[Crowdfunding Opportunity] Jumpstart Africa Accepting Projects

By Mugethi Gitau
  Published 30th July 2014
Share this Article
[Crowdfunding Opportunity] Jumpstart Africa Accepting Projects

Guest blog by Samantha English

Jumpstart Africa has announced that it will begin accepting projects for its revolutionary crowdfunding platform – built specifically for Africa.

This announcement comes shortly after the platform received certification from the Crowdfunding Accreditation for Platform Standards.

Led by an advisory council comprised of industry experts and trailblazers, CAPS is dedicated to protecting both the innovators launching crowdfunding campaigns and backers who help fund or invest capital in those campaigns.

During the accreditation process, CAPS carefully examined Jumpstart Africa’s platform and guidelines. After meeting required industry standards, based on the operational performance of our platform, transparency, security of information and payments, and website functionality, CAPS recognized Jumpstart Africa for its implementation of international crowdfunding best practices.

“The CAPS certification is an important milestone for us,” explained Jumpstart Africa CEO, Ahmed Zrikem. “This is a sign to the international crowdfunding community that Jumpstart Africa is dedicated to the same best practices as other crowdfunding platforms around the world. It also sends a message to innovators in Africa that we implement the transparency and security needed to revolutionize the way the world supports Africa.”

As Jumpstart Africa’s platform enters its final phase of testing and development, African innovators 18-years of age and older are encouraged to submit projects, which will be eligible to begin raising funding when the platform launches in September.

“We hope that project owners will take the next two months to begin building a support community,” said Jumpstart Africa CEO, Ahmed Zrikem. “Most successful crowdfunding campaigns raise 30% of their funding goal from members of their own network, so it’s important that innovators get the word out about their projects prior to their campaigns going live.”

Jumpstart Africa is hosting a live virtual Q&A session on July 31, 2014 at 2 PM (GMT +1) (4PM Nairobi time) for entrepreneurs and innovators interested in crowdfunding. Users can join this free, interactive session at http://jumpstartafrica.launchrock.com/.

About Jumpstart Africa Jumpstart Africa is a pioneering start-up dedicated to connect people with a passion for Africa, directly to the local entrepreneurs creating innovative projects. Most of these innovators lack the funds necessary to commercialize their products, and make their dreams a reality. Jumpstart Africa will help these entrepreneurs raise the capital necessary to begin their projects, start creating jobs and initiate economic growth. Jumpstart Africa is working with leading innovation centers and incubators throughout Africa to identify the most promising entrepreneurs. With the goal of empowering innovative & creative African entrepreneurs, Jumpstart Africa wants to be a leader in helping create sustainable growth and boost economies in the region trough crowdfunding.

comments powered by Disqus

Account Login