Outvesting Helps Irish Companies Using a Grassroots Approach

By: Katherine Vong - Published: Oct 28, 2009 • References: & springwise
Raising capital for a new business is difficult in these economic times. Outvesting is a company aimed at helping businesses in Ireland get off the ground, since Ireland has had a particularly difficult time during the global recession.

Using a grassroots approach via Twitter, Outvesting hopes to give about $7,400 with "no strings attached" to any Irish startup, says Springwise. To do this, Outvesting is using Twitter to invite interested participants to contribute about $74. Startups can apply for the money while donors get a chance to vote on which ones get the cash. Stats for Crowd-Funded Startups Trending: Older & Chilly
Research: 2,914 clicks in 343 w
Interest: 4 minutes
Concept: Crowd-Funded Startups
Related: 55 examples / 42 photos
Segment: Neutral, 18-35
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