Sarasota, Florida (PRWEB) August 07, 2013
Nap Time Startups, a crowdfunding website for mom and women entrepreneurs exclusively, today announced the beta launch of NapTimeStartups.com, a crowdfunding site raising funds for mom and women entrepreneurs, exclusively. The site addresses an entrepreneurs primary need money. Crowdfunding will begin Dec. 2nd with a first year goal of funding 1,000 startups. Pre-registration is currently open to entrepreneurs, donors, investors and business service support affiliates. Entrepreneurs will receive fundraising campaign coaching, and donors and investors, a preview of the initial fund-raising startups.
As reported within a Kauffman Foundation study, A Rising Tide, the growth of woman startup is lagging behind their male counterparts. According to Alicia Robb, principal investigator, for every $ 100 of investment capital committed, women entrepreneurs receive only $ 5. The reason Robb notes is twofold: men start with more money, enabling easier debt financing, and the old-boys investment community has few women members.
Nap Time Startups differs from main stream crowdfunding sites such as Kickstarter and Indiegogo in two fundamental areas. First, the site is dedicated exclusively to mom and women entrepreneurs and secondly, the company is organized to coach entrepreneurs through the process of designing and managing a successful crowdfunding marketing campaign.
As noted by Catherine Snowman, Nap Time Startups’ Crowdfunding Coach (and a mom), We want to empower women, especially stay at home moms, to act upon their product ideas. We traditionally purchase over 85% of all household products, plus we now dominate social networking and consumer technology usage. Most of us have generated ideas for new products or how to improve existing ones. At Nap Time Startups, we provide the funding and support for commercializing those innovative product and service ideas.
Nap Time Startups crowdfunding programs will be based initially on the current industry donation model and expanded in 2014 into equity investment. A donation model enables individuals to contribute funds normally in the $ 1 to $ 1,000 range and receive matching rewards. The investment model, which was enabled by the Jobs Act of 2012 and is awaiting Security and Exchange Commission guidelines, will enable direct equity investment from accredited investors. Under the donor model, Nap Time Startups anticipates startup funding will range from $ 50,000 to $ 300,000 and under the investment model a maximum funding of $ 1,000,000.
About Naptime Startups
Nap Time Startups is a global crowdfunding firm supporting mom and woman entrepreneurs, exclusively. The companys goal is to fund 1000s of entrepreneurs each year through the women-dominated social networking and private investment communities. The company is structured to coach entrepreneurs through the crowdfunding process. Support includes product evaluation by a Shark Tank like panel of successful entrepreneurs and crowdfunding marketing services.
Nap Time Startups cofounders are four entrepreneurs from the Tampa Bay Area. They are Catherine Snowman, Crowdfunding Coach; Jenivieve Elly, Marketing Coach, Matthew Solan, Communication Coach; and John Montelione, Business Coach. Within their immediate families, mom entrepreneurs have launched eight startups, including Matthews mother, Ruth, who opened Duffys Tavern, one of Floridas infamous biker bars.
Nap Time Startups is located at 5020 Clark Road, Sarasota, FL 34233.
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