching people how to launch crowdfunding campaigns

By Robert Hoskins

Austin, Texas – One thing that amazes me about the crowdfunding industry is the lack of training programs or community outreach programs that are available on a nationwide basis.  There are plenty of crowdfunding professionals that offer training programs, boot camps and workshops in major metropolitan areas, but what about cities with a population of less than 500,000 people?

How to Launch a Crowdfunding Training Program in Your City or State

Teach a Crowdfunding Training Class in Your City or State to Help Small Businesses to Create New Jobs

In most cases, cities with a population of 100,000 or more people usually have a Chamber of Commerce, Economic Development Council, SBA, SBDC,  and/or SCORE  offices that are setup specifically to help entrepreneurs and startups write business plans and find venture capital.

What surprises me the most about these organizations is that they don’t offer one single local crowdfunding training class on how to use crowdfunding  campaigns to raise money to get small businesses off the ground. Why is that?

There so many smart people out there that already teach business planning, business development, finance, marketing, etc.  Why not include a crowdfunding training class to teach entrepreneurs how to take advantage of the growing $10 billion crowdfunding industry?

Crowdfunding training classes, boot camps and workshops are charging anywhere from $49 for online classes to $399 for onsite conference training programs? Why not roll out these revenue generating programs to rural  America? Anyone familiar with the co-op business model should be able to quickly understand the concept of working with a whole community to share the cost of launching new businesses together.

 Anyone with a marketing background or public speaking experience should be able to read through the standard crowdfunding educational training program and with a little practice could teach millions of Americans how to launch successful crowdfunding campaigns to raise money to start new businesses.

To get a sense of the void of crowdfunding training classes available throughout the United States, please click on the state links below to see how many states have only one or zero crowdfunding training programs:

United States Crowdfunding Training Programs:

 

American Territories:

Funderbuilt Leads the Growing Crowdfunding Industry by Capping Platform Commission Fees at a Maximum Fee of $250

14 Jul

The portal provides campaign managers with several unique tools including FunderFactor, Funderbuilt Toolbox and a Crowdfunding Campaign To-Do List

By Robert Hoskins

Southfield, Michigan – Funderbuilt officially launched on July 4th to service all types of fundraising needs and models, including donations to charitable causes, reward-based contributions to creative and business endeavors, and equity-based investments in new businesses and products. Providing “simply successful crowdfunding,” Funderbuilt makes it easy for project owners to connect with donors, contributors and investors who will help them fund their dreams.

Funderbuilt offers Donation, Reward, and Equity Platform for All Types of Crowdfunding Campaigns

Funderbuilt offers a Donation, Rewards & Equity Crowdfunding Platform for All Types of Fundraising Campaigns

Funderbuilt is perfectly suited to ALL KINDS of fundraising projects, so there’s no need to choose between multiple platforms. Projects are grouped into 3 categories – Causes, Ideas and Ventures — and just about any project falls into one of these 3 buckets.

While most crowdfunding platforms take a percentage of a project owner’s raised funds with no upper limit, Funderbuilt’s fee is never more than $250, so project owners keep more of the money they raise (Funderbuilt keeps 5% of the funding goal or $250, whichever is less). With lower fees, flexible funding models and easy to manage tools for success, Funderbuilt is designed to help projects succeed and gives project owners the best possible chance of reaching their funding goals.

The portal also provides what’s called a FunderFactor, a quick and easy way to gauge a project’s progress and the efforts of the project owner. Once a project is launched, the portal recommends that users utilize the Funderbuilt Toolbox and To-Do list to continue building support for their project.

“Our goal is to attract the best projects and the best funding sources and put those two groups together – that’s where the magic happens,” said David Moncur, Chief Marketing Officer, Funderbuilt. “Our flat fee pricing model is revolutionary to the industry and we go all out to help project owners be successful with their projects. Our platform has systematized the entire process so it’s easy to upload a project, then learn exactly what you need to do on each day of your crowdfunding campaign to maximize the likelihood of success.”

With the launch of Funderbuilt, Cincinnati, OH-based Fifth Third Bank has announced that it will refer business opportunities to the crowdfunding portal that may not fit the bank’s traditional lending requirements, but have a solid business plan, management, etc.

“The exciting thing about crowdfunding is that it provides much easier access to capital for smaller entrepreneurs, and I believe that it may well revolutionize the formation of new businesses, providing badly needed positive momentum for our economy,” said Mark Morrison, Vice President, Team Lead Commercial Middle Market, Fifth Third Bank. “As a banker, one of the most important factors for lending is cash flow and crowdfunding could help fund the gap until an entrepreneurial business establishes the cash flow necessary to qualify them for a loan. We look forward to working with Funderbuilt as a referral source for start ups and small businesses who don’t meet lending requirements.”

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