(Waterloo, Ont. – July 2, 2013)The City of Waterloo is known for its community leadership in continuing to modernize the city to support its residents. With the advent of digital social media, the Waterloo community is more connected than ever before.
One of the major digital innovations enabling communities to help fund local city and community projects is crowdfunding - funding a project online via multiple donors, called the crowd. Whether the funding campaign is to support a local school park project, help buy uniforms for a local hockey team or to support a local entrepreneur in building a new product prototype,crowdfunding offers a new method to unlock neighborhood possibilities.
“Waterloo is a major advocate of technology innovation in our community and we are happy that iFUND chose our cityas their first Canadian municipal launch,” said Mayor Halloran. “We could not think of a better historical launch day than Canada Day on July 1st when official access to iFundWaterloowill be given to the community. I encourage residents of Waterloo to begin thinking about their crowdfunding campaigns and submitting them toiFUND’s new software portal.”
iFundWaterloo was created by iCROWDFUND Social Media Inc. (iFUND), an organization with a passion for intelligent cities and experience in building secure financial transactional software. In time, iCROWDFUND hopes to see Canada become an iNation, building an intelligent highway throughout all Canadian municipalities.
“Innovation is at an all time high in Waterloo and we need to continue to be bolder and bring new capabilities like crowdfunding and crowdsourcing to market,” stated Dr. Cindy Gordon, co-founder of iCROWDFUND Social Media Inc. “We are all about helping the small business or entrepreneur, social enterprise, or creative worker to strengthen our local economy and community by bringing traditional forms of fundraising online, making it easier than ever to secure funding for your particular pursuit.”
Supported by Bill Hutchison, national chair ofiCANADA, iCROWDFUND Social Media Inc. hopes to bring their vision to life – building the first intelligent crowdfunding highway coast to coast, so Canada can unlock new possibilities.
iCrowdFund Social Media Inc. Toronto, Ontario (HQ) - A SaaS cloud crowdfunding and crowdsourcing software platform & professional services company that supports diverse business models: WhiteLabelling Software, Joint Venture Partnerships, or Customized Programs to meet their client’s innovation and growth needs. They offer both on-demand crowdfunding software solutions and also a training solution offering via AcceleratorU. Early adopter clients include: AIESEC, the world’s largest student association, and The City of Waterloo. Launch partners include: AcceleratorU, CATA, and IT World Canada. The company’s vision is to: ‘unlock infinite possibilities to fund the future.’
The City of Waterloo is located one hour west of Canada’s busiest international airport – Toronto Pearson International. One of the World’s Top “Intelligent Communities”, Waterloo boasts a knowledge economy that is globally recognized and is home to major employers, such as BlackBerry, OpenText, Sybase, and TeleDyneDalsa. With a population of 130,000, Waterloo is also home to global think-tanks, the country’s leading finance and insurance companies, and world renowned post-secondary institutions. Waterloo’s prosperity is at an all-time high and consistently outperforms provincial standards for wealth, educational attainment, and talent.
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iCrowdFundSocial Media Inc.(iFUND):
Dr. Cindy Gordon