Young Startup makes crowdfunding standard option in business development process
Entrepreneurial network Young Startup involves several crowdfunding platforms in network
26 SEPTEMBER 2013, ROTTERDAM, NETHERLANDS
SummaryThe entrepreneurial network for startups Young Startup, announces her partnership with investment platform Symbid, where investors can buy shares in SME companies. The announcement follows a strategical decision to incorporate financing via crowdfunding as a standard option among the services the Young Startup network offers. Symbid is the most succesfull investment platform in The Netherlands dat since 2011 has financed 23 pitches of in total almost two million euros.
Supporting and coaching institutes aimed at developing starting companies, notice the funding process for startups is difficult. Often several investors are lined up or prize money is awarded for the best entrepreneur in an attempt to provide seed or growth capital. Young Startup has arranged several partnerships with crowdfunding platforms in orde to make funding a standard part of her services that are being offered via their network. The latest collaboration is investment platform Symbid, where investors can buy shares in SM companies.
Over 300.000 visitors have shown an interest in investment opportunities via investment platform Symbid. On the Symbid platform, Young Startup has developed a so called “Group”: a part of the platform that can be arranged according to their needs. All Young Startup entrepreneurs interested in raising funding via Symbid can post their pitch in this special Group. This way, the entrepreneur remains active in the Young Startup network and does not have to leave the network in orde to attract capital.
Thomas van der Kleij, Business Developer at Young Startup, explains why the cooperation is an improvement for both parties: “Young Startup does everything to make her members more successful. Symbid not only offers a large network of investors, but also a solid infrastructure to manage crowdfunding projects. This way, we can offer added value to our members”.
Korstiaan Zandvliet, CEO of Symbid, adds: “Symbid aims to offer more than just capital. Entrepreneurs are often looking for knowledge and a network, something that Young Startup has to offer. Investors search for validated entrepreneurs that can create value in the startup. Young Startup can deliver those entrepreneurs. Being active in the Young Startup network counts as a qualification for a lot of investors”.
Young Startup collaborates with multiple platforms and helps entrepreneurs with producing pitch videos, publications on the blog, marketing, newsletter publications and make-over days for entrepreneurs. Symbid is currently the only one to offer Young Startup a part on the platform where investors can only invest in Young Startup entrepreneurs.
"Symbid not only offers a large network of investors, but also a solid infrastructure to manage crowdfunding projects. " Thomas van der Kleij
"Being active in the Young Startup network counts as a qualification for a lot of investors" Korstiaan Zandvliet
Frans GunninkPartner - Sharpe Financial Communications. firstname.lastname@example.org
Founded in April 2011 as one of the first investment crowdfunding platforms worldwide, Symbid is The Funding Network™, where companies get funded and grow. As a leading online funding portal for small- and medium-sized enterprises, Symbid gives entrepreneurs direct access to traditional and alternative forms of finance, while offering investors full transparency on the potential risks and returns of their portfolio. Advanced investing, monitoring and data tools ensure companies connecting to The Funding Network™ are financed in the most efficient way possible. Built around cutting-edge technology and expert financial advice, The Funding Network™ by Symbid is the go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of March 2015, Symbid (www.symbid.com) has successfully funded 70 small businesses for a total capital sum of $7.5 million. With over 40 funding partners already connected – including banks, venture capital, angel investors and 30,000 private (crowdfunding) investors – the total transaction volume of The Funding Network™ in 2015 is estimated at $800 million. Symbid Corp. is a U.S. publicly listed company (OTCQB:SBID). For investor relations, please visit www.symbidcorp.com.