After receiving an email and reading the press release regarding JumpStartFund, we couldn’t help to but to get excited and post something immediately. This new entrant in to the Equity Crowdfunding industry has the potential to become a major player in the marketplace. With an experienced leadership team, a sharp looking website and some game changing ideas in hand. We will be closely watching in the coming months and years of growth in Equity Crowdfunding.
1. JumpStartFund wants to disrupt the way companies are created by asking its community members to vote, comment, refine and impact ideas and patents in development – from conception to funding.
2. JumpStartFund features an interactive social network that allows members to easily find the perfect co-founder for their startup, and find, follow and network with investors and other members.
3. JumpStartFund gives accredited investors access to exclusive dealflow and technology transfer opportunities.
4. Why JumpStartFund? What problems does it solve?
a) Most people have business ideas during their lifetimes, but only a few make it happen
b) U.S. research labs and universities create vast portfolios of technologies, spending approx $35 Billion/year, but most are gathering dust on shelves
c) 46% of startups fail for lack of experience and market insight
d) Startups and inventors lack the resources to get their ideas off the ground
d) It is an extremely difficult process for startups to access available technologies from federal research labs and universities.
e) Early-stage CEOs spend an enormous amount of time fundraising
5. JumpStartFund key differentiators:
a. Ideas and Patents: JumpStartFund will solicit new business ideas and patents from individuals, federal research labs, universities and other R&D organizations across the nation.
b. Power of the Crowd: JumpStartFund will use the power of the crowd to vote, comment, refine and impact ideas in development – we want to disrupt how companies are created!
c. Co-Founder’s Pledge: Our rewards based crowdfunding section gives inventors, designers and developers the possibility to share intellectual property (for example: production drawings or source codes)
d. Member Monetization Potential: members are rewarded with Advisory Points that equal a commission on the company’s revenue for the first year.
e. Pre-Crowdfund: members can pre-crowdfund with a “private view” campaign page by sending out a link to friends and family to generate interest prior to launch.
Additional Notes:
First, JumpStartFund wants to disrupt the way companies are created by asking its community members to vote, comment, refine and impact ideas and patents in development – from conception to funding.
Second, JumpStartFund features an interactive social network that allows members to easily find the perfect co-founder for their startup, and find, follow and network with investors and other members.
Third, the platform’s rewards-based crowdfunding section gives inventors, designers and developers the possibility to share intellectual property (for example: production drawings or source codes). They call it the Co-Founder’s Pledge.
Get over to and see if you agree, I’m sure you’ll agree that this is one to watch
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