Pitchmic

Pitchmic is an online crowdfunding platform that helps startup companies, SMEs, and MSMEs in Nigeria get access to funds through equity crowdfunding or Crowdlending. We help connect investors/borrowers with business owners who in turn pay back through equity profit or interest. 

When funds are provided for business owners or startup companies, they create more job opportunities and Lso add the economy of the country. 

Pitchmic is basically focused on providing funds to existing businesses and startup companies through various investors looking for businesses to invest in. 

Startup companies/business owners starts a fund campaign on the pitchmic platform, after which theu submit their application. We the platform owners view their application request, do our investigations on the legitimacy, feasibility and profit viability of their business. If they meet our requirements, we then publish their campaigns on our platform for potential investors/borrowers to see and invest. 

Ones a fund raiser gets their required funding, we help these investors manage their investments by breaking down and disbursing these investors funds into milestones. With this, the funds generated will be properly and channeled into what they are meant for. 

My solution serves entrepreneurs; startup companies, SMEs, MSMEs looking for funds to boost their businesses. Currently, the structure set aside by existing financial institutions are not not really catering for the fund needs of these businesses. Their strict policies makes it very hard for business owners to get loans or seek funds from them. 

The major problem facing most of the ideas and people we have come in contact with is funding. In pitchmic we will use our platform to help develop an ecosystem of idea and fund seekers specifically for my own community people, we are innovating, creative and lover of business and an average graduate is either roaming the street because of no jobs or is frustrated because of the high cost of living, our platform will help curb and reduce unemployment by helping ideas with funding and thereby making those business create job opportunities for others. . We have projected more than 1,000 jobs if small business are available and funded. . 

By providing funding to SMEs, MSMEs and startup companies in Nigeria, we will further help to connect entrepreneurs to investors looking viable businesses to invest in through our ecosystem where businesses and business ideas strive and this will encourage, groom and equip young entrepreneurs with business acumen and how to build sustainable business ventures.

Our is at the prototype stage. After building the first model of our business we decided to launch the version of that model. We then discovered that the model was not really solving the needs of our targeted audience. So we decided to change to the current model which is equity crowdfunding and Crowdlending. So far, the prototype version of the current model has gotten positive results and feedbacks

Crowdfunding is changing how entrepreneurs bring new products to market. It has allowed thousands of innovating entrepreneurs to raise money, build brand awareness, and join a broader conversation with large numbers of potential backers, all while still in the product development process. Examples of crowdfunded products include the Glif, whose creators raised more than $137,000 for the device, which allows smartphone users to prop their phones up at an angle or attach them to tripods, and the Oculus Rift, a virtual-reality gaming headset that raised $2.4 million via crowdfunding. Oculus VR was later acquired by Facebook Inc. for $2 billion.

Nigeria according statistics is a home for millions of young entrepreneurs with very business ideas. 

In my immediate community, has helped over 200 entrepreneurs by educating them on business development and helped provide funds for their business from 2019 to date. Due to lack of funding, we have been operating at low level but hope to reachout to more entrepreneurs and investors to help these young entrepreneurs build their businesses and ideas 

When businesses strive, jobs are created, there is increase in the standard of living of people. Pitchmic is out to help businesses both existing and new ones grow. We are building an ecosystem of young entrepreneurs who are willing to build a sustainable environment that strive without the government. 

5 people makes up my core team and 30 more work as part time 

So far, I have one of the best team of guys working with me. I am a seasoned entrepreneur with 8years experience in entrepreneurship. I have served as mentors to lots of young entrepreneurs and I am currently a mentor in the ongoing Tony Elumelu foundation grant for entrepreneurs in Africa. I good communication skill and delegate very well. I am good team player and team leader. I am an alumnus of the Startup Nigeria program that help build startup.

My business analyst Mr. Benedict Osond⁩ is a business consultant with over 6years experience in business feasibility study and business analysis and a seasoned chartered accountant. 

My CTO Mr. Chinonso Kalu is an experienced software developer with over 8years experience. He has worked with so many software companies and he he fluent with 16 programing languages

Miss Anna Udanoh is an experienced digital marketer with 4years in the digital marketing world with various digital marketing certifications 

Barr. Onyedika is our legal advicer. He is a seasoned lawyer and has been a serving lawyer for 7years now 

Pitchmic is opened to everyone not minding your ethnic group, religion gender or race. We strive to diversify our approach to solving problems that relates to businesses and and how they get funding 

We are applying to solve to seek for funds to help summount the barriers we are currently facing which includes funding, government regulations, company running cost. Also we're applying to also network with masters of industries to tap from their wealth of experience. 

To strive in today's business especially one with lots of competitors, we need people with more experience to partner with for strategic purposes. We also need access to capital to help boost our business. No business effectively without a proper brand recognition. So we are open to individuals or organizations who are willing to work with us to cause a change in the industry. 

First we would like to partner with branding organization. With their help pitchmic get to create lasting impression in the minds of our potential entrepreneurs and investors, also with go branding, our market penetration becomes seamless

Secondly, we are also opened to investors who wish to fund viable businesses in developing countries like Nigeria to partner with us. This help encourage younger entrepreneurs to come up with more business ideas which are viable and there helping to create more jobs in their immediate communities.