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Finalists Announced in National Small Business Crowdfunding Contest

Thursday, August 22, 2013

FOR IMMEDIATE RELEASE

CONTACT:

NASE: Kristofer Eisenla, Luna Eisenla Media

kristofer@eisenlamedia.com | 202-670-5747 (mobile)

SBE Council: Savannah Bentley

sbentley@sbecouncil.org | 703-242-5840

FUNDABLE: Laura Moller, Media Relations Coordinator

lmoller@fundable.com | 614-364-4523 ext. 4523 (office)

Finalists Announced in National Small Business Crowdfunding Contest

 Businesses Selected to Compete for $10,000 to Start and Grow Their Own Small Business

WASHINGTON, DC – The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, and the Small Business & Entrepreneurship Council (SBE Council), an advocacy and research organization for entrepreneurs, and Fundable, a crowdfunding platform partner focused exclusively on startup companies, announced today the finalists of their national crowdfunding contest: A diverse and unique group of finalist companies, with varying funding needs, committed to starting and growing their own small business. The national contest is committed to supporting America’s small business community in their goal of raising and securing capital through the powerful platform of crowdfunding.

The finalist companies will have 30 days to meet their individual fundraising goal through the Fundable platform. The first company to reach their goal will receive an additional $10,000 in funds from the contest sponsors to support the growth of their small business.  The contest will begin on Wednesday, August 21, 2013 and continue through September 20, 2013.

The contest sponsors jointly stated:

We are thrilled to offer this opportunity for these finalist businesses to raise capital through crowdfunding while providing additional cash prize of $10,000 to the business that reaches their fundraising goal first.  Crowdfunding is not only a creative, but also a practical way for a small business to grow. Crowdfunding unlocks new streams of capital, and allows determined small business owners the opportunity to live their entrepreneurial dreams,” said Karen Kerrigan of SBE Council, Katie Vlietstra of NASE, and Eric Corsi of Fundable.

Meet the Crowdfunding Finalists

The Cookie Bar

The Cookie Bar, Las Vegas, NV, specializes in alcohol infused and non-alcoholic cookies and treats.  The funds will go to obtaining a small storefront.

Christy Lane Enterprises

Christy Lane Enterprises, Palm Springs, CA, mission is to promote wellness and fitness through dance with an emphasis on decreasing child obesity. The funds would be used to expand the school Dare to Dance Program, including the community spirit Dare to Dance Fest event.

Ella Grace Designs

An online boutique, in Wolfeboro, NH, specializing in handcrafted 100% cotton accessories in vibrant, sophisticated colors, and patterns.  Funds raised would be used to grow their inventory in order to sell in boutiques and department stores. 

Faithful Athletics

Faithful Athletics, Altamonte Springs, FL, focuses on the untapped market of athletic wear and accessories that target those of faith. Funds will be used to purchase inventory to start selling their branded products to the marketplace.

Global Cancer Diagnostics

Global Cancer Diagnostics Inc., Tempe, AZ, is a medical laboratory established to confidentially diagnose lung cancer at its earliest stages with their new test.  Funds will go to lab supplies, marketing and public relations with Veterans' groups concerning smoking cessation.

Indy Nut House

Indy Nut House, Indianapolis, IN, is the fresh rehab experience offering materials, tools and inspiration to assist homeowners, rehabbers and renters in the process of renovating homes to enhance each neighborhood in its revitalization efforts. Nuts blends the quality and selection of big box stores with value and product mix based on rehabbers needs.  

Kasten Automotive

Funds will be used to establish Kasten Automotive, in Perryville, MO, a transmission repair shop in a rural area that currently is underserved and establish an auto-tech class through the local career center.

LocalLux

LocalLux, Chicago, IL, is a hyper-local subscription marketplace for micro/small businesses. We offer "Experience Kits" tailored towards the everyday savvy shopper who wants to save time and money.  Funds would be used for web and mobile development, marketing & branding, and operations.

Taggabox

An Atlanta, GA, based eco-friendly, rental moving box company, Taggabox, provides green plastic boxes for your office, commercial, business, college and residential move.  Funds would be used to build inventory and infrastructure. 

The finalists will compete for funds during the contest period, beginning on Wednesday, August 21, 2013 and continuing through to September 20, 2013. The contest winner will be announced on September 23, 2013.

To learn more about the contest, please visit:  http://www.fundable.com/contest. Follow the contest, and its participants and supporters on Twitter at #ryoufundable.

# # #

The National Association for the Self-Employed (NASE) is the nation's leading resource for the self-employed and micro-businesses, bringing a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy. The NASE Small Business Locator helps identify and connect our nation’s smallest businesses. The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org

SBE Council is a 100,000 member nonprofit, nonpartisan advocacy, research and training organization dedicated to protecting small business and promoting entrepreneurship. For more information please visit www.sbecouncil.org.

Fundable is a crowdfunding platform for startup businesses, offering both rewards and equity funding options. Founded by veteran entrepreneurs, Fundable seeks to empower startups across the country by providing access to early stage growth capital.

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