South Africa’s business growth has grown by leaps and bounds since the dawn of the democratic dispensation. This growth has been attributed to an enabling environment brought about by business friendly policies.The growth experienced in this sector has however brought a new wave of competition for funding opportunities in the market. One business finance platform working towards providing funding is StartMe.
Established in 2011, StartMe is a South African crowdfunding platform where entrepreneurs, artists, causes and others who want to raise money can create fundraising projects to tell their story and get the word out. StartMe is also a place to discover what people all over South Africa are passionate about and how to get involved.This platform allows people to bypassing the traditional ways of raising venture finance by attracting lots of investors who invest smaller amounts of money into a person, company, product or idea. StartMe can be used for business finance, small business funding, art funding, music funding, film funding, research funding, seed funding and online investing.
For those looking for funding, all you need to do is to create a project proposal which clearly indicates how much money you want to raise and how long you want to do it in, you also need to offer a few creative and attractive incentives which will convince investors to support your project attaching the rewards to specific investment amounts. For those who would like to fund a project, you simply visit StartMe website, go to discover projects to see whats happening, browse for projects that excite and inspire you, decide which investment appeals to you, look at the project details with regards to owner details and viability of the project, then you click on buy investments credits to purchase points. Once the project expires or reaches its funding goal, you will be contacted by the entrepreneur, artists or community project to receive your incentives.This platform also encourages you to invite your network of family and friends to do the same and invest.
This platform is truly bound to ease the frustrations of entrepreneurs in accessing funding and it will also provide an easy and secure avenue for those interested in investing in noble business ventures.This is a win win platform for entrepreneurs and investors alike.