LOS ANGELES, April 18, 2013 /PRNewswire/ -- Crowdfunder is pleased to announce WestPark Capital, Inc. will be joining in as a Title Partner of CROWDIMPACT 's upcoming competition for small businesses, with a focus on social enterprises, combining profit and social impact. The involvement of key supporters representing over $100 million makes CROWDIMPACT one of the world's largest social enterprise live presentation forums to date, and on April 23rd, finalists will present their companies to judges deciding on over $30,000 in prizes for the top companies in Los Angeles, CA.
Using a proven model, CROWDIMPACT will operate similarly to Crowdfunder's previous live events, CROWDFUNDxLasVegas and CROWDFUNDxLA, which collectively drew over 11,000 entrepreneurs and investors and over 900 early stage businesses. Since February 20th, over 150 companies have registered on Crowdfunder's CROWDIMPACT online community.
"We are very pleased to take part in this exciting event that brings together great talents and companies from so many corners of the market. The sharing of ideas and coming together of so many great businesses and professionals, each on the cusp of incredible things in their individual areas, is a unique opportunity that we are happy to take part in. The event format suggests it will be as much fun as it is professionally rewarding." says Jason Stern, Chief Operating Officer of WestPark Capital.
Crowdfunder's CEO Chance Barnett adds, "Over the last 10 to 15 years, investors have come to understand that profit and social purpose can go hand-in-hand. CROWDIMPACT helps top social enterprises across the globe to finally have a place to gain visibility in front of a community of impact-minded backers on the Crowdfunder's social network."
CROWDIMPACT brings together Crowdfunder's business social network platform, WestPark Capital's transactional, corporate finance, and advisory services experience, and innovative partners and communities that support and empower social entrepreneurship. CROWDIMPACT Title Partners include Demand Media and Cal-X Crowdfund Connect.
Crowdfunder, Inc. (www.crowdfunder.com) is a social network and business crowdfunding platform for entrepreneurs and investors to connect, crowdfund and grow. The company puts growth and fundraising tools in the hands of small and medium business supporters and enterprise owners at all stages in their businesses' life cycle. Startups and small businesses on Crowdfunder can raise funds through contribution-based crowdfunding, and soon, through debt and equity-based crowdfunding. A major participant in JOBS Act legislation, the company is engaged in US government—including the SEC—and FINRA regulatory activity at the highest levels.
About WestPark Capital
WestPark Capital, Inc. (www.wpcapital.com) is a full-service investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, media and telecom industries, among other categories. WestPark provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements, SIPOs and corporate finance advisory services. WestPark is committed to forging lasting partnerships with emerging growth companies and the investors who back them. Member: FINRA/SIPC.