NCS Selected as Crowdfunding Advisor to the Government of the District of Columbia

August 1 2014 - National Crowdfunding Services, LLC (NCS) announced the company will partner with the District of Columbia government to pilot crowdfunding for District small businesses. Specifically, NCS will provide crowdfunding services to selected grantees of the District's Great Streets Initiative through a pilot program called “The Washington DC Crowdfunding Challenge." This program will supplement the Small Business Capital Improvement Grant to support small businesses, retail corridors, and the goals of the Great Streets Initiative. 

Great Streets “is the District's multi-year, multi-agency commercial revitalization initiative to transform emerging corridors into thriving and inviting neighborhood centers. Led by the Office of the Deputy Mayor for Planning and Economic Development (DMPED) in conjunction with the Office of Planning (OP) and the District Department of Transportation (DDOT), Great Streets has grown into a multi-year, multi-agency program that utilizes public actions and resources to leverage private investment in retail, office space, housing, and cultural facilities across the District.”

DC native and Howard University graduate William Michael Cunningham, Managing Partner at National Crowdfunding Services said, “We are honored. NCS has long been regarded as a leader in the crowdfunding space, providing not only the most in-depth research and analysis, but also providing thought leadership. We will use crowdfunding to address critical small business market development and financing needs. We believe crowdfunding is a critical emerging tool in the small business development and financing toolbox, and are glad the Government of the District of Columbia agrees. We look forward to working with the many extraordinary businesses along the Great Streets corridors.”

NCS will help the City evaluate six Great Streets Grantees who will be selected for the DC Crowdfunding Challenge. NCS will work with the six finalists to launch and manage crowdfunding campaigns.

For complete details about the DC Challenge contact Henry W. Burger, Director of Business Development, National Crowdfunding Services at (202) 430-6330  or front.office@nationalcrowdfundingservices.com

The NCS Team

Left to right: Howard C. Williams, William Michael Cunningham (seated) Henry W. Burger

Become a "Capital City Shark"

Are you familiar with Shark Tank? Well here is your chance to become a "Capital City Shark"

We are seeking 2,000 like minded supporters to indicate anywhere from $1 - $500 of future product purchase from a DC business owner.  This is called testing the waters. This non binding indication of interest denotes that you MIGHT, at some future point, be willing to  support a crowdfunding campaign sponsored by NCS. 

Please go to our support page www.DChallenge.co to enroll.  or click HERE. Capital City Shark enrollment

NOTE: Enrolling to become a "Capital City Shark" does not in any way obligate you financially.

Thank you and be on the lookout for more information about the Washington DC Crowdfunding Challenge.

FAQ: Will I be charged if I fill out Capital City Shark Form?

A. NO, This is a non binding indication of interest. You will not be charged for this "pledge." There is no dollar pledge. It's just an indication, saying, yeah, if there were a local DC company I liked that was trying to raise money, I MIGHT give or invest some money in them.

You will not be charged anything by us now or in the future. We'd just like to see where your head is on the subject. Really. REALLY. We mean it. Keep this page. Print it out. We will not charge you now or EVER.

Seriously. 

FAQ: Will you guys spam me if I give you my email address?

A. NO, We will contact you when we launch. I would not call that "spam." but, yes, you will receive an email from us at some point. If you do not want to be contacted, just tell us. We will never (NEVER) send you another email. 

What is the Washington DC Crowdfunding Challenge?

The “Washington DC Crowdfunding Challenge” is a project created by National Crowdfunding Services, LLC to provide a locally based crowdfunding platform for entrepreneurs and small business owners to be featured to an established community of “sharks” for potential project funding.

NCS will introduce 3 local business owners on our “Capital City Shark Stage” every few months. The audience will then have an opportunity to show their desire to support one or several companies by going on-line and making a purchase from the business owner.

After a set period of time a winner will be announced based on the greatest number of supporters and the percentage-to-goal raised.

For more information email: Henry.Burger@nationalcrowdfundingservices.com  or visit
www.nationalcrowdfundingservices.com

NATIONAL CROWDFUNDING SERVICES , LLC

Crowdfunding works this way: An entrepreneur with an idea for a company, project or product posts the details of the idea or product on a Web site such as Kickstarter. The posting includes information on the amount of money needed, benefits to those who contribute to the project and information on the developers. People donate or invest to help the campaign succeed.

The crowdfunding provisions of the JOBS Act allow start-up and other companies to sell up to $1 million in equity, or ownership shares, in their business.

http://nationalcrowdfundingservices.com/