We're always working hard to make sure companies can source capital as efficiently as possible. To achieve this, our focus has been on investing to deliver an efficient digital channel for Kiwi entrepreneurs and investors to connect, multiple options for raising equity, and partnering with market leading partners supporting New Zealand SMEs.
One of these which we haven't talked about much is the CF+ Fund. Run by the Entrepreneurs' Challenge, the CF+ Fund partnered with Snowball Effect to recognize and reward entrepreneurs who have demonstrated tenacity and innovation in capital raising. Accordingly, they have made up to $150,000 available to match significant investment raised by up-and-coming entrepreneurs through Snowball Effect. Entrepreneurs' Challenge chose to partner with Snowball Effect for this award due to Snowball Effect's market leading status, and because of the alignment that exists in the types of companies we are both looking to work with.
How to enter? There are a number of criteria for accessing the fund and these are outlined on the CF+ Fund website. Briefly, CF+ Fund is looking for small-to-medium enterprises across the country with at least a $1m per annum turnover who are seeking funding for a business development project or opportunity that will drive growth.
If you fit the bill and are looking at raising funds through Snowball Effect, then make sure you get in touch with us by completing an application form on our website.
For more information on the CF+ Fund, check out the website here.