How they describe themselves: Bolstr is a crowdfunding platform that empowers communities to invest in local small businesses. We believe that local investment is the key to economic growth. Through Bolstr, we have created a marketplace where individuals can invest in and support the local small businesses that make their communities home.
Through step-by-step guidance, Bolstr helps Small Businesses create a professional pitch, determine fair deal terms, and source investment capital from their network and community. In essence, Bolstr’s innovative platform democratizes and demystifies the process of raising investment capital.
How they describe their product/innovation: Bolstr is the first crowdfunding platform focused on adding liquidity to main street small businesses and the only platform able to legally operate pre-JOBS Act. We have worked tirelessly along with our legal counsel to create a model that works within the current regulatory environment.
Bolstr’s proprietary, compliance engine navigates small businesses through the complicated state-by-state regulatory rules. The technology automatically calibrates to a small businesses raise, taking into consideration a multitude of variables to ensure each business raises capital within the rules.