News Column

Crowd Funding Incubator Launched in Boulder

March 29, 2012
Finance

With passage of the "crowd funding" JOBS Act allowing individuals to make small investments in new businesses, one of the first stock exchanges is forming in Boulder, Colo., that will start by providing funding and incubation for growing companies.

SSX: The Story Stock Exchange is taking positions in the most promising new ideas to create a portfolio of listed projects -- those too small for venture capital or bank financing, but with tremendous potential for average investors and job generation.

In exchange for future equity participation in its portfolio projects, the SSX team provides custom programs and service combinations which may include seed funding; business and capital formation; management and sales counsel; investor relations and digital marketing services.

The incubation process will lead to the development of an equity pool of "story stocks." This qualitative mutual fund approach is designed to work in concert with today's Internet-based crowd funding platforms such as FundingLaunchpad.com and Kickstarter.com that enable fluid, high-quantity individual investments to be placed directly within a large patchwork of capital-hungry businesses.



Source: HispanicBusiness Copyright 2012


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