UK accelerator, Springboard, and Kickstarter have joined hands to help start-ups set up their own business in an effective manner.
Springboard is a 13-week accelerated program that ends with an Investor Day. All the participants of the program present their ideas and projects on the Investor Day, and avail a chance to get their project funded.
Their chances of getting revenue for their projects will be amplified now as Springboard and Kickstarter have collaborated to assist the start-ups. As per the recent details, the candidates who take up the program will also post their projects on Kickstarter along with presenting them on the Investor Day.
Kickstarter is a platform that enables people with creative and lucrative ideas to receive funding for their projects. People can post their projects and ideas online, and the viewers can pledge support for the project as per their respective capabilities.
There is a separate page at Kickstarter for the participants of Springboard. By allowing the participants to present their ideas on two separate platforms at the same time, the authorities have increased the chances of receiving better funding.
On the Investor Day, the participants can find corporate giants to fund their respective projects, while their posts on Kickstarter will allow them to run their projects through crowdfunding. Jon Bradford, co-founder of Springboard, said of joining hands with Kickstarter:
“We are constantly looking to find ways to evolve and improve the accelerator model. We believe that the combination of an accelerator for the Internet of Things and the crowding funding platform Kickstarter are a perfect fit.”
Source: Springboard