When Funds Are Released
For existing businesses… when your campaign deadline ends, we will send you a check, less our fees, for whatever funds have been raised – even if you haven’t made your funding goal. (more info)
For new businesses…we require that the campaign’s funding goal be reached before releasing funds.(more info)
Fees: Foodstart charges just 4% of the total amount raised and passes along an additional 2.9% credit card processing fee from Amazon.com (backers use their familiar Amazon username and password to back your business.) That’s a total 6.9% – the lowest fees in community-funded finance – so you can keep more of the money you need to grow your business.
Backer Cards: Also unique to the industry – Foodstart sends everyone who backs your business a physical, embossed cards that they can present to your staff to redeem perks and rewards. (more info)
Seed Match: Foodstart is committed to making your business a success… if you raise at least $5,000 on our platform, we’ll pitch in an extra $1,000! Try getting Bank of America to do that! (more info)
Social Media Marketing Program: Exclusive to Foodstart…we’ll help you market your campaign by providing press release distribution, online advertising, printed fliers, and more – all, for free! (more info)