New crowdfunding platform combining investment with mentoring announced

Jason Graf - Crowdit

Jason Graf – Crowdit

CrowdIt to go beyond just financing to help support and develop start-ups
New crowdfunding start-up CrowdIt, launching on June 4, will merge funding with an online business incubation platform.

Founded by Jason Graf, Paul Freeman and Markus Pope, the site claims it will surpass just financing, incorporating advice from experts, peer review, collaboration and networking in its aim to nurture and support business ideas and entrepreneurs.

Based in Missouri, US, the platform will accept international pledges and provide different forms of funding for businesses to choose from, including full or partial goals, donation or incentives and rewards.

There will be a 5% fee for all crowdfunding projects that reach their target goal and a 10% fee for those that don’t reach their goal but want to keep all money raised.

The platform aims to facilitate relationships between ‘dreamers’; those looking for funding, ‘believers’; investors and ‘suits’; business experts and professional mentors that will provide free advice and guidance.

Its innovative approach is the start of the ‘next generation’ of crowdfunding, according to the CrowdIt team.

The launch will challenge other rival competitors in the crowdfunding industry such as Crowdcube, Crowdfunder and Indiegogogo.

Graf commented:

“Our vision for crowdfunding is about helping people achieve their dreams – be it starting a new business, developing a new invention or creating a technology start-up – and leveraging the power of the crowd beyond just the funding event.

“We think the business networking possibilities alone can transform crowdfunding into a true economic engine that is ready to jumpstart new enterprises of all kinds.”

Prior to the launch next week, CrowdIt are running a competition offering an additional $10,000 to the most funded project when the site goes live.

If you want to find out more about crowdfunding and how it works then visit our dedicated crowdfunding channel.
Source: startups – by Megan Dunsby


AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comInvestors who make bets under the state's one-year-old crowdfunding law certainly have the potential to get in on the ground floor, but they must be patient and might not receive any returns. Th [...]

BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

WTTV CBS4IndyCrowdfunding effort to save Dorothy's iconic ruby red slippers from 'Wizard of Oz' raises $300000WTTV CBS4IndyThe Smithsonian has launched a campaign on Kickstarter aimed at raising $300,000 to preserve the ruby red slippers worn by Judy Garland in the belo [...]

Crowdfund InsiderMassive Rule 147 Amendments May Be On The Horizon Impacting ...Crowdfund InsiderAlmost a year ago, the SEC proposed certain amendments to the current Rule 147 which were intended to help foster, and increase the viability of, Intrastat.and more » [...]

Mountain XpressFaces in the crowd: WNC crowdfunding initatives | Mountain XpressMountain XpressEach week, Xpress highlights notable WNC crowdsourcing initiatives that may inspire readers to become new faces in the crowd. This week features a feature ...and more » [...]

MarketWatchWhy a crowdfunding site is giving out $10000 scholarshipsMarketWatchCrowdfunding site GoFundMe announced Thursday that it will award $10,000 to 10 students with pages on their site that fundraise for education. The award is part of a contest the site held throughout Septemb [...]

Android Authority (blog)Crowdfunding project of the week: Remix IO is an Android 4K set-top ...Android Authority (blog)The 'Crowdfunding project of the week' series is where we highlight some of the hottest campaigns from sites like Kickstarter and Indiegogo. There's pl [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

WestwordProgressive-Rock Band Marillion Pioneered CrowdfundingWestwordThat was the beginning of crowdfunding for us — and for every band, really.” When it came time for the recording and release of the followup to the 1999 record, Kelly and the band realized that one of [...]

BBC NewsNHS trust 'relies' on crowdfunding to equip wardBBC NewsAn NHS trust has launched a crowdfunding appeal to buy equipment for a new hospital unit because "it cannot get started without donations". The Royal National Orthopaedic Hospital (RNOH) in Stanmore, n [...]

CFB Finance

Press Release

CrowdFund Beat News

Hello @CrowdFundBeat's 17330 followers - thank you so much for following! Wishing you all a happy Monday! >>

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |