SMEs are looking forward to tokenizing their shares
June 22, 2021
Smartlands and Business Incubator Group Ukraine are pleased to share the progress on selection and onboarding the businesses to present them on the investment platform.
Since the end of March, the team of BigU has been conducting systematic work with Regional Development Agencies in Odesa and Kherson regions to select the most prominent companies for listing on the Smartlands platform. The results of this process were presented to Smartlands, and now we have twenty companies approved to be listed.
All the SMEs selected are qualified as low-risk investments and seek to raise from 10k to 50k USD.
The alternative investment platform offering SME shares is planned to be launched soon after the second stage of the real estate project goes live once Smartlands can operate under the Liechtenstein Blockchain Act.
‘This is a brilliant start to our SME selection process. After our work in Odesa and Kherson is accomplished, we will be dealing with the next regions to find the high-potential companies and start-ups in all the corners of Ukraine and help them thrive’. — said Eugene Barsukov, CEO of Business Incubator Group. Ukraine
Business Incubator Group Ukraine is a National SME Development Program based on Pro Bono services and partnerships. In coalition with the Ministry for Development of Economy, Trade and Agriculture of Ukraine, BIG U provides much-needed support and guidance to Small and Medium-size Business owners and Entrepreneurs on a regional level in Ukraine.
Regional development agencies are formed according to Government Regional Policy. They aim to promote the use of the internal potential of a specific territory.
Smartlands is a digital investment platform with a proven use case for tokenizing shares in real assets. Having its mission of tokenizing the real economy and bringing all its benefits to a broad audience, Smartlands develops alternative investments instrument offering for sale Initial Coin Offerings in asset-backed structures. The SLT is a cryptocurrency of the Smartlands ecosystem. It is limited to a maximum of 7.1mn tokens and runs on the Stellar open-source network.