Press release: New LatAm online platform co-founded by Endeavor Entrepreneur announced at Endeavor Summit
Press release reprinted from Business Wire
SAN FRANCISCO–(EON: Enhanced Online News)–During the biennial 2011 Endeavor EntrepreneurSummit, the landmark event hosted by the global nonprofit organization that transforms emerging countries by support high-impact entrepreneurs, the official launch of IDEAME.com was announced as well as the successful completion of its first round of financing.
“There is an extraordinary pool of creative and innovative talent in Latin America which faces obstacles to find funding. IDEAME.com will fill that void by providing the necessary resources for those artists to turn their dreams into reality, and we think it’s a great initiative.”
The fundamental goal of IDEAME.com is to provide financial support for creative and artistic Latin American talent in all their expressions turning their ideas into reality on a global stage. Through innovative social networking and value-added technological services, IDEAME.com will allow creatives and artists to share their ideas with an online community, providing those members with the opportunity to take an active role in the development and execution of various projects and initiatives all on one platform.
IDEAME.com will serve as the conduit for projects by local talent, which often fail to come to fruition due to lack of financing, to be shared and allow the public to participate in creative endeavors of interest and worthy of development, thus capitalizing on the spirit of community and stimulating local economies.
According to Sebastian Uchitel, general manager of IDEAME.com, “The collective financing model, also known as ‘crowdfunding,’ has grown exponentially in recent years thanks to social networking.” Uchitel highlights that: “our platform seeks to secure financing for creative projects in Latin America in a variety of areas, including music, cinema, visual arts, design, fashion, innovation and technology. In the United States, sites like www.kickstarter.com and www.quirky.com, and international sites like www.verkami.com and www.pozible.com.au are already helping creative talent by raising millions of dollars in financing in exchange for gifts and other rewards. We are adapting those successful models on a global level to meet the needs of artists and creative talent in Latin America.”
The company has secured the support of a group of investors of notable prestige with a solid track record in online and creative throughout the region. “Among the investors are Eduardo Costantini Jr. (who served as executive director of the MALBA Museum for five years, cofounder of MUBI and president of Costa Films), Boris Hirmas Said (vice chairman of Yellow Pepper and a member of the Latin American Committee of the Tate Museum in London) and [Endeavor Entrepreneur and Global Board Member] Wenceslao Casares (founder of Patagon and Bling Nation), just to name a few of the most prominent investors,” added [Endeavor Entrepreneur] Mariano Suarez Battan, the renowned entrepreneur who sold his company Three Melons to Playdom/Disney in 2010 and one of the cofounders of IDEAME.com.
“There is an extraordinary pool of creative and innovative talent in Latin America which faces obstacles to find funding. IDEAME.com will fill that void by providing the necessary resources for those artists to turn their dreams into reality, and we think it’s a great initiative,” said Eduardo Costantini Jr., who will serve as chairman of the company’s board of directors.
The company plans to launch the platform in August 2011. The market rollout will initiate in Argentina and Chile and later on expand to other Latin American markets, including Mexico, Colombia and Brazil.