Thanks to a partnership between Venturefest East Midlands and Crowdfunder – Venturefest East Midlands has launched an exclusive crowdfunding competition for East Midlands based small and medium-sized businesses, with a prize of up to £5,000 in match funding for new and inventive business ideas.
Businesses who have signed up to attend Venturefest will be invited to add a project onto Crowdfunder and automatically entered into a tailored Venturefest East Midlands competition to raise the most funds and support via crowdfunding.
Submitted projects will go live on April 1 (2015). The winner with the most pledges by the date of the event – April 14 – will have half of their pledge total matched by Venturefest East Midlands, up to the maximum prize fund of £5,000.
Graeme Roy, Head of Local Innovation at Crowdfunder Local, said: “By launching a project on Crowdfunder, and becoming eligible to win the match funding from the prize pot, the live projects will be promoting their businesses to a wide audience, honing their marketing skills and getting their name heard throughout the area.”
David Ralph, D2N2 Chief Executive – who will be a key member of a panel discussing national and regional innovation strategies at Venturefest East Midlands – added: “Venturefest East Midlands is providing a great platform to showcase new business ideas and, by working with Crowdfunder, we are able to provide a unique and innovative opportunity for East Midlands-based businesses to generate funds, develop, innovate and grow.”
Venturefest East Midlands is a free to attend event. Attendees will be given the opportunity to network, enhance their skills and grow their business.