Last week,
the National Association for the Self-Employed (NASE), the nation’s leading resource for the self-employed and micro-businesses, and the
Small Business & Entrepreneurship Council (SBE Council), an advocacy and research organization for entrepreneurs, partnered with
Fundable, a crowdfunding platform partner focused exclusively on startup companies,
to launch a contest helping startups and existing business fundraise to start or grow their company.
Crowdfunding a new, proven (and sound) fundraising phenomenon that is coming on strong: it’s a collective effort of individuals and entities that pool their money through a variety of ways, usually through the Internet, to support a variety of businesses, non-profit causes, etc. Even celebrities are using it to raise money for their social endeavors. Our contest is focused on giving new and existing small business owners a jumpstart on getting their business off the ground.
Participants will use the
Fundable platform to create their company fundraising page. After the application period, a review committee will select
ten companies to participate in the fundraising contest. The finalist companies will be responsible for further enhancing their profile on Fundable and communicating their goals to their networks to garner support and funding for their businesses. The first company that is able to successfully reach their fundraising goal will win and additional $10,000 financial award provided by sponsors of the contest.
Our goal is to showcase how promising crowdfunding is as a method to raise capital for startups and growing small businesses – and help a few new or growing business owners out along the way! We hope that our contest will spotlight opportunities to raise capital, but also show how difficult it is for small businesses to get the funding they need to live their entrepreneurial life.
Do you have what it takes to expand or start your own business? If so,
enter our contest!