Le Lézard
Classified in: Business
Subjects: PDT, VEN, SBS

Nvsted Offers New Opportunity for Startups in the St. Louis Region



ST. LOUIS, April 18, 2018 /PRNewswire/ -- Today, St. Louis County Executive Steve Stenger joined with area business leaders and representatives of the St. Louis Economic Development Partnership to announce the launch of Nvsted (pronounced "N-vested"), an innovative, new funding source that provides a way for small investors to help fund area start-ups.  The St. Louis-centric crowdfunding marketplace has received federal Financial Industry Regulatory Authority (FINRA) approval and is now open to St. Louis-based businesses and investors from around the United States. Nvsted provides a unique platform connecting startups and business owners with like-minded investors.

"Nvsted will propel the growth of entrepreneurs, support the expansion of St. Louis area-based jobs, and strengthen the foundation of regional businesses," said St. Louis County Executive Steve Stenger. "The timing is certainly right for introduction of this innovative tech tool for funding startups. Nvsted will contribute to the economic momentum underway in St. Louis County since 2015, a boom marked by more than $5 billion in corporate expansions and capital improvements, the creation of 5,700 jobs and the retention of over 30,000 more."

Crowdfunding and kick-starter platforms are a familiar concept in the St. Louis area and throughout the nation, as well as among local venture capital firms. Nvsted is the only regulation crowdfunding marketplace specific to the St. Louis region and the first in the nation organized by an economic development agency.  It allows people to invest in companies for as little at $100. The online portal www.nvstedwithus.com seeks to connect the region's thriving community of startups to a wider range of capital, including investment opportunities for everyday investors who might be customers or other business and civic supporters.  Businesses must be located in the St. Louis region, though investors may be from anywhere in the United States.

A technology platform with a hyper-local focus, Nvsted is an online marketplace for companies to reach investors for their fundraising needs. Designed to build and grow St. Louis companies, Nvsted is a viable complement and alternative to other methods of raising capital.

"The St. Louis business ecosystem continues to be exceptional for startups and business expansion," said Jamey Edgerton, CEO of Nvsted. "Recent approval by FINRA for Nvsted's launch further strengthens the St. Louis region's position as one of the top areas to start and grow a business. Nvsted is innovation that will strengthen St. Louis region's business environment ? it's innovative, unique and supports our business community."

WellBeing Brewing Company is the first company to participate in this innovative new fundraising platform. The company seeks to raise between $125,000 to $200,000 for start-up of the firm, which is a brewer of non-alcoholic beer.  To learn more about Nvsted, or to invest in a St. Louis company, please visit www.nvstedwithus.com.

Join us on Twitter @Nvstedwithus/Like us on Facebook: Nvstedwithus
#STLStartUp #STLNewEconomy
To learn more about the St. Louis Economic Development Partnership, visit STLPartnership.com.

All investments entail some degree of risk. The securities offered through the site are not publically traded, subject to holding period requirements and are not intended for investors that need a liquid investment. Investors should determine if this type of investment is right for them.

Contact: Allison Hawk, (314) 458.7668; Merritt McCarthy (314) 706.6702

 

SOURCE STL Partnership


These press releases may also interest you

at 11:33
? Brompton Funds announces distributions payable on June 14, 2018 to class A shareholders of record at the close of business on May 31, 2018 for each of the following funds: Fund NameTicker Amount Per ShareDividend Growth Split Corp.DGS$  0.10Life &...

at 11:30
CMHC will release its 2018 Q1 Financial Report on Tuesday, May 29th at 1:00 pm Eastern time. The Quarterly Financial Report includes unaudited quarterly consolidated financial statements and explanatory notes for the...

at 11:29
Millennium Software Inc., a premier staffing company, is proud to announce that on May 23, 2018, the company received AgileOne's Supplier of Year / Soar award for supplier excellence. The award was presented to Millennium at AgileOne's sixth annual...

at 11:27
In an effort to help empower passengers to make more informed decisions while traveling during the 2018 Atlantic hurricane season, InsureMyTrip predicts which US airports are most prone to delays and cancellations and what passengers should know...

at 11:26
In furtherance of providing companies with enterprise-level security and privacy, APPrise Mobile today announced the successful completion of its SOC 2 Type 1 audit and commencement of its annual Type 2 audit.  Upon request, the Type 1 report which...

at 11:23
Online broker FxPro and McLaren F1tm Team are delighted to announce a multi-year partnership agreement. From the Monaco Grand Prix (24-27 May), the McLaren MCL33 will feature prominent FxPro branding, highlighting the firm's position as the world's...




News published on 18 april 2018 at 13:31 and distributed by: