2014

Missing Link in Crowdfunding Sites Offered By CrowdIt CrowdIt introduces business professionals as mentors and service providers as a part of the crowdfunding process

Company CEO says it's not just about the funding, but, learning how to execute on your business ideas that fosters success

SPRINGFIELD, Mo., March 31, 2014 /PRNewswire/ -- CrowdIt (www.crowdit.com), the first company to bring business networking and support services into the crowdfunding experience, introduced its "Suits" portal as part of the continued rollout of the startup's next-generation crowdfunding platform.

Crowdfunding platforms offer the ability to raise funds for all kinds of projects. But the services stop there. A good business manager knows that capital is only part of the success equation. Without networking, established connections and legitimate business experience, a fledgling business owner is unprepared for the realities of efficient and responsible management practices. What if crowdfunding platforms offered both financing opportunities and mentoring/networking capabilities? One does: CrowdIt.

"The funding event is only one piece of the success equation for people pursuing their dreams through crowdfunding," said Jason Graf, co-founder and CEO of CrowdIt. "What's been missing isn't the focus on financial help, but, 'people' assistance. Any successful small business knows that it takes a 'village' of experienced professionals in various capacities to turn a dream into a reality. That's what CrowdIt's focus is and what we've seen is lacking in today's crowdfunding sites. We are excited to be the first to provide these resources as we feel it is the most important ingredient in achieving small business success."

CrowdIt is the only crowdfunding site to incorporate business networking, mentorship opportunities and ancillary services support as critical elements of the crowdfunding experience. Accredited business professionals, from lawyers and accountants to accredited investors and consultants, can now create account profiles, similar to LinkedIn, for exclusive access and networking opportunities with project owners (Dreamers) to provide support and guidance before, during and after fundraising takes place. Starting now lawyers, accountants, consultants, accredited investors and other experienced business professionals can apply to join the CrowdIt community to connect with and support new ventures in the crowdfunding space.  Below are some of the many reasons to become a Suit on CrowdIt.com:

  • Exclusive Access to Projects (before they go live)
  • Localized Business Leads / Client Base
  • Internetwork Communication Capabilities
  • Advantageous Marketing Opportunities
  • Crowdfunding Certification Opportunities
  • Broad Dissemination of a Suit's Resources and Content
  • Credibility / Thought Leadership
  • And much more!

To apply to be a Suit on CrowdIt.com, please visit: https://www.crowdit.com/account/whats-a-suit.

CrowdIt represents an entirely new approach to crowdfunding with a clear mission – to combine business support mechanisms with fundraising opportunities by incorporating much-needed expert advice, peer review, online collaboration and business networking into the core functionality of its site. The inclusion of "Suits" into the crowdfunding ecosystem expands upon the landscape of business opportunities today, whereby creating a new online marketplace for business development.

"Providing additional functionality and support beyond funding within an online crowdfunding environment is an excellent way to bridge the gap between the fundraising initiatives of today and the goal of commercial success in the future," explained Dr. Richard Swart, director of research, Program for Innovation in Entrepreneurial and Social Finance at UC Berkeley. "More and more business is being done via the internet every single day and there is absolutely a desire for online collaboration, networking and new ways for people to exchange ideas and services."

To learn more, please visit (http://www.crowdit.com) – and don't just dream it, CrowdIt!

Engage/Share/Tweet This:

Are you a #business pro? #CrowdIt @DontJustDreamIt adds Suits into the #crowdfunding experience! https://www.crowdit.com/account/whats-a-suit

About CrowdIt
Based in Springfield, MO, CrowdIt (www.crowdit.com) is the first company to bring business networking and support services into the crowdfunding experience. Unlike first-generation crowdfunding sites, CrowdIt offers more than a place to raise capital. It is a community of Dreamers, Believers and Suits who believe in the power of an idea, passion or project. CrowdIt presents an end-to-end crowdfunding community that promotes success after funding, through networking, peer review and expert advice. A start-up, CrowdIt is privately held and backed by venture capital firm Baron VC. For more information, please visit (www.crowdit.com).

Media Contact:
Jeremy Douglas
Catapult PR-IR
303-581-7760, ext. 16
jdouglas@catapultpr-ir.com

Photo - http://photos.prnewswire.com/prnh/20140331/LA94068-INFO

Logo - http://photos.prnewswire.com/prnh/20130521/LA18669LOGO

SOURCE CrowdIt



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