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New Crowdfunding Platform, ScitechStarter, Focuses on Science and Technology Innovators
Date:11/19/2012

OXNARD, Calif., Nov. 19, 2012 /PRNewswire/ -- ScitechStarter (http://scitechstarter.com), a new crowdfunding website for science and technology projects, is now accepting listing applications for ventures that require financial backing. The selected projects will be showcased on the site's official launch, scheduled for the end of 2013's first quarter. Approved projects are listed free of cost.

Crowdfunding is an Internet donation model in which entrepreneurs, inventors, scientists and other individuals asks the online public for monetary support. The model provides many with a welcome alternative to struggling to obtain traditional funds such as grants, and allows individual people to have a say in what type of work would be of benefit to society or the world.

"I wanted to invest in start-up companies that had promise and actually contributed to innovation," explained Joseph Baylon, owner of ScitechStarter. "I have a passion for science and technology, and I believe they are the driving force of the economy."

Baylon continued, "While there are other crowdfunding websites that cater to scientific projects and research, ScitechStarter differentiates itself from those sites via the broad array of scientific fields that we serve." The website's 30 categories cover all aspects of science, from aerospace and archaeology to science fiction to systems engineering to zoology. Each project undergoes review and requires approval before it can be launched.

After signing up at the website, project owners create a funding pitch that consists of a title, an overview of their project and a detailed description. Owners have the option of uploading files containing plans, images and other documents. In addition, owners can provide links to their LinkedIn, Facebook and Twitter and other social media accounts, and they can also provide project updates through the feed accounts.

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