1. What is Ethio Fund?
Ethio Fund is one of the leading funding platforms for creative and Innovative Projects, as well as for agricultural and manufacturing. Every project related to Manufacturing, Agriculture, Art, Design & Technology, Films and Music can get fund over there. Ethio Fund includes all the job creating, enthusiastic, originative ideas from entrepreneurs in Ethiopia.
Each project which is on Ethio Fund is with clear intention, may be of making a short film, publishing a book or arranging a drawing or art exhibition. Or larger scale projects in the Medical and Manufacturing Space.
Ethio Fund is doing the necessary due diligence on all projects before they are listed on the platform.
2. How much does Ethio Fund charge?
If a project gets the required funds, Ethio Fund will charge a 10% fee to the funds from project creators. The payment processing is done with direct transfer to Ethio Funds bank account and passed on to the project after it is funded in full.
If the added projects didn't get the required funds, then we will refund the amount.
3. How backers get the info if a project will follow through?
Project creators place their prestige on risk when they add projects.
Backers need to check the projects who share a clear plan of how their added project will be completed, and which project creator have the history of other creative and innovative projects. Project creators need to share the links and information related to that project so that backers can make their decision of supporting the project.
Don't hesitate for getting more information from the project creator.