amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32

 

The best source for news and information about crowdfunding for good.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Monthly Archives: July 2015

biffle Launches $50 Million Regulation A Fundraising Effort under New JOBS Act Rules

ST. LOUIS — (BUSINESS WIRE) — biffle USA, Inc., an online Buying Club that plans to use a patented reverse auction to help consumers find the guaranteed lowest price online on thousands of new, name-brand consumer products, today announced a Regulation A fundraising effort that seeks to raise up to $50 Million under Title IV of the Jumpstart Our Business Startups (JOBS) Act.

“Such opportunities were once only available to accredited investors. But not anymore, as the JOBS Act has changed the investment climate, and we are excited to be at the forefront of such exciting times.”

The Securities and Exchange Commission’s new Regulation A+ rules allow any individual to invest up to 10 percent of their annual income or net worth, giving biffle the opportunity to seek up to $50 million in a wide-ranging effort that may well result in the industry’s first successful Reg A+ fundraising campaign.

“In years past, companies were not able to seek investment from average individuals, who might have wanted to invest in a startup,” said biffle founder Gene Fusz, a noted technology entrepreneur. “Such opportunities were once only available to accredited investors. But not anymore, as the JOBS Act has changed the investment climate, and we are excited to be at the forefront of such exciting times.”

Fusz was the original inventor of systems for conducting auctions on the Internet (US Patent No. 7,133,835), notably with an invention date predating eBay’s founding. More recently, Fusz was granted a new patent (US Patent No. 8,438,072) for a reverse auction designed for the consumer products marketplace with purchasing assurances of best price and transaction security not unlike those found in major securities and commodities exchanges.

biffle will initially launch as an online Buying Club. But as this marketplace begins to scale, Fusz believes it will be transformed into a virtual stock market with spot-market pricing on thousands of new, name-brand consumer products.

“We hope to eliminate the need for the price search engines used by consumers,” Fusz added. “We want to change the face of e-commerce and how consumers ensure that they are getting the lowest price available.”

To learn more about biffle’s fundraising effort and to register to attend the company’s upcoming webcast, please contact the company at: www.biffle.com/invest/biffle.

Award Winning Wine Rewards Supporting Prostate Cancer Research

Napa, CA, July 9, 2015. 2redWinery, makers of the award-winning Ziniphany© Zinfandel and #2red is raising funds on Indiegogo for the 2015 vintage with all proceeds supporting prostate cancer research through the Robert and Susan Hollander Foundation, an IRS approved 501c3 organization.  Campaign supporters, in exchange for their tax-deductible support, can secure wine from the 2015 vintage or from the award-winning wine library of 2redWinery.

Robert Hollander, the winemaker and principle of 2redWinery, started small-volume winemaking in 2007 to indulge a long-standing passion.  Passion changed to purpose in 2010 after he was diagnosed with prostate cancer at an incurable stage. Dr. Hollander, a highly-regarded clinician/teacher at the Gainesville VA Medical Center, affiliated with the University of Florida, then created the Robert and Susan Hollander Foundation to fund prostate cancer research.  “After that, it just made sense to fund the Foundation with my winemaking.  It gave my wine a dual purpose, not just to make a great wine I was proud of, but a wine that served a special purpose,” Hollander observed.  In the two years the Foundation has been operational, unrestricted grants have been provided to researchers at MD Anderson Center and the Cleveland Clinic.

Dr. Hollander’s campaign goal is $35000 with all proceeds above production costs supporting prostate cancer research through the Foundation. Contributions to the campaign are processed by FirstGiving and are tax deductible. Rewards for campaign supporters include wine from the upcoming 2015 vintage or wines from the award-winning library of 2redWinery. “It’s a win-win-win-wine,” according to Hollander.

See Campaign: http://www.igg.me/at/2redwinery.com

Some Facing Foreclosure Will Receive Helping Hand Instead

Matthew Sullivan is the founder and CEO of CrowdVenture, a company that is using the power of crowdfunding to help people stay in their homes, even when the homes are under water financially.

Matthew explains:

Every home has a heartbeat.

Our aim is to demystify and democratise the investment process and give the wider community access to investments that deliver social benefits as well as solid returns.

There are currently 821,275 properties in U.S. that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 1,287,934.

In May, the number of properties that received a foreclosure filing in U.S. was 1% higher than the previous month and 16% higher than the same time last year.

Homeowners have been waiting for serious, meaningful relief from the crash in their home values that was the byproduct of the manipulation of the finance sector during the years prior to the 2007 crisis. Many of the new foreclosure actions are being taken out against people who have tried to hang on to their homes despite the bottoming-out of home values and sky-high unemployment rates. One by one these families are falling into the jaws of foreclosure as they simply cannot hold out any longer.

Banks are either unwilling or unable to offer solutions that are sustainable for the homeowner. The Home Guardian Fund does however offer a real solution – we buy these distressed, non-performing mortgages from banks and hedge funds at big discounts, then work with homeowners to reduce their principal balance and monthly payments so the loan becomes affordable again. This means the homeowner can stay in their home and no longer faces the threat of eviction.

Our approach provides a profitable return for the investor, while helping to keep the heart beating in every home.

On Friday, July 10, 2015 at 4:00 Eastern, Matthew will join me for a live discussion about CrowdVenture. Tune in here then to watch the interview live. Post questions in the comments below or tweet questions before the interview to @devindthorpe.

You can download an audio podcast here or subscribe via iTunes.

More about CrowdVenture:

Twitter: @thecrowdventure

At CrowdVenture, our mission is to make real estate investing a collaborative, simplified procedure. Our aim is to give accredited investors the opportunity to participate in high quality, innovative real estate investments across the United States. And our objective is to deliver a range of investments that previously would only be available to ultra-high net worth individuals and hedge funds, and that deliver above-market returns while contributing to social betterment.

Matthew Sullivan

Matthew Sullivan

Matthew’s bio:

Twitter: @mattsullivanco

Matthew is the founder and CEO of CrowdVenture.com, based in Newport Beach, California. CrowdVenture.com is a real estate crowdfunding platform. Matthew is also the owner of Carbon Retirement LLC, an international sustainability and carbon offsetting consultancy. He has founded several companies in the UK, Europe, India, Australia and the US across a wide range of sectors including telecommunications and software development, international sustainability and environmental asset management, financial services, customer acquisition services, front and back office process design and implementation, online and offline sales, marketing and brand building. He worked with Richard Branson on a number of Virgin projects and was appointed trustee and director of Virgin’s London Air Ambulance. Matthew has a private helicopter license and is a keen fencer.

Remember to “join the cavalry” by subscribing to our content here.

Devin D. Thorpe

Need Investment Money For Your Social Venture? Expert Explains How To Use Crowdfunding

Jenny Kassan is one of the world’s leading experts on investment crowdfunding and she’s passionate about using it for good!

Jenny says, “Be yourself when raising capital. Just like with dating, it’s better to show your authentic self than to pretend you’re something you’re not. Not only will you be more likely to attract investors you’re happy with, the process will be easier and more enjoyable.”

She helps nonprofits and social entrepreneurs figure out how to raise money. She explains, “You know that raising money from investors could help you take your business (or entrepreneurial nonprofit) to the next level of success. But you’ve heard horror stories about what it’s like to raise money from professional investors, like Venture Capitalists and Angel Investors, and you’re worried that’s not a good fit for you. You would like to raise money from regular folks – your community, customers, and fans. But you’ve heard that it might be illegal to do that.”

“Good news! There are legal ways to raise investment capital from the crowd. One of the names for this is doing a Direct Public Offering, but it is also sometimes called by other names like investment crowdfunding,” she continues.”

“A DPO is legal way to offer an investment opportunity (equity or debt) using public advertising and opening the opportunity to anyone, whether a wealthy professional investor or not (in legal parlance, you can open your investment offering to both unaccredited and accredited investors),” she concludes.

On Friday, July 10, 2015 at 3:00 Eastern, Jenny will join me here for a live discussion about investment crowdfunding approaches that are legal today. Tune in here then to watch the interview live. Post questions in the comments below or tweet questions before the interview to @devindthorpe.

More about Jenny’s offerings:

Jenny offers legal advising, consulting, and coaching to help entrepreneurs and the organizations that serve them design and implement mission-aligned growth and financing strategies.

Jenny Kassan

Jenny Kassan

Jenny’s bio:

Twitter: @jennykassan

Jenny has almost two decades of experience as an attorney and advisor for mission-driven enterprises. Her legal practice areas include small business structure and financing, securities, nonprofits, and cooperatives. She co-founded Cutting Edge Capital, a firm that helps social ventures raise capital in alignment with their goals and values.
She has helped her clients raise millions of dollars and raised several hundred thousand for her own business.
Jenny earned her J.D. from Yale Law School and a masters degree in City and Regional Planning from the University of California at Berkeley.
Prior to beginning her work in securities and finance, Jenny worked for eleven years at a nonprofit community development corporation in Oakland, where she served as staff attorney and managed community economic development projects including the formation and management of several social ventures designed to employ and create business ownership opportunities for low-income community residents.
Jenny is the President of Community Ventures, a nonprofit organization dedicated to promoting the economic and social development of communities. She also co-founded the Sustainable Economies Law Center, a nonprofit that provides legal information to support sustainable economies.

Maryland Center for Entrepreneurship Company Launches Indiegogo Campaign

Baggio Seeks Funding for Smart Bag Technology

Columbia, MD (July 9, 2015) — Baggio is solving a problem that has haunted parents for generations– grabbing what is thought to be a fully packed, ready to go diaper bag only to find out it is just an empty bag!

The Baggio Smart Bag System is a smart bag with embedded patent pending sensor technology activated by a smartphone app. The sensor system wirelessly communicates with the companion smartphone app to alert an owner of missing, low quantity or no bag contents. Additionally, GPS and low energy Bluetooth technologies are also embedded in the bag to enable location tracking of the smart bag or its connected smartphone.

To bring the product to market the Baggio team is launching an Indiegogo campaign on SaturdayJuly 11, 2015 with the goal of raising $30,000. “As busy professionals and the parents of three children, we know firsthand the frustration of finding yourself on the road without the baby supplies you thought were in the bag, said Tonika Myers, Co-Founder of Baggio. “We’re convinced our smart bag system will prevent parents from ever being caught in this situation again.”

“We believe Baggio is a strong investment opportunity. Its initial market consists of expectant mothers and mothers of young children, which according to recent census data, includes more than 24 million children under the age of five in the United States,” said Baggio Co-Founder, Cory Myers.

After Baggio’s successful launch in the “new mother” market with their Smart Diaper Bag, the team will explore other consumer markets based on preliminary research and interest from bag providers in the travel, fashion and education industries possibly looking at luggage, book bags and purses.

“I have worked with a lot of start-ups in my career and I am convinced the Baggio team has the skills and the product to be successful,” said Judy Harris, Chair of the Advisory Board at the Maryland Center for Entrepreneurship, where she also serves as an Entrepreneur in Residence. “We’re all excited about their Indiegogo launch and look forward to helping this dynamic couple build a successful brand and a business that will create good paying jobs.”

Razoo Profile

This profile is part of our crowdfunding site directory. If you have used the site and have comments you’d like to share with our readers, please share them below. If you are part of the company and see an error that needs correcting, please send us an email.

About Razoo:

Razoo is a crowdfunding platform for causes.  Razoo has empowered individuals, nonprofits, and communities to raise more than $220 million online, one donation at a time. Every registered US nonprofit is in the Razoo database and approximately 30,000 actually using the tools to fundraise. A market leader and pioneer in 24-hour Giving Days, Razoo has helped communities raise millions of dollars in a single day for the nonprofits in their communities.

Simply-Park, the First Intelligent Parking Reminder to Eliminate Tickets for Expired Meters, Now Available on Kickstarter for Crowdfunding

Universal Solution to Avoid Fees and Remember Parking Location

Copenhagen, Denmark – (July 2, 2015) – Just about everyone with a car has received the ticket on the front windshield after going a few minutes over the time limit shown on the parking meter. After receiving multiple tickets in a short period, Yao Dawei, an experienced project manager, developed a solution called Simply-Park that reminds users precisely where and when their car is parked and alerts them automatically before the meter expires to provide sufficient time to extend parking time.

image002

The Simply-Park solution consists of a Bluetooth 4.0 token and a smartphone app. Users install the app and place the token anywhere in the car for full functionality.

Available on Kickstarter, the Simply-Park project, from tech start-up Simpli-City, seeks $10,600 in funding by 8:40 a.m. EST on July 18, 2015. According to Simpli-City co-founder Dawei, “I created Simply-Park as a personal solution to remember where and when I parked my car and alert me to avoid receiving tickets. When my friends and others expressed a need for the same solution, I realized Simply-Park appeals to people around the world.”

When the funding goal is met by the July 18 deadline, development of the Simply-Park app will continue with the final iOS version available in early December, 2015 followed by the Android version. Funds will also be used for mass production of tokens. Early backers will receive different levels of rewards including early bird products, special pricing, customized Simply-Park tokens and logo T-shirts. The first 100 backers receive a token for $19 before the investment fee increases to $29 for individual tokens. Several other packages are available for different investment levels.

To learn more about Simply-Park visit the Kickstarter campaign page at https://www.kickstarter.com/projects/1115844018/simply-park-the-first-intelligent-parking-reminder or go http://www.simplypark.dk.

About Simpli-City

Simpli-City is a tech start-up based in Copenhagen, Denmark. Simpli-City is dedicated to providing intelligent solutions via “the Internet of Things” that bring the world more efficiency and less worries. The team of Simpli-City consists of innovative, young engineers and business executives with strong experiences and connections in the automotive software industry within the EU and China. Simply-Park is the first product of Simpli-City.

FundRazr Profile

This profile is part of our crowdfunding site directory. If you have used the site and have comments you’d like to share with our readers, please share them below. If you are part of the company and see an error that needs correcting, please send us an email.

About FundRazr:

FundRazr is a crowdfunding solution that pairs industry-leading technology and innovative social tools to help people raise money for causes that matter and make a difference in their world. Unlike other crowdfunding platforms, FundRazr enables fundraising for a variety of campaigns including personal causes, entrepreneurial projects and non-profit organizations. Based in Vancouver, Canada, so far FundRazr has helped raise over $67 million for more than 50,000 campaigns around the world.

Ride to Give Profile

This profile is part of our crowdfunding site directory. If you have used the site and have comments you’d like to share with our readers, please share them below. If you are part of the company and see an error that needs correcting, please send us an email.

About Ride to Give:

Ride to Give is a 501c3 (tax ID 46-2952297) non-profit charity that turns athletic ability into fundraising power for families with children who are disabled, injured, or ill. Based in Nyack NY, just outside of NYC, RTG was founded by Kaete Nazaroff and her husband, twelve-time Ironman Dave Nazaroff. In the summer of 2013 Dave completed the first annual “Ride to Give”  from Nyack to Atlanta (over 900 solo miles by bicycle) in 5 days to raise awareness and donations for the family of Tripp Halstead, a toddler who suffered a traumatic brain injury in the fall of 2012. Through crowd-funding, since March 2013 Ride to Give has raised over $1,200,000 for 63 families in states throughout the U.S. We raise funds for medical equipment, travel expenses, and out of pocket costs related to having a medically fragile child.

Realty Mogul Profile

This profile is part of our crowdfunding site directory. If you have used the site and have comments you’d like to share with our readers, please share them below. If you are part of the company and see an error that needs correcting, please send us an email.

About Realty Mogul:

Crowdfunding for real estate.

Never miss another interview! Join Devin here!
Subscribe to news from GoodCrowd.info.
* = required field
Content I want:



Find Us on

amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32