NextGen Announces Crowdfunding Video Awards to Recognize The Best Crowdfunding Campaign Videos | Business Wire

LOS ANGELES–(BUSINESS WIRE)–NextGen Crowdfunding, the leading company that helps people explore new types of crowdfunding, announces the Crowdfunding Video Awards (CVAs). This new series of online awards programs will showcase the best videos from both rewards-based crowdfunding campaigns featured on Indiegogo, Kickstarter and other platforms, and equity crowdfunding campaigns. This contest celebrates and encourages the spirit of startups, entrepreneurship, and pursuing the dream of creating and owning a business.

“Founders throughout the world are leveraging crowdfunding as a way to pursue their passions and chase their dreams, and we want to help shine a light on their efforts.”

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The CVAs will provide entrepreneurs with new ways to promote their crowdfunding campaigns and products to backers and potential investors. The first season will debut in January 2017 with online pilot programming, as well as continuing programming through April 2017. The season will include five preliminary awards shows, and will culminate in a sixth and final seasonal awards show.nextgen-crowdfunding

Source: NextGen Announces Crowdfunding Video Awards to Recognize The Best Crowdfunding Campaign Videos | Business Wire

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SportsEngine/NBC Sports acquires RallyMe

 

SportsEngine/NBC Sports acquires RallyMe
 

SportsEngine announced today that it has acquired RallyMe, the No. 1 platform for online sports fundraising. SportsEngine, an NBC Sports Group company, is the leading provider of Sport Life Management web software and mobile applications for youth, amateur, and professional sports.

“As costs for youth sports participation continue to rise, the need to fundraise has never been more critical,” said Bill Kerig, RallyMe Founder and CEO. “RallyMe has helped thousands of athletes, teams, and organizations raise millions. Now, by joining SportsEngine and the NBC Sports Group, we look forward to expanding our reach to help millions of hard-working athletes fund their dreams.”

SportsEngine’s acquisition rounds out the company’s whole-product solution for youth and amateur sports.

“RallyMe is the perfect fit for SportsEngine and the athletes, teams and organizations we’re serving,” said Justin Kaufenberg, co-founder and CEO at SportsEngine. “We believe that participation in sports changes lives by teaching us priceless lessons in character, commitment, leadership and discipline.”

Kerig, along with RallyMe president Whitney Childers, will continue to lead RallyMe from its Salt Lake City headquarters.

“By joining SportsEngine/NBC Sports, we will have marketing and staffing resources to increase our level of service for athletes and organizations,” said Childers. “Our goal is to ensure that no athlete ever has to quit playing their sport because of lack of funds.”

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About SportsEngine
Helping the world play smarter and live more, SportsEngine is the leading provider of Sport Life Management web software and mobile applications for youth, amateur, and professional sports. Powering more than 500,000 sports teams, leagues, clubs, and associations, SportsEngine features a complete suite of easy-to-use tools that help sports organizations manage, connect, and communicate with a diverse range of stakeholders. Founded in 2008, SportsEngine is based in Minneapolis, Minn. For more information, visit www.sportsengine.com; like the company on Facebook at Facebook.com/nbcsportsengine; or follow SportsEngine on Twitter at@nbcsportsengine.

About RallyMe
RallyMe is the No. 1 online sports fundraising platform. RallyMe has partnered with over 35 sports National Governing Bodies and top sports organizations across the globe to help athletes, teams and organizations raise the funds they need to train and compete. Thousands have raised millions on RallyMe. The platform is safe, secure and provides sophisticated tools and templates to help athletes and organizations raise funds through their personal and social media networks. CNBC called RallyMe the “Gold medal standard” for athlete crowdfunding. Learn more at http://rallyme.com.

Media Contact:
Jim Dahline
SportsEngine, Director of Communications
press@sportsengine.com

Whitney Childers
RallyMe, Director of Operations
support@rallyme.com

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Crowdfunding VC: Nin Desai Focuses on Investing in Tech – Crowdfund Insider

After years of working for firms like Merrill Lynch and Pacific Crest, Nin Desai decided to launch her own venture Nin.VC. Seeing opportunity in the JOBS Act of 2012 that legalized various iterations of crowdfunding, Nin launched a VC-hybrid firm that allows accredited investors access investment opportunities typically not available to just anyone. Based in Chicago, Nin.VC now has an office in San Francisco to be closer to the vibrant tech startup scene.

Continue Reading: Crowdfunding VC: Nin Desai Focuses on Investing in Tech – Crowdfund Insider

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The Ultimate Fundraising Course

  If you are planning to raise capital for your business, you will need all the help you can get. The fundraising game is tough!   Only 10% of founders successfully fundraise Over 65% of …

Source: The Ultimate Fundraising Course

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Own Part of Red Mountain for $1,000 | POWDER

Jason Davies always dreamed of owning a ski hill. But as a small business owner the investment was always out of reach, until August 23 when BC’s Red Mountain Resort launched the first equity crowdfunding campaign (also called crowd investing) in ski industry history. Now Davies, and you too, can own a piece of a ski hill for as little at $1,000—or less than a high-end pair of planks.

“This is an opportunity for me to live my dream at an entry level,” says Davies. “The best part is, I love Red.”

The crowdfunding campaign was launched just two week after the biggest ski resort conglomerate, Vail Resorts, gobbled up the biggest resort, Whistler Blackcomb. The $1.4 billion deal is part of a consolidation trend in the industry. Red’s campaign notes that nearly 40 resorts are owned by three companies and about 75 percent of those acquisitions happened in the last 14 years. Howard Katkov, the owner of Red, thinks crowdfunding may be a way for independent resorts to resist the homogenization of skiing and continue to improve while retaining independence from big shareholders and institutions.

“Independent ski areas are an endangered species, but they’re super important to the ski industry,” says Katkov. “They’re the soul of skiing. If you suck the soul out of the industry you lose a big part of what makes skiing special.”
Read more at http://www.powder.com/stories/news/become-an-owner-at-red-mountain-for-1000/#vH8Edi4ltJ28FVzf.99

British Columbia’s Red Mountain Resort launches a crowdfunding campaign to support growth and maintain independence.

Source: Own Part of Red Mountain for $1,000 | POWDER

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The CNBC Crowdfinance 50 Index

To get a pulse reading on the emerging equity crowdfunding market, take a look at the CNBC Crowdfinance Index. It is the daily average index of the 50 largest capital commitments by private U.S. companies listed on Crowdnetic’s data platform, which collates real-time offerings from 18 securities-based crowdfunding sites: Alchemy Global, AngelList, Crowdfunder, CrowdStreet, EarlyShares, EquityNet, MicroVentures, Onevest, OurCrowd, Patch of Land, Prodigy Network, RealCrowd, RealPartner, Realty Mogul, DarcMatter, SeedInvest and WeFunder. Companies represented on the index are operating companies raising money, not equity funds. They represent eight sectors: commerce and industry; consumer goods; energy; finance; health care; materials; services and technology.

See the list: The CNBC Crowdfinance 50 Index

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New Condom Shatters Huge Crowdfunding Goal

What would a condom that successfully imparted “a new feeling of intimacy and comfort never felt in condoms before” be worth? Seven figures, apparently. The Swedish company LELO, which has enjoyed a pleasurable ride selling millions of award-winning sex toys worldwide, recently announced that it has managed to raise more than $1 million from 30,000 backers for its HEX condom. The money poured in via its Indiegogo crowdfunding campaign and website, for what it’s calling “the first major condom innovation in 70 years.” The HEX has been eight years in the making, with the goal being to address three key complaints users (or non-users, in many dissatisfied cases) have: discomfort, slippage, and breakage. One of HEX’s differentiators is visible: a honeycomb lattice pattern. Inspired by graphene’s “hexagonal molecular structure,” LELO incorporated such a structure into the HEX, which it says is less likely to slip or tear and “maximize[s] sensitivity.” And if it does tear, Melia Robinson writes for Business Insider that puncture is contained within the affected cell. She watched LELO founder Filip Sedic try and fail to break a HEX with his fingernails and a pen. One writer for Bustle gave the condom, which starts at $19.90 for a 12-pack, a go with her partner and found it easy to open; easy to tell up from down; incredibly stretchy; both super thin and strong; and pleasingly transparent. Her man called it the “strongest” orgasm he’s ever had wearing a condom. (HEX has a celebrity spokesman.)

Source: New Condom Shatters Huge Crowdfunding Goal

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