St. Louis, MO is a thriving hub of startup activity with nationwide attention and several innovation communities supported by a wealth of accelerators and angel networks. There is an energy and collaborative drive here to reinvent our City for the future. So we wondered. Could we provide another avenue to support our developing business community? Could we create a marketplace that offered compelling investment opportunities worthy of a nationwide audience that would also fuel economic growth in the St. Louis area at the same time? The idea for Nvsted was born.
Nvsted is the first hyper-local regulation crowdfunding platform designed to make it easy for investors and business owners to connect in St. Louis. We're not like other platforms that offer reward or perk-based crowdfunding. Nvsted is a marketplace to offer real securities to everyday investors wanting to get in on the action and support small and early stage businesses with the added perk of a potential return.
We're connecting those businesses in the St. Louis region with both non-accredited and accredited investors, and it's legal because Title III of the JOBS Act was enacted on May 16, 2016. This change allows business owners and entrepreneurs to seek capital from everyday non-accredited investors. Now, anyone can invest in start-ups and small businesses.