New Funding Model Empowers Community Funding of Startups

For decades, only accredited investors were able to reap the benefits of investing in startups.  The risk was considered too much for the average person.  

A new funding model called Regulation Crowdfunding (Reg CF) enables anyone to invest in their favorite startup for as little as $100.  On December 10, Santa Cruz Works and Sail Community Capital will showcase four (4) local startups seeking funding:  Parallel Flight Technologies, New Way Homes, California Farmlink, and Carnot Compression.  Each startup will have 5 minutes to pitch their company.  Three VCs will then ask questions.  The audience will also have a chance to ask questions.  Anyone will have the opportunity to invest in their favorite startup during and after the event.   

Companies pitching include: 

• New Way Homes: Their innovative solutions for creating affordable and below-market-rate housing in Santa Cruz is scalable to the Bay Area and beyond.

  • Invest: https://wefunder.com/new.way.homes

• Parallel Flight Technologies: Their heavy-lift drone is the forklift of the skies, moving tools and supplies, and assisting firefighters across rough terrain.

  • Invest: https://www.startengine.com/parallel 

• Carnot Compression: Their patented solution reduces energy needs and cuts costs to produce oil-free compressed air—necessary for manufacturing, scientific research and more.

  • Invest: https://www.startengine.com/carnot-compression

• California Farmlink: They support the next generation of independent farmers and ranchers by linking them to land and financing, and emphasize sustainable practices.

  • Invest: https://www.californiafarmlink.org/farmlink-investment-notes/

Our esteemed VC panel includes:

• Karen Hargrove: Central Coast Angels

• Bud Colligan: Central Coast Angels, South Swell Ventures

• Craig Vachon: author of The Knucklehead of Silicon Valley , Central Coast Angels

Santa Cruz Works is a 13-year old 501c6 connecting, funding, and optimizing entrepreneurship in Santa Cruz County.   Press contact: Doug Erickson, https://www.santacruzworks.org/contact

Sail Community Capital is is a crowdfunding agency that works at the grassroots level, connecting startups and small businesses with their communities to raise up to $1,070,000 through Regulation Crowdfunding.