Manufacturer Gets Exclusive Access To New Crowdfunding Campaigns

Arrow Electronics has been given exclusive access to new tech crowdfunding campaigns at Indiegogo to see if the products can be adopted for Arrow’s portfolio.

If so, Arrow is not only providing access to Arrow’s prototyping tools, design process reviews, discounts on hardware and useful advice, but has promised to donate up to a total of $1,000,000 to between 20 and 50 campaigns. Arrow had a prior relationship with Indiegogo with a smaller donation promise.

This is an example of how an established company gets to “scout” advancements that they can take advantage of, something also being done in Silicon Valley by some of the more sophisticated VCs.
http://www.denverpost.com/2016/08/25/arrow-electronics-indiegogo-support-one-million-offered-makers-tech-products/

https://go.indiegogo.com/blog/2016/08/arrow-indiegogo-support-entrepreneurs-new-go-market-program.html

Advertisements

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Uncategorized, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s