Dragon Innovation, a Massachusetts company that consults with hardware startups, built a crowdfunding site last fall to help aspiring gadget makers fund their projects. In exchange for its $5,000 upfront fee and a 5 percent cut of the funding, Dragon promises lots of hand-holding to help entrepreneurs succeed in the difficult business of manufacturing complex electronics. Now Dragon is pitching another enticement: It will offer any project that raises at least $1 million from supporters another $100,000 in seed investment.
Image: http://www.businessweek.com
To read the original article: Dragon Innovation Goes From Crowdfunding to Seed Funding - Businessweek
