Procopio’s Emerging Growth and Technology practice group assists start-ups and emerging growth companies in various fields, including information technology, telecommunications, life sciences and cleantech, with all aspects of their formation, development and funding, from the initial idea through liquidity. Our team-oriented approach offers clients access to attorneys who are familiar with and understand their products, technology and business models.

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San Diego Venture Group is a non-profit business association with a mission to support and promote the venture capital and start-up company eco-system in the San Diego region. Our 800 members include venture capitalists, entrepreneurs, experienced executives, and professionals who support them.

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Hera Hub is a spa-inspired, coworking space for female entrepreneurs in San Diego. This as-needed, flexible work and meeting space provides a productive work environment for women. Affordable monthly membership options are perfect for freelancers, independent consultants, entrepreneurs, nonprofits and authors.

Hera Hub members have access to professional office space to meet with clients and are able to connect and collaborate with like-minded businesswomen, giving them the support they need to thrive. It is the perfect place for collaboration, community, credibility and visibility.

Grad Profile: @EventStir crowdsources the event funding process

Posted by Emma Tzeng on 2013-02-10

Grad Profiles highlight the personal and professional stories of Founder Institute Graduates from across the globe.

This profile on EventStir, a graduate of the Washington D.C. Founder Institute, was written by Emma Tzeng. Founded in 2012 by Sajad Ghanizada and Andrew Mason, EventStir minimizes risk during the event planning process through its crowdfunding platform. 

 

 

Planning an event is no simple task. Taking into consideration the monetary, time, and labor costs, it’s crucial for event planners and sponsors to effectively evaluate the benefits and risks associated with the successful execution of their event. 

Washington D.C.-based startup EventStir understands the complexities that go into event planning. Thus, it wants to help event producers minimize risk by providing crowdfunding for events. In this way, event planners can gauge the general demand for a proposed event before finalizing the planning process.

“It’s a win for attendees since they show up to events they actually care about and a win for event organizers because they can test out larger than life event ideas at no risk,” remarks co-founder Andrew Mason in a press release

Founded in 2012, EventStir launched publicly last December. Before the official launch, Mason and co-founder Sajad Ghanizada tested the product by using it to plan the startup’s launch party, which was held on a yacht and estimated to cost $4,500 for the boat rental alone. Keeping in line with EventStir’s promise to help fully fund the venue by a set deadline, Mason and Ghanizada asked supporters to pledge $65 for a spot on the yacht.

Running the real-life test launch helped the co-founders tweak the product to boost pledge numbers. When the final product was ready to be rolled out to the public in December 2012, it had already been used to help fund over 100 events during its meta-launch period.

Anyone can sign up for EventStir without charge. The startup charges a five percent service fee for each event crowdfunded on its platform. Businesses can also sign up for the enterprise access package, which allows them to crowdfund their own events for a small monthly fee.

As much as the Internet has allowed people to connect in ways like never before, it would be ignorant to underestimate the value of face-to-face interactions. EventStir makes those in-person experiences possible and more efficient by offering a solution for individuals and organizations looking to plan exciting, unique events while minimizing risk.

 

Learn more about EventStir:

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