Seedups Offers Financial Support to Start-up Tech Businesses

All start-ups tech businesses in need of funding will be happy to hear that a helping hand is available.  Seedups, the intelligent crowdfunding site, is joining many throughout the world and celebrating entrepreneurship. In doing so, they are not holding back in offering what many entrepreneurs need all over the world: financial support. Thus, the company is highlighting its investment pool, which stands at nearly $23 million and is available to all start-ups tech businesses.

Seedups uses a new and enlightened way of crowdfunding which  is presently under the spotlight due to the fact that it has been championed by Barak Obama in his new Jobs Bill.

We know that tech companies are the ones with the greatest scale, but most ideas stall in their infancy, and we know that crowdfunding can help this. It’s impossible to underestimate the importance of entrepreneurial activity: most new jobs are brought about by new companies, not larger ones. They really are the lifeblood of the economy.
Michael Faulkner, Founder of Seedups.

The main element of the Seedups concept is the need to give start-ups a fair evaluation, and in doing so, the companies are more than able to gain the funding needed to help the start-ups survive.  A ‘wisdom of crowd’ engine is used by Seedups in determining each company’s worth. In place are tools that allow investors the opportunity to network and to collect information behind the start-ups, allowing them to place fair bids on the project. Then, to ensure that they are a part of the equity deal, investors compete with micro bids.

Seedups has attracted 900 entrepreneurs and nearly 400 investors since becoming active in February.