Orlando, Florida (PRWEB) September 18, 2012
Sprigster, the nation’s leading crowdfunding platform focused on assisting military veterans, announced today the expansion of its popular Boost a Hero program to help returning veterans as well as military spouses raise needed funds for projects of all types. During its launch period, Boost a Hero was focused solely on supporting franchise businesses for veterans. Boost a Hero is now accepting applications from U.S. military veterans proposing any type of crowdfunding project. The current Boost a Hero platform expansion will also allow crowdfunding projects by U.S. military spouses, an underserved demographic in the military community.
"Since starting the Boost a Hero program in February, veterans have consistently asked us to expand our crowdfunding platform beyond franchising projects and we are now ready to do just that," said Mark Mohler, CEO of Sprigster. “Sprigster has also been made aware of the unique challenges that military spouses face in maintaining consistent employment during the multiple geographic moves that are common for the military lifestyle. We want to assist military spouses with their own goals and we are excited to be expanding the Boost a Hero crowdfunding platform to accommodate this.”
Sprigster’s Boost a Hero program uses crowdfunding, a process whereby contributions are collected over the Internet from “the crowd” to cumulatively help fund a project – such as opening a business. During Sprigster’s beta phase, prospective veteran franchisees have used our platform to pitch their project to the public, and through pledges and contributions, raise capital needed to open their franchise business. Sprigster’s expansion of the Boost a Hero program comes after receiving broad support and acclaim for its initial beta crowdfunding platform. In April 2012, Sprigster was one of four companies recognized as a national Small Business Innovator by the U.S. Chamber of Commerce’s Business Civic Leadership Center.
“We are very encouraged by the success of the Boost a Hero program so far and we are now ready to expand the program to help more veterans and now, military spouses,” said Mohler. “Franchising offers unique benefits for veterans and military spouses but we also know that the challenge of unemployment for veterans and military spouses is so much larger than any one sector can absorb. We are excited about addressing this broader need through opening our crowdfunding platform to a more diverse range of projects.”
Qualifying U.S. veterans and military spouses can register for the Boost a Hero program directly through Sprigster’s online application. Once approved, the project is featured on Sprigster’s website. Sprigster provides resources and coaching to assist military veterans and military spouses in defining and promoting their projects to the online crowd using social media tools. The crowd, which can include friends, family, the local community, other military veterans and essentially anyone compelled to support the veteran, can then contribute toward the funding need.
Sprigster’s Boost a Hero program is the first crowdfunding platform to bring the power of crowdfunding solely to benefit US military veterans. Sprigster was founded and is operated by serial entrepreneurs with extensive experience in building and advising social enterprises. Sprigster’s Boost a Hero program was designed to facilitate access to capital for qualifying U.S. veterans and now to military spouses. For more information about Sprigster, please visit http://www.sprigster.com. Also, please follow us on Twitter and check out our Facebook page.