Kyle
There’s an alarming statistic when it comes to unemployment in our country and that is the fact that veterans who have moved from military to civilian life are one of the highest groups that are unemployed. That’s one of the reasons that TechStars just concluded their Patriot bootcamp to help and inspire veterans with ideas for startups to get started on their plans.
Sprigster, is a startup we actually heard about first back in April. Sprigster is a crowdfunding startup where several people can come together (as with any crowdfunding model) and support a franchise or business project for veterans.
CEO Mark Mohler likens crowdfunding to “Barn Raising”, back in the day towns would rally around their neighbors if one of their neighbors lost a building or had some other need. The townspeople would have a fundraiser in a barn to give money to the community member. With crowdfunding this is all done online and meant to help our military neighbors.
Ideally the platform is meant for former military who are now civilians who would like to hire themselves as the owner of a franchise business. Mohler explains why franchising is a better model for this platform than traditional startups in the interview below.