FAQ'S "Reward" Funding

Invest NewMexico.US

FAQ'S "Reward" Funding

How Do I Support A "Reward" Funding Campaign

Simply choose the "Browse" link at the top of the page. Browse the posted Campaigns and choose a Campaign that interests you. Review the presentation and choose the Reward level that meets the amount of funds you would like to contribute. Our secure payment process allows for payment and confirmation. Our team will keep you informed as to the progress of the project.

How Do I Create A "Reward" Funding Campaign

The first step is to "Register" with InvestNewMexico.us by linking to our easy to use Sign In form. The form requests your name, your email address and that you create a password. Your email and password will allow you to "Login" to your campaign. You may link to our "Register" form thru the Browse Campaign Link, Sign in Link at the top of any page or the "Reward Crowdfunding" green bar on the Home Page. You are now ready to create your Campaign page.

How Do I Create A "Reward" Campaign Page

After Registering with InvestNewMexico.us you are now ready to upload your campaign. To upload a campaign chose the "Create a campaign" link at the top of the Home page. Following the Step by Step process will allow you to successfully create your campaign.

Step 1 Basic Details - Here is where provide a summary of your project that includes: a "Small Image", this could include a logo or picture of your logo. Next you will chose a "Category" for listing from a menu of Categories. In the "Title" section give your campaign be descriptive as to what you are raising funds for. The "Short Description" is basically a summary of the campaign. InvestNewMexico.us only raises funds for New Mexico based entrepreneurs and causes so the "Country" and "State" information is pre-set. Please do enter the "City" information. At this point your are ready to Save and move on to Step 2.

Step 2 Funding Goals - You are ready to set your "Funding Goal". Be realistic as to the amount you plan to raise. We do allow "on-going" campaigns by non-profits. Please set you funding goal at $1. Money raised is paid out monthly. And finally chose the length of your campaign. If you are set up an on-going campaign set up at 365 days. At this point your are ready to Save and move on to Step 2.

Step 3 Your Story - Here is where you SELL your project or cause.

  

Short Summary: Show that you have an idea that supporters can be passionate about and that they can trust you.

  

Break it down in more detail: Tell how much funding you need and where it's going. Be transparent and specific - people need to trust you to want to fund you. Pitch the unique "Rewards" you're giving back. Get them excited! Explain how you will spend the funds if you don't raise your entire goal and what alternative funding you might propose.

  

Your Impact: Why is your project valuable, how does it contribute to the overall well being of the State of New Mexico and the World.

  

Show Other Ways to Support: Even if they don't contribute ask the supporter to help get the word out about your campaign. Remind them to use the campaign page share tools.

  

At this point your are ready to Save and move on to Step 4.

Step 4 Rewards or Perks - Here is where you create the Rewards offered to your contributors. Let them know what amount you are asking for "For this amount" and what you are offering "I am offering". Next describe "Describe it" what you are offering and how many of this item "Offering how many" you have of offer. And finally let them know when they will be receiving the item. Save this information and repeat the offer for as many offers that you might have. At this point your are ready to Save and move on to Step 5.

Step 5 Media - In this section are able to add media, video and images. For videos you can add a link to a YouTube video for example. Statistics show that those campaigns with videos raise more money. Our team can produce a video for you for a fee. (see Pricing) At this point your are ready to Save and move on to Step 6.

Step 6 Connections - In this section you can enter any URL links to the Social Media sites about you. This is very valuable to help sell your campaign and to find contributors. At this point your are ready to Save and move on to Step 7.

Step 7 Finish Up - This is where you set up payment to have your funds sent to you. Fees (see Pricing) will be deducted and net funds distributed. Funds will be sent out on a monthly basis. Save you campaign. This service is handled by our third party provider WePay. WePay is an online payment service provider focusing exclusively on platform businesses such as crowdfunding sites, marketplaces and small business software. InvesNewMexico.us at no point handles your funds.

Final Step - ALL CAMPAIGNS ARE REVIEWED BY MANAGEMENT FOR APPROVAL BEFORE GOING LIVE. YOU WILL BE ADVISED BY EMIAL IF APPROVED OR NOT APPROVED. STAFF WILL CONTACT YOU IF FURTHER INFORMATION IS NEEDED.

What Fees Are Charged for the Service

There is no fee for setting up a campaign. Fees are charged when someone supports your cause. All fees are paid to WePay, InvestNewMexico.us llc never handles clients funds. WePay is an online payment service provider servicing crowdfunding portals. Funds are distributed on a monthly basis. InvestNewMexico.us llc charges a 5% fee on all funds collected. Additionally, WePay charges fees for processing funds.

WePay's basic pricing structure is very straightforward: 2.9% + 30 cents for Credit Card Payment OR 1% + 30 cents for Bank Payments.

EXAMPLE CREDIT CARD PAYMENT: Payer is charged $100.00 - InvestNewMexico.us llc receives $5.00 - WePay receives $3.20 - Payee (Campaign) receives $91.80 (All major cards are accepted)

EXAMPLE BANK PAYMENT: Payer is charged $100.00 - InvestNewMexico.us llc receives $5.00 - WePay receives $1.30 - Payee (Campaign) receives $93.70