AUSTRALIA'S FIRST EQUITY CROWDFUNDING PLATFORM FOR SMALL BUSINESS
It's finally here! A funding opportunity for small, innovative businesses across the country.
Birchal was launched as a spin-off platform of Pozible last month after a bill recently passed by the Senate to allow unlisted public companies to seek up to $5 million in funds per year from so-called ‘mum and dad investors’.
The platform enables unlisted public companies with annual turnover and gross assets up to $25 million to issue shares to the public, opening up new opportunities for ‘mum and dad’ investors to take equity in small businesses. Investors are limited to no more than $10,000 investment per company each year.
Alan Crabbe, co-founder of Birchal says "the platform will provide a much-needed shot in the arm for small businesses looking to achieve that next level of growth".
If you're looking for a much needed financial injection for your fashion business, head on over to Birchal to find out how you can apply and pitch to investors with the support and guidance of provided via Birchal platform.
Facts provided in this post come via the Birchal blog.