Want to become a Serial Entrepreneur? Join our Team of Extraordinary Investors.
Investing in Re:LIFE comes with greater perks than just donating to a 501c3 Non-Profit. Besides the tax exempt benefits, Investors collectively own a portion of all student businesses sponsored by Investors FundPool per given year. For instance, all student businesses funded by the 2014 Investor FundPool will be part owned by the Investors who contributed to the 2014 FundPool.
The FundPool helps students jump-start their businesses, and in return, they give up part ownership of their businesses for certain number of years to the funding investors of the FundPool – YOU.
Investors are divided into two groups – Crowd Investors and Angel Investors
Crowd Investors
Crowd investing at re:LIFE follows the concept of Crowd-funding. All investors contribute a set amount of dollars to a FundPool and in turn, collectively own 3% of profits generated from sponsored businesses. Additionally, all Investment contributions are treated as donations to Re:LIFE and are tax deductible.
All contributors to the FundPool are recognized as temporary stake holders. FundPool contract lasts for 5 years.
2014 FundPool Donation: $300
Payment structure: Investors are required to complete payment within 6 months of making initial payment to enjoy Investor benefits. Ideally, this is a contribution of $50 per month for 6 months, or $100 per month for 3 months. To donate to the FundPool, please CLICK HERE.
Stakeholder Duration: 2014 to 2019 (5 years)
Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015. Communicate directly with Re:LIFE regarding all suggestions, comments, questions, et cetera, about student businesses.
Angel Investors
An Angel Investor can own up to 13 percent of any student business he/she sponsors. This includes the collective 3 percent stake owned by FundPool investors, and an additional stake of up to 10% of any student business the investor sponsors. As such, Angel investors enjoy all the benefits of Crowd Investors, in addition to owning up to a 10% stake in sponsored business, for 10 years.
For class of 2014 student entrepreneurs, Angel investment is broken down thus: First $300 goes into FundPool, then remainder goes to student business of interest.
Student Entrepreneurs who wish to seek funding from Angel investors vie for money via ‘Shark Tank’ modeled competition. Angel investors also compete for ownership stakes by serving as Judges in the competition.
2014 Angel Investors Minimum Donation: $1500+ ($300 goes to the FundPool, $1200+ goes to student business)
Payment structure: Investors are required to complete payment within 6 months of making initial payment to enjoy Investor benefits. To donate as an Angel Investor, please CLICK HERE.
Stakeholder Duration: 2014 to 2024
Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015. Communicate directly with Re:LIFE regarding all suggestions, comments, questions, et cetera, about student businesses. Work with student entrepreneur to implement business strategies and ensure business growth.
All monies invested are tax deductible and will go toward student businesses.
Students also have the option to opt out of funding from Re:LIFE or its investors.
Please feel free to contact Re:LIFE or email us at relife@relifeinc.org with any questions you may have about investing.
All interested candidates should Click Here to Apply. Other opportunities include Joining Re:LIFE’s Board or Becoming a Mentor.
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