ProHatch Launches Online Crowdfunding Incubator

 

Ten months ago, after the passage of the Jumpstart Our Jobs Act (Jobs Act) we saw a huge jump in the number of crowdfunding startups. The JOBSAct permits the early stage funding of startups through everyday people who don’t fit the requirements to be considered “accredited investors”.

Once the Securities and Exchange Commission finishes preparing regulations for online crowdfunding of businesses, friends, family members and even customers will be able to help fund a business in exchange for a small equity stake with no formal experience in venture capital or angel funding.

This form of investing takes its cue from already existing successful crowdfunding sites like KickStarter, and Indiegogo. The main difference now is that people are funding companies, ideas, projects and products through a donation platform that often leads to perks and rewards when donating at a certain level.

As crowdfunding for equity approaches reality ProHatch, an already existing crowdfunding company, is now offering an online crowdfunding incubator for all entrepreneurs to learn the ins and outs of what lies ahead to those considering crowdfunding as a method of raising funds for their business. The company offers an alternative method to small businesses and philanthropy organizations wanting to fund their projects and ideas by using the power of the crowd and their innovative Phase-to-RaiseTM donations & rewards-based crowdfunding process.

All entrepreneurs can NOW register for the program by visiting www.prohatch.com. Registration runs from February 20 – March 15. Moreover, ProHatch’s 2013 Online Incubator Program will broadcast in a three part series running Monday – March 18; Wednesday – March 20; and Friday – March 22 at 11am-12pm eastern.

The ProHatch team welcomes everyone who is interested in using crowdfunding as a means of capital formation to participate in our Online Crowdfunding Incubator Program called Coffee & The Crowd,” said Liz Kulik, Co-Founder of ProHatch. “Entrepreneurs will be able to join us for three information packed hours over three days, and get a wealth of expertise and insights from business and crowdfunding leaders, as well as learn if donation, reward or equity based crowdfunding is right for their business.”

The Online Crowdfunding Incubator Program for ALL entrepreneurs includes:

• A Free Training/Educational Series called “Coffee & The Crowd” – an online webinar training program series that gives participants and opportunity to enjoy a free cup of Starbucks coffee, compliments of ProHatch, while being educated on the latest information about crowdfunding and business preparation by both ProHatch and industry experts. The training courses will take place over the course of one week, with three one-hour webinars on Monday March 18, Wednesday March 20, and Friday March 22, all at 11am ET (US). Topics will include Crowdfunding 101 & The JOBS Act, How to Enhance Your Projects, How To Prepare Your Business, and Using Social Media To Build Your Crowd.

In addition, from all those who participate in the Online Crowdfunding Incubator Program, ProHatch will select 50 entrepreneurs who have chosen ProHatch as their crowdfunding platform, to earn a scholarship for participation in an extended Incubation Program that will run concurrently with their ProHatch Crowdfunding Campaign. As part of the extended Incubation Program, ProHatch will deliver an array of Advisory Services including additional training opportunities, free access to a social media and publicity platform, and several hours of free business consultation.

For more information or to register click here.