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New Website, Sprowtt, Has Arrived To The Benefit Of Cleantech Entrepreneurs

Written by: Ellisa Brenneman

Article Overview: Cleantech entrepreneurs receive assistance in obtaining financing and networking to get their deals done with the help of this excellent new website.

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New Website, Sprowtt, Has Arrived To The Benefit Of Cleantech Entrepreneurs

Every day, I keep hearing people asking, “where do I go next for funding?” I’ve talked about how to seek funding, how to seek investors, how to get money, etc. No matter how you slice it, trying to seek funding is almost like going door to door and asking people if they have five minutes to hear an idea. Obviously, it’s more professional than that, but the feeling of apprehension is still there as you try to scale the metaphorical walls of potential investors.

With all of the innovations in social networking and business tools, how has a solution to this ordeal not been developed? As soon as I asked this question to myself, a colleague showed me a website called, Sprowtt and then I considered wondering aloud if I could have a free Mercedes.

To put it simply, by using Sprowtt, anyone can participate in the funding of companies. Potential investors are able to log on to the site and create a profile with detailed financial and bank account information. Then they are given a list of companies they can invest in based on their financial capabilities. The start-ups have their own information posted such as informational presentation videos, the amount of money the start-up has already raised, and their products and detailed business plans, on which the investors can share their comments.

So what happens if the investor likes the company? Once they’re interested they can sign the stock subscription agreement and then enter the number of shares they wish to purchase. At this point, the funds are held in escrow until the offering is complete (which happens when the minimum amount for an offering is accumulated). Sprowtt then helps to transfer the funds from an investor’s account to the start-up.

The entire process is done in a very comfortable and familiar format that is like almost any social networking set-up that we as a Web 2.0 familiar community are used to. Personally, I think that if this site can get its proper ducks in a row that this will make the investor process very accessible to the sudden influx of start-ups that are currently out there and ready to make the leap to capital raising.

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Home > Small-Business-Consulting > Ellisa Brenneman > New Website Sprowtt Has Arrived To The Benefit Of Cleantech Entrepreneurs
Article Tags: angel investors, business plan, business plan consultant, business plan consultants, business plan service, business plan services, business plan writer, business plan writers, business plans, custom business plan, custom business plans, entrepreneur, entrepreneurial, entrepreneurism, entrepreneurs, ethos 360, ethos 360 solutions, ethos business solutions, ethos360, ethos360com, small business plans, venture capital, wwwethos360com

About the Author: Ellisa Brenneman
RSS for Ellisa's articles - Visit Ellisa's website

Ellisa Brenneman started her career, after receiving her Bachelor Degree from the University of British Columbia, with the Canadian government merging academic rigor and business savvy to produce and disseminate research findings. She has been published multiple times in scientific journals for her research findings. A born entrepreneur; her zeal for entrepreneurism soon took hold. She's started green businesses and has vast experience managing public, media and investor relations for small-cap public companies. Ellisa is the President of Ethos 360. Ethos 360 provides entrepreneurs with affordable one-on-one coaching, business growth consulting, custom business plan writing, branding and capital raising services so they can launch and grow their businesses. Visit www.Ethos360.com for additional information, email info@Ethos360.com or phone 503-501-2444 to schedule a free consultation.



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