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

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Monthly Archives: February 2018

RedCrow Announces Partnership with World Class Healthcare Incubator Innovation Institute

Connecting Healthcare Startups with Equity Crowdfunding via The Institute’s Expansive network

Press Release – San Francisco, CA – February 6, 2018: RedCrow Inc., an equity crowdfunding platform with a unique focus on well-curated opportunities within the healthcare industry, has announced a partnership with The Innovation Institute Inc., one of the foremost incubators for growing healthcare startups. For their part, The Innovation Institute will promote qualified companies within the sector for RedCrow consideration. The partnership will give start;ups exposure to crowdsourcing and equity crowdfunding with direct access to RedCrow’s professional pool of investors.

Co-founded by financier and consultant turned;entrepreneur Brian Smith and Talking Heads rockstar/techvestor Jerry Harrison in November 2016, RedCrow’s mission is to help privately held, early stage startups connect with backers to expand their business.

According to Brian Smith, RedCrow CEO, RedCrow will create a customized social platform for The Innovation Institute’s 200,000 members, giving users the opportunity to join RedCrow’s social discussion, share ongoing campaigns, and discuss investment opportunities with other professionals in the field. Exercising a higher level of due diligence than competitors, RedCrow allows the public to invest alongside prominent industry experts who serve as RedCrow advisors and strategic investment partners.

“Our mantra is knowledge is power — invest in what you know. Our niche in healthcare is focused on bringing knowledgeable investors to make educated investments in companies within their vertical. The Innovation Institute’s 200k plus members are just that: knowledgeable healthcare professionals and ‘Doctorpreneurs’ who can advise earlystage companies.” — Brian Smith, CEO RedCrow

“The relationship with RedCrow fits nicely with the strategic purpose of our business model to advance innovation. RedCrow will allow us to help new start-up ventures get needed capital to stand up and grow their companies and bring new products and services to market. This crowdfunding platform fits well with our new LRVHealth Fund which will focus on early stage ventures. There are definite synergies between the two organizations and together they will meet a need in the market and provide additional capability to advance innovation.” — Joe Randolph, President and CEO, The Innovation Institute

“Since our launch, we have already interacted with nearly a dozen earlystage companies that have been created by extremely talented medical professionals across our 125 member system hospitals. Our partnership with RedCrow will provide these companies with the post-seed funding needed to get to the next level, as well as provide individuals in the healthcare ecosystem an exciting opportunity to invest in their peers.” — Larry Stofko, Executive Vice President of The Innovation Lab Inc.

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Women Entrepreneurs Can Fund Their Dreams Without Striking a Devil’s Bargain

Dive into secrets of fundraising with business attorney and finance innovator Jenny Kassan

Press Release – OAKLAND, CA, January 31, 2018 — Jenny Kassan offers entrepreneurs a powerful fundraising formula that actually works. As a business attorney, certified transformational coach, social entrepreneur, and finance innovator, Kassan has forged a groundbreaking approach in which capital and mission align. The method is a boon for women entrepreneurs, helping them raise the capital they need, without compromising on vision or values. Kassan is the author of Raise Capital on Your Own Terms: How to Fund Your Business without Selling Your Soul.

On March 8-10 in Oakland, CA, Jenny will host her signature three-day event for women entrepreneurs, Fund and Fuel Your Dreams. This immersive hands-on training reveals the secrets to successful financing. Kassan will lead participants through the key strategies, covering each critical point in the funding journey — from setting expectations to crafting a winning pitch, from finding mission-aligned investors to understanding the laws and regulations that govern funding.

Kassan’s powerful trainings are an eye-opener for women entrepreneurs, starting with one key tip: you don’t need to self-fund your dreams — and you shouldn’t. As Kassan’s positive and practical method reveals, the landscape of investment capital is far more varied than many entrepreneurs assume. There are more kinds of investors out there than ever, with a wide range of motivations and interests. “Given this diversity,” Kassan says, “there are likely investors out there who are perfect for you. It’s a matter of knowing how to navigate the road map to find them and realizing that you can and should dream big.”

Women entrepreneurs are in an ideal position right now — to lean in and win the funding they need to create the impact they were destined to make. Women’s entrepreneurship has never been more important than it is now. Join Jenny Kassan for this three-day event, and learn how to fund and fuel your dreams.

About Jenny Kassan

Jenny Kassan believes entrepreneurs are heroes. She wants to help as many of them as possible to turn their big, bold, world-changing visions into reality. She has been an attorney for social enterprises for 23 years, and is a certified transformational coach, social entrepreneur, investor, and finance innovator. Her formula for mission-aligned capital raising has helped diverse entrepreneurs raise millions of dollars on their own terms. In addition to running her own firm, she is president of Community Ventures, a nonprofit dedicated to promoting the economic and social development of communities.

Her new book is Raise Capital on Your Own Terms: How to Fund Your Business without Selling Your Soul, a savvy primer on how to find the right investors to fund your dreams. The book breaks down the secrets to successful funding and lays out the six strategies every entrepreneur needs to know to create a capital-raising plan that inspires and excites them, and is in complete agreement with their business goals and personal values.

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Compassion International Launches Appeal to Fund Heart Surgery for Child in Ghana


Press Release – COLORADO SPRINGS, Colo. – January 31, 2018 – Compassion International today launched its first ever GoFundMe campaign to help save the life of 6-year-old Mary (not her real name) in Ghana suffering from a rare heart condition – Patent Ductus Arteriosus, Ventricular Septal Defect (VCD) and Sub-aortic Membrane. The global child development ministry seeks to raise $15,000 toward its major medical fund that will help fund the girl’s open heart surgery.

Doctors discovered a hole in Mary’s heart when she was 6 months of age. Her parents live in extreme poverty and could not afford the necessary bi-monthly visits for care. Mary has been on medication to manage her condition that continues to wreak havoc on her overall health and quality of life. She suffers from difficulty breathing and a loss of appetite, frequently becomes ill and has lost considerable weight since she was 3 years old. Children with heart defects like Mary, who also live in poverty, are extremely vulnerable and at risk for an early death.

“She was constantly losing weight, running a very high body temperature regularly, coughing seriously and profusely sweating all the time, and she had a lot of boils,” said Mary’s mother, Susana, of her daughter as an infant.

In May, Mary was registered into Compassion’s Child Development program. She immediately began receiving additional support from Compassion for her medical needs. But surgery costs to repair Mary’s heart are more than her family will likely earn in a lifetime. Mary will be Compassion’s first beneficiary using the crowdfunding platform. Her family remains hopeful that Mary will soon be healed and able to enjoy a long, healthy and active life.

Compassion is seeking donations to cover the cost of Mary’s surgery at GoFundMe. Last year, contributions to Compassion’s major medical fund totaled more than $300,000, which provided over 40 life-saving medical procedures for children in poverty. In addition, more than $4 million was given to ongoing medical care that meets smaller routine medical needs of Compassion beneficiaries.

“It is my prayer that [Mary] will be healed of her ailment so that she will live and exhibit all her potentials for all to see the glory of God in her life,” Susana said.

About Compassion International

Founded in 1952, Compassion International is a Christian child development organization that works to release children from poverty in Jesus’ name. Compassion revolutionized the fight against global poverty by working exclusively with the Church to lift children out of spiritual, economic, social and physical poverty. Compassion partners with more than 6,700 churches in 25 countries to deliver its holistic child development program to over 1.8 million babies, children and young adults. It is the only child sponsorship program to be validated through independent, empirical research. For more, visit

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