Seedups Offers Startups A Chance to Raise $250k with a $5k Head Start

Seedups, the crowdfunding platform for start-ups that launched in Europe February, is celebrating going live in America by giving $5,000 to one lucky entrepreneur.

Seedups is a crowdfunding initiative born out of the need to bring investors and start-ups together via a social investment platform and to speed up the investment cycle.

To win the $5,000 entrepreneurs have to make a 60 second pitch to be videoed and hosted on the seedups.com website.The pitch with the most votes will win the money.  The competition will run until 1st May, and is open to startups from anywhere in the US, UK and Ireland.

The competition marks the exciting beginning for the company in the USA, with a launch at SXSW Interactive being quickly followed by opening the first American office in Silicon Valley.

After months of preparation and following the set up of an office in Silicon Valley, we’re really looking forward to working with tech start-ups in the US. We’re also ecstatic at being part of what is a strong team of delegates from Northern Ireland who are supported by Invest NI at SXSW, showcasing the strength of doing business in the area.
Michael Faulkner – Founder Seedups

Entrepreneurs in the start- up phase can pitch to a growing pool of tech savvy investors and self manage the funding process with tools on the platform. Seedups aims to plug the funding gap for early stage start-up companies raising up to $250k.

Seedups crowdfunding works on the concept of “fair value” for both start-ups and investors. This allows entrepreneurs the chance to hold on to more control of their business, while allows investors the chance to diversify their portfolio. This financing model is beginning to take a hold in many countries around the world, and has been used quite successfully in funding creative and community projects. With Seedups disruptive technology, it is now available to business start-ups in the US and Europe.