Hervé Flutto from cofundit.com
Cofundit is specialized in crowd funding. Through its web platform, Cofundit.com puts innovative entrepreneurs in touch with investors.
Cofundit.com is about funding growth of SME in a crowd sourced environment similarly to the US based kickstarter.com
The launch of cofundit.com was in July 2010. The focus is on the small and medium enterprise with a certain revenue stream and not on seed investments with startups.
Financing is a short term loan from 200k to 1mio as an unsecured debt. All terms except the interest rate are set by the entrepreneur. The commission is on a success base. Therefore all companies are first analysed internally and only then presented to the crowd.
Different activities are offered to the public: The web platform is at the centre with live events, investor webcasts and a magazine rounding off the information.