Minimum investment is $100 and of course you can go up from there. The third and final step is where you decide how much you want to invest. They do have three other campaigns in Greeneville, South Carolina, but you’ll be looking for Boulo. That’s the company that comes up if you look for a local company to invest in. Since Vicinity is new to Birmingham, Boulo is their first local campaign. In 2020, we all know how to sign up for programs and services online, and Vicinity’s user-friendly interface makes it a breeze. Head over here for specifics of Boulo’s campaign + to learn more about their mission to match smart women with projects that companies need. Of course, like any investment, there’s a risk you won’t get the return you’re hoping for or could even lose your investment. Your return on investment will be tied to the success of the business you’re backing. Other companies you might be familiar with-like Kickstarter or Indiegogo-allow you to simply donate, get some swag, or get a preorder of the product. The difference is, you’re not just giving the company money to get something off the ground. They’re the first Birmingham-based company open for investment on Vicinity’s platform, which will remind you of other crowdfunding platforms you might have seen. Boulo Solutions is currently open for investment + kicking off Vicinity’s launch in Birminghamīoulo connects smart, driven women with talent-seeking companies offering jobs with flexible schedules helping both reach their highest potential. Why? They want to give equal access to capital to under-resourced entrepreneurs who may have great ideas or businesses but just not the right “friends and family” to accelerate. They have a whole process to determine who’s a match for their portal. Reach out to them and start the conversation. Second, let’s say you’re the founder of a brand new startup or a successful small biz and you love the idea of being featured on Vicinity Capital’s portal. No income or net worth restrictions means that anyone can invest. Write the next chapter in Birmingham’s innovation story Photo via Jacob Blankenship for Bham Nowīy backing companies you believe in that are in your own back yard, you can access potentially high-growth startups and successful small businesses while doing the following:įirst, you really don’t need big bucks to get started investing. Since Vicinity Capital, a South Carolina-based business, is new to this area, they’re going all in on Birmingham with Boulo Solutions. Once you’ve got that, you can place a microinvestment in local startups and small businesses. Imagine walking into your favorite local business and knowing that you literally own a piece of the action.Īll you need is $100 that you’re willing to invest, plus access to Vicinity Capital’s online portal. Anyone can invest locally with Vicinity Capital Back companies you believe in in your own back yard. Keep reading to find out all the details. Now, though, thanks to Vicinity Capital, you can become an investor in local companies like Boulo Solutions-even if you don’t have big bucks to spend. Photo via Boulo Solutions’ FacebookĬhances are, if you think of Birmingham companies, you’re probably either thinking of a place to work or a place to be a customer of some sort.
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