NEW YORK, NY — (Marketwired) — 10/29/15 — EFactor Group Corp. (OTCQB: EFCT) (“EFactor Group,” the “Group” or the “Company”), the premier business network for entrepreneurs designed to provide a variety of tools and business services to help drive business success, today reiterated their successful partnership between the Group–s RocketHub subsidiary and Ovation, America–s only arts network. Both companies collaborated on Creative Studio, an initiative to support over 50 creative entrepreneurs seeking to crowdfund their arts-based projects. The 50+ projects will crowdfund their financing for 30 days on RocketHub–s dedicated partner page on RocketHub.com/creativestudio. Three creative entrepreneurs will be awarded an additional $5,000 each in funding to help boost their project on Creative Studio, as well as a chance to be featured on TV. The three winning projects will be announced on Wednesday, November 4, 2015.
and its partnership with RocketHub empowers artists and creators: filmmakers, musicians, dancers and everything in between. Ovation and its Creative Studio initiative focuses on the promotion of creative projects, as well as discovering and incubating the next generation of talented creators. An example of a Creative Studio project is singer/songwriter/performer/philanthropist will.i.am, from the Black Eyed Peas, who is participating in a new project through his i.am.angel Foundation. His project seeks to raise funds for a robotics program in Boyle Heights (East Los Angeles). The complete list of projects are included on .
“Crowdfunding is a perfect fit for Ovation–s goals to empower artists and creators,” said Stephen Dypiangco, VP, Ovation Digital Arts. “We reviewed several crowdfunding platforms, and are very pleased to have partnered with RocketHub. RocketHub–s successful track record in crowdfunding, its commitment to technology, and its diverse and creative community, were the characteristics which validated our partnership. Feedback has been very positive from both the artists and fans thus far. “
Resulting from the Ovation partnership, RocketHub reported a 32.7% month-to-date increase in traffic to its site compared to the previous month, September, 2015. RocketHub believes that such programs and partnership are expected to increase results in coming quarters. Rocket Hub–s performance will be reported as part of its reporting to EFactor Group Corp., its parent and publically-reporting entity under currently listed on OTC Markets under ticker, EFCT.
“Crowdfunding is all about exposure. A 50-million plus television audience through Ovation TV provides our users with unparalleled visibility,” began Brian Meece, CEO of RocketHub. “In the last two weeks, a combination of speaking engagements, televised segments, and our highly-valued partnership with Ovation TV has exposed crowdfunding and our community to an estimated 60 million people, worldwide. The continued practice of getting the word out is critical to the crowdfunding sector, and supports the many entrepreneurial projects active on RocketHub. We are is excited to continue to provide innovative value to partners such as Ovation TV and, in turn provide a similar value to all RocketHub clients through these collaborations.”
About Ovation
Ovation is an independent television and digital media company dedicated to celebrating and supporting all forms of arts and culture. Ovation TV, selectively curates and airs arts-related series, specials, documentaries and films. We also offer viewers an exciting line up of Ovation original productions. Ovation TV is available to nearly 50M subscribers via cable, satellite and telco systems including Comcast Cable/Xfinity, DIRECTV/AT&T U-verse, Time Warner Cable, Verizon FiOS, Charter Communications, Bright House Networks, and many other smaller providers and is offered in both standard and high definition, as well as on VOD. In addition, Ovation champions artists through the Ovation Digital Arts network, a unique artist community dedicated to supporting and helping talented YouTube creators grow their brands and businesses. Through The Ovation Foundation, the company is committed to advocating for the arts, nationally and locally, and has provided more than $15M in contributions and in kind support to arts institutions and arts education. You can follow Ovation on Facebook, Twitter, YouTube, Pinterest and .
EFactor Group Corp. is the premier business network for entrepreneurs designed to provide a variety of tools and business services to help drive business success. Through its wholly owned business services subsidiaries, EFactor Group provides its growing entrepreneurial community of over 1.9 million members with social networking and education, entrepreneur-focused business services, and financing opportunities including crowd funding. A proprietary selection and matching algorithm to offer specific content and resources tailored to each entrepreneur–s unique business needs. With members in every country in all 196 countries in the world across 240 industry groups, EFactor Group has built the only comprehensive entrepreneurial community that serves as a source of inspiration and ideas on platform that also consolidates essential services to foster business growth.
EFactor Group–s operations are categorized by the following Business Divisions:
1. Social Networking
2. Business Services
3. Funding options
For more information about EFactor Group Corp. () please visit: . Or see our company video .
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not statements of historical fact and often contain words such as “may,” “will,” “expect,” “believe,” “anticipate,” “plan,” “estimate,” “seek,” “could,” “should,” “intend,” “potential,” or words of similar meaning. Forward-looking statements are based on management–s current expectations, beliefs, assumptions and estimates regarding our company, industry, economic conditions, government regulations, energy policies and other factors. These statements are subject to significant risks, uncertainties, and assumptions that are difficult to predict and could cause actual results to differ materially and adversely from those expressed or implied in the forward-looking statements. These risks include risk factors described from time to time in the reports and registration statements we file with the Securities and Exchange Commission, including those in our most recent Form 10-K and any updates thereto in our Forms 10-Q. There may be other risks and uncertainties that are not currently known to us or that we currently believe are not material. We make forward-looking statements based on currently available information, and we assume no obligation to, and expressly disclaim any obligation to, update or revise publicly any forward-looking statements made in this release, whether as a result of new information, future events or otherwise, except as required by law.
Marion Freijsen
Co-Founder/COO
EFactor Group Corp.
Main: +1 650 380 8280
Email:
EFactor email:
John Mattio
Corporate and Investor Communications
EFactor Group Corp.
Main: +1 203 297 3911
Email:
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