Fund an Enterprise, Nigeria’s New Donation Based Platform For Startup Crowedfunding Set For Official Launch
Next week, Lagos, Nigeria will witness the official launch of Fund An Enterprise, a donation based crowdfunding website (first of its kind in Nigeria) built specifically for fundraising activities, solely in form of grants to support start-up, micro, small and medium sized enterprises in Nigeria and beyond.
The platform (website) is owned and operated by the Micro, Small and Medium Enterprises (MSME) Crowd Funding Foundation, a new not-for-profit organisation in Nigeria.
Given the imbalance in the Nigerian economy, and its recent rating as the poorest country in world, it is high time individuals and groups joined hands together to make our economy work again.
It is high time we began to support one another in every littlest way in order to expunge the poverty index and make our economy great again.
“The MSME Crowd Funding Foundation, through Fund an Enterprise, is here, not only to provide the much needed relief to start-ups, small and growing businesses, but to change the way Nigerians in particular and the world in general support business operations”, the Partner and Co-Founder of Vi-M Professional Solutions, Mr. Magnus Nmonwu, said.
Crowdfunding- raising funds from a large number and spread of people all over the world, majorly through a website- is a globally accepted financing method, practiced as a much easier alternative to the traditional fund raising through the Capital Markets and other Financial Institutions.
“Crowdfunding has been used globally and successfully to fund a wide range of entrepreneurial ventures / activities and community-oriented projects, as well as test the community’s reception of a particular project or business idea to find out if it will be successful before embarking on such business.
“The MSME Crowd Funding Foundation, Nigeria, believes that by bringing this practice of crowdfunding for enterprises closer home, Nigerians can benefit from the much needed ease of funding / financial support for their businesses or enterprises”, said Mr. Nmonwu who doubles as the a Trustee at MSME Crowd Funding Foundation.
The mandate of MSME Crowd Funding Foundation is solely to help build thriving enterprises, as many as can possibly be; to guarantee a meaningful life and livelihood for Africans, and Nigerians in particular.
Fund an Enterpriseis a crowdfunding platform designed to link enterprises that needs funding, with good people who love engaging in philanthropic activities and changing lives. It is all intended to be a communal enterprise building circle, to empower our people and build our economy.
Visit www.fundanenterprise.org for more updates