Banks can only finance companies in a comparatively rigid framework. It is often difficult for companies to meet the desired parameters. Financing via SpaceStarters extends the financing mix and enables companies to adequately finance the planned growth. 

The use of SpaceStarters is free of charge for investors.

Registering on SpaceStarters is easy. We only need your name and your e-mail address. For an investment, your full address and tax number are also requested. Your data is necessary in order that the borrower (the company) knows who is his contract partner. These data are only available to the company in which you have invested. You will find more detailed information about the data protection in our detailed data privacy policy.

The best time is when you have informed yourself extensively about the project, are convinced of its opportunity, understand the risks, and can financially tolerate a total loss of your investment. 

You can invest in the campaign on SpaceStarters during the lifetime of a campaign. The duration of a campaign is usually between 90 to 180 days, depending on the financing volume.

Yes, that is possible.

Yes, you can either have your name and the amount invested displayed or remain completely anonymous. 

Your full address and tax number are required by the borrower (company) to report the interest-rate tax on your loan interest, with the tax number to the tax office. 

Yes, that is always possible. The German "Kleinanlegerschutzgesetz" (Small Investment Protection Act) makes it necessary that amounts over € 25,000 must be invested by a corporation or limited partnership. For private individuals the Act means that the total investment per company is limited to € 25,000.

Your investment takes the form of a subordinated loan. This legal form prescribes protection of smale investors in order to use the specific rules for crowdfunding in the "Kleinanlegerschutzgesetz",

Yes that is possible. There are different contracts for the three different investment profiles on SpaceStarters, which can be reviewed on the campaign profile after the registration. 

In order to better understand the detailed investment contracts, we have prepared an explanation for each contract. Here you can read on 4 pages in laymans terms about what the clauses in the contract mean for you as an investor. The summary for the investment agreement High & High can be found here (LINK), the summary for the investment agreement Medium & Positive can be found here (LINK), the summary for the investment contract Low & Solid can be found here (LINK).

You invest in a company. The company uses the invested amounts as described in the investment plan of the business plan. The capital is not allowed to be used for the settlement of old liabilities.

Startups and innovative medium-sized companies are applying to SpaceStarters. The companies are undergoing a rigorous screening process that we have developed based on our long-term investment experience. If the screening process is positive, companies are allowed to create a crowdfunding campaign on our platform. Further information about our screening process, you can find in the Project Terms and Conditions (LINK) or here (LINK). 

You have a 14-day legal right of withdrawal. During this time, you can withdraw from your investment without giving reasons. After the end of the revocation period your investment is valid, a resignation is no longer possible.

If the "Funding Threshold" is not reached, your investment will be returned within 14 days of the end of the campaign.

If the funding threshold is reached, the campaign can be extended to reach the funding target. When the funding threshold is reached, the loan agreements between the investors and the company are effective and the company can use the accumulated capital.

 If the funding threshold is not reached by the end of the campaign, the investors will receive back the full amount of the invested money.

The funding threshold is the minimum sum that must be collected before the company's accumulated capital can be used. The funding limit is the maximum amount that a company wants to collect.

You can either directly transfer your investment online via SOFORT Überweisung, or choose "manual transfer" as payment form. In this case, you can make the transfer as you would do also with other transfers.

You get a return on your invested capital (positive business development presupposed) and regular reports on the development of the company. With your financial commitment, you enable the realization of entrepreneurial goals and the creation of jobs. 

As an investor, you are a lender and have information rights, interest rates, rights to loan repayment and voting rights with regard to changes to the loan agreement.

When investing in a company, there is a chance of a total loss of your investment. Please, therefore, inform yourself extensively about the company and the planned project. The business plan, the financial analysis, the risk statements as well as the investment profiles used by SpaceStarters are helpful. Details on investment profiles can be found here (LINK).

Investors are required to pay the investment amount. In addition, you must keep your address and bank details up-to-date so that the company knows how to reach them, or where payments are to be made. 

In the case of an investment, there is the possibility of a total loss. Please also refer to our comprehensive Risk Warning (LINK). The professional and transparent presentation of the investment projects on SpaceStarter as well as our investment profiles help you assess the risk of a single project.

Returns from a subordinated loan is taxable income. How these are being taxed is depending on the tax residence of the investor. In Germany, these returns are subject to withholding tax.

The duration of investment contracts is between 24-60 months, depending on the campaign and the investment profile. The duration can be in special cases also longer. 

Due to the qualified subordinate loan, you can not cancel the loan during the term. A sale of the loan is possible at any time as long as there is a buyer.

This depends on the investment profile of the loan agreement:

High & High: The loan is repaid at the end of the term in 12 monthly installments.

Medium & Positive: The loan is repaid at the end of the term in two installments. The first installment is due at the end of the term, the second installment six months later.

Low & Solid: The loan is repaid in full at the end of the term. Repayments during the term are possible.

Delays in the development of the project are relevant to you as an investor only if they result in the company being unable to pay loans and interest in accordance with the contract. If this is the case, the loan continues to run on the basis of the subordinated loan and is subject to further interest. In this case, the company will contact all investors and submit a concrete proposal on how to proceed.

No, investors are not liable in case of insolvency. However, in the event of insolvency, investors are likely to experience a total loss of their investment.

In the profit-/ earnings-report, the company explains the financial result for the past financial year and describes the interest rate for the investor. 

Yes, after the completion through the company, they are available on SpaceStarters.com in the investor relations area. 

Interest payments and loan repayments depend on the investment profile of the campaign:

High & High: Interest (rate on the increase in company value) are paid at the end of the term. The loan is repaid at the end of the term in 12 monthly installments.

Medium & Positive: Interest is paid annually (percentage of the company's turnover) and at the end of the term (share of the enterprise value increase). The loan is repaid at the end of the term in two installments. The first installment is due at the end of the term, the second installment is six months later.

Low & Solid: Interest is fixed in the investment contract and is paid quarterly or semi-annually. The loan is fully repaid at the end of the term. Repayments during the term are possible.

The company valuation is determined by the companies on the basis of selected valuation methods. You can find out more about the company assessment here (LINK).

You have 3 options:

• You can leave a comment on the campaign profile.
• You can send a private message to the campaign leader.
• You can contact SpaceStarters.

Samuel Gerlach is at your disposal for all your questions concerning crowdfunding campaigns on the SpaceStarters platform.

For press, media and marketing, please contact Marco Kaufmann. 

Click on the "Apply now" button under "For companies" and send us an email together with a short presentation about your company and your project.

In case of success, when the "Funding Threshold" is reached and you can use the funds invested, SpaceStarters will receive a reimbursement for the placement of 9% of the placed capital. An additional fee of 1%/ year (max. 5 years) is payable for investor communication and pooling.

SpaceStarter is the first Crowdinvesting platform in Germany, run by experienced investors who have more than 18 years of professional investment experience. Crowd financing at SpaceStarter can be combined with venture capital and business angel financing. The contractual arrangement in the form of subordinated loans is an attractive form of financing for companies.

A fundraising campaign on SpaceStarters creates great attention and ensures a significant increase in the public perception of a company. The company is expanding its reach, which has a positive impact on all sales issues.

Crowd financing is open to any company. Also those who offer innovative products or services with B2B business models. Your business plan needs to be convincing and the risk / return structure attractive to investors. SpaceStarter offers its investors the unique opportunity to analyze the risk-return potential of an investment and to invest in 3 different investment profiles. Therefore, SpaceStarters is also an interesting partner for you if your company does not deal with consumer goods.

Medium-sized businesses can also benefit from crowdfunding. The SpaceStarter portfolio includes three categories of financial instruments (LINK) that are tailor-made for different growth phases.

The subordinated loans are not equity and therefore there is no legal restriction on the investment amount. Your campaign and business plan must be convincing and the risk / return structure attractive to investors. Then, even much higher amounts can be financed by the crowd.

A Crowdfunding on SpaceStarters is possible from a financing goal of 50,000 €. The maximum funding amount is € 6 million.

Venture Capital Investors and Business Angel give great importance to the fact that the shareholder and investor structure of companies allows future capital measures and company sales without great effort. The contracts that SpaceStarter provides for its investors and companies will fully meet these requirements. At the same time, the SpaceStarter team's has decades of venture capital experience what helps to optimize through Crowdfunding your company's financial growth and further financing 

Banks can only finance companies in a comparatively rigid framework. It is often difficult for companies to meet the desired parameters. Financing via SpaceStarters extends the financing mix and enables companies to adequately finance the planned growth. 

Startups and innovative medium-sized companies are applying to SpaceStarters. The companies are undergoing a rigorous screening process that we have developed based on our long-term investment experience. If the screening process is positive, companies are allowed to create a crowdfunding campaign. For further information on our screening process, please refer to the Project Terms and Conditions (LINK) or here (LINK). 

The company valuation is determined by the companies on the basis of selected valuation methods. You can find out more about the company assessment here (LINK).

No, the companies are not obliged to withhold interest rate tax and pay it to the tax office. The proceeds from the loan are interest within the meaning of § 20 paragraph 1 no. 7 of the Income Tax Act (EStG), which are subject to withholding tax, but which must be reported to the tax authorities by the borrower (investor) within the scope of the income tax declaration. We advise the company to point out to investors that interest is to be declared and taxed in the income tax declaration.

Subordinated loans with profit participation (subordinated loans) are debt capital and must be shown in the balance sheet accordingly. Since they have a qualified subordinate, i.e. in case of insolvency, they rank behind the demands of the external creditors of the company and replace simultaneously equity. It is advisable to refer to the subordination in the annual financial statements. This can be done, for example, in the appendix. If a so-called over-indebtedness balance is to be generated on the basis of a crisis situation, then the subordinated loans are counted as equity due to the qualified subordinated loan.

Samuel Gerlach is at your disposal for all your questions concerning crowdfunding campaigns, the SpaceStarters platform

Please contact Marco Kaufmann for press, media and marketing topics.