IndieGoGo.com Joins Startup America Partnership as the Funding Site for White House-Supported Entrepreneurial Initiative
AMEX, Facebook, Google, HP, LinkedIn, Microsoft, Cisco, Silicon Valley Bank, Others Also Announced at Facebook-Hosted Town Hall with President Obama
SAN FRANCISCO, April 20, 2011
SAN FRANCISCOApril 20, 2011 /PRNewswire/ — Today IndieGoGo, the fast-growing funding website, joined the Startup America Partnership as a participant to support startups and entrepreneurs across the country. IndieGoGo has answered President Obama's call to promote high-growth entrepreneurship, along with a coalition of industry heavyweights including American Express, Facebook, Google, Intuit, Intel, LinkedIn, Microsoft, Cisco, Ernst & Young, First Data, and Silicon Valley Bank.
The Startup America Partnership is an initiative formed by the private sector to enact the White House's Startup America campaign, which was launched in January 2011. The Partnership will help accelerate high-growth entrepreneurs across the country, create jobs and sustain economic growth.
"We are proud to have been chosen by the White House and Startup America as one of the partner companies for this groundbreaking initiative," said Slava Rubin, IndieGoGo co-founder and CEO. "Many of today's best companies started as the dream of an entrepreneur and the need for funding. We look forward to helping the next wave of entrepreneurs to find the funding to support their launch and sustain their growth."
As part of the Partnership, IndieGoGo has agreed to offer Startup America Partnership member companies and entrepreneurs the opportunity to raise $30 million of funding at a 50% discount on campaign fees. IndieGoGo will also feature Startup America campaigns on a newly created Startup America Partner Page and provide resources on crowdfunding techniques.
Since its inception, IndieGoGo has helped fund many successful entrepreneurs and startups including:
- Two engineers who built a remarkable technology that allows a video camera to automatically follow its subject. $24,000 raised
- An inspirational woman whose funds from IndieGoGo allowed her to open a cheese shop in downtown San Francisco. $12,500 raised
- A t-shirt company that went from kiosk to a stand-alone store in Lancaster, PA mall. $30,000 raised
IndieGoGo's innovative self-service platform empowers any entrepreneur to raise funds for his or her dreams or ideas. It allows anyone to create a "crowdfunding" campaign that leverages one's social networks and IndieGoGo's promotional network to reach the stated funding goal. Founded in 2008, the firm today is the world's largest global funding platform with more than 24,000 campaigns hosted from 159 countries.
If interested to get started with the IndieGoGo partnership, please email firstname.lastname@example.org with "Startup America" in the subject.
About Startup America Partnership
The Startup America Partnership is a movement – by entrepreneurs, for entrepreneurs – to help inspire and celebrate entrepreneurs, their firms and the people that join them. Launched January 31st at the White House in response to President Obama's call to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation, the Partnership is bringing together an alliance of major corporations, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth enterprises in the U.S. AOL co-founder Steve Case chairs the partnership and the Kauffman and Case Foundations are founding partners, providing initial funding and strategic guidance. For more information on the Partnership, visit http://www.startupamericapartnership.org and follow at http://www.twitter.com/startupamerica and http://www.facebook.com/startupamerica.
IndieGoGo is the world's largest self-serve open-funding platform. Since its founding in 2008, the site has distributed millions of dollars to over 24,000 campaigns in 159 countries. Anyone in the world with a dream to make their idea a reality can easily create a campaign to raise money, offer perks and maintain 100% ownership. The company has been featured on "Oprah," ABC's "Good Morning America," and the BBC, as well as in the Wall Street Journal, The New York Times, and TechCrunch. IndieGoGo is headquartered in San Francisco, CA. For more information, visit http://www.indiegogo.com and follow at http://www.twitter.com/indiegogo and http://www.facebook.com/indiegogo.
Flatiron Communications LLC (for IndieGoGo)