First Ever Jordanian Businesses Raise Money on Eureeca.com

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Abjjad, Foodlve and Harir launch campaigns to apply for funding from the crowd, making them the first international crowd investing campaigns globally.

Eureeca

Three Jordanian businesses have recently launched funding proposals on eureeca.com, the first crowd investing platform offering a global solution for businesses to raise finance from the crowd in exchange for equity.

As well as being the first Jordanian businesses to launch crowd investing campaigns Abjjad, Foodlve and Harir are also the first international campaigns where businesses raise funds on a platform not in their home country on the site that was launched in May 2013 based in Dubai, UAE.

Commenting on the Jordanian campaigns CEO and co-founder of Eureeca, Chris Thomas said: “We are incredibly excited to be welcoming three very strong Jordanian businesses to launch their funding campaign on eureeca.com. Being an early stage business ourselves, we are very passionate about nurturing growth and supporting innovation, and so are very much looking forward to supporting Abjjad.com, Foodlve.com, and Harir.com as our first international transaction businesses.”

Founded by seasoned entrepreneurs and investment bankers Chris Thomas and Sam Quawasmi, Eureeca provides small business owners with a game-changing alternative for raising finance for their business and more investment opportunities for both professional and new investors. Eureeca lowers the barrier to entry for investors by enabling them to acquire equity in businesses on the website for as little as US$100. By lowering the barriers to entry for investors, SMEs now have the opportunity to gain finance through crowdinvesting and effectively create more jobs which in turn positively impacts the economy.

Commenting on the launch of the campaign, Oasis500 Investment Manager, SalwaKatkhuda said: “Crowdinvesting is a disruptive, innovative and empowering way to raise money – the fact that two of our early stage businesses are choosing this type of fundraising truly showcases the caliber of early stage businesses in Jordan. There is no secret that Jordan has become an entrepreneurship hub and we are very proud to support Foodlve and Abjjad during their campaigns on eureeca.com.”

Supported by Oasis 500, Abjjad.com is a social network for readers, writers, and bloggers. Users can create reading lists, add book reviews and share their written content as well as providing a directory for all books suppliers in the Arabic region.

Also supported by Oasis 500 as well as Leap Ventures, Foodlve.com is a social discovery platform for food lovers. Users can discover, collect, share, blog and post all they love about food through the platform.

Harir.com is an online shopping club in the Middle East for top design & lifestyle brands that offers its members exclusive access to discounts up to 85% off.

Chris Thomas continued: “With such a diverse population and innovative spirit, Jordan is a core market for our business. Organizations like Oasis 500 continue to contribute and nurture the development of Jordanian entrepreneurship.”

The businesses are live on eureeca.com raising funds for 90 days.

For more information, visit http://www.eureeca.com.

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Joanne Kubba