Startups fill out a comprehensive, but easy to understand application which allows the business to apply for funding. Based upon the application, your startup is first vetted by our internal team, given a rating by our analyst, and then placed on our platform for funding. It seems simple – and it really is.
Startups should be seeking $25,000 in capital or more on our platform. While we allow companies to raise less than this, we find the fees involved in doing so may be cost prohibitive to the startup. However you are able to raise as little as $10,000. The venture must be well prepared to present detailed information about the company so investors can make well informed decisions.
A major breakthrough for startups looking to raise capital. Investors are now able to pool their funds together via an online portal like SME to fund a company. This means you have an easier time obtaining the funds you need to grow your business.
We are a diverse array of ordinary and professional people who believe that access to startup investments should not be an exclusive right for wealthy investors. We realized that the greatest source of seed capital for startups and small businesses comes from ordinary people like ourselves.
A broker/dealer acts on behalf of both the investor and the entrepreneur ensuring that both parties receive the information that they need to have a successful investment relationship.
As of January 1, 2013, you can apply for funding by sending your business plan to us now. Or official launch is scheduled for Spring 2013.
Currently we do not accept non-profits, as our investors are seeking a return on their investment
(ROI). However, there is a new entity structure that Non-Profits may take advantage of called a B Corp. We do accept B Corps on our platform. As a Non Profit, you can find out about becoming a B Corp here. http://www.bcorporation.net/
SME offers both Debt and Equity to Investors.
We love flexibility. Our pricing model is tiered to give our startups and investors the greatest chance of success. Entrepreneurs have the option to pay a lower fee up front, or the traditional backend fee for each deal closed.
You can raise an unlimited amount of capital on our platform.
It applies to everyone who has the desire to invest in a seed-startup business.
Funding may take as little as one day or as much as three months (maximum allotted time). The time depends on a variety of factors including how attractive the business is to investors.
We are currently working with Congress on a Senate Bill that will allow foreign born entrepreneurs to raise funds through our crowdfunding platform.
The minimum investment is $100.
We offer two different investor subscriptions services that can be selected based upon the desired features and benefits.
After you invest your funds, your capital will be pooled with other funds until the startup has successfully raised the full amount of capital.
Yes, we intend to have non-US citizens invest in companies. However there are may be some additional requirements.