Crowdsourcing firm launches in the UAE

Reading Time: 1 minute

eureeca_large_1Eureeca, a crowd investing or crowd sourcing platform targeting growth companies and small & medium businesses to source funding from the crowd, announced its official launch on May 14 with funding proposals from a number of UAE and regional businesses now live on its website.

Operating as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects, Eureeca offers growing businesses access to investment from the ‘crowd’ for as little as $100. The crowd is typically made up of a business’ followers and fans, clients, friends and other members of www.eureeca.com.

Founded by former investment bankers Chris Thomas and Sam Quawasmi, Eureeca says it provides entrepreneurs and SMEs with “a game-changing alternative” to traditional methods of funding. By allowing investors to earn equity in a business listed on the website for as little as $100, Eureeca says it lowers the investment barrier to entry, thereby opening up the pool of potential investors.

“The growth of SMEs is critical for innovation, job creation and overall economic recovery following the financial turbulence that has impacted world markets,” said Dr. Nasser Saidi, Deputy Chairman of Eureeca, at the launch

“Eureeca provides an alternative solution that addresses the persistent needs of entrepreneurs and SMEs for growth capital and, has the potential to become a significant catalyst in developing the SME sector in the region and globally. Development of the sector will continue to remain slow and marginal unless there is a revolutionary change in the flow of capital from investors to business owners and entrepreneurs.”

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid

Eureeca, a crowd investing or crowd sourcing platform targeting growth companies and small & medium businesses to source funding from the crowd, announced its official launch on May 14 with funding proposals from a number of UAE and regional businesses now live on its website. Operating as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects, Eureeca offers growing businesses access to investment from the ‘crowd’ for as little as $100. The crowd is typically made up of a business’ followers and fans, clients, friends and other members of www.eureeca.com. Founded by former investment...

Reading Time: 1 minute

eureeca_large_1Eureeca, a crowd investing or crowd sourcing platform targeting growth companies and small & medium businesses to source funding from the crowd, announced its official launch on May 14 with funding proposals from a number of UAE and regional businesses now live on its website.

Operating as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects, Eureeca offers growing businesses access to investment from the ‘crowd’ for as little as $100. The crowd is typically made up of a business’ followers and fans, clients, friends and other members of www.eureeca.com.

Founded by former investment bankers Chris Thomas and Sam Quawasmi, Eureeca says it provides entrepreneurs and SMEs with “a game-changing alternative” to traditional methods of funding. By allowing investors to earn equity in a business listed on the website for as little as $100, Eureeca says it lowers the investment barrier to entry, thereby opening up the pool of potential investors.

“The growth of SMEs is critical for innovation, job creation and overall economic recovery following the financial turbulence that has impacted world markets,” said Dr. Nasser Saidi, Deputy Chairman of Eureeca, at the launch

“Eureeca provides an alternative solution that addresses the persistent needs of entrepreneurs and SMEs for growth capital and, has the potential to become a significant catalyst in developing the SME sector in the region and globally. Development of the sector will continue to remain slow and marginal unless there is a revolutionary change in the flow of capital from investors to business owners and entrepreneurs.”

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid