Frequently Asked Questions

The following is not and should not be construed as legal, financial or any other type of advice and cannot be relied upon. You should obtain your own professional advice.

The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs as this information does not take into account these issues.

Ipi Future Holdings Pty Ltd or Horizon Capital Management Ltd do not guarantee or otherwise provide assurance in respect to the performance, merits or otherwise of any project or campaign listed on this site. It is essential that prior to any investment you should seek professional advice from your own financial, accounting, legal or other adviser.

Who is igniteme™?

Ipi Future Holdings Pty Ltd ACN 610 683 068 (“Ipi FH”) owns and operates igniteme™.com.au. Ipi FH is 100% Australian owned and managed, please check out the igniteme™ team page for bios and roles, [insert link].

What type of campaigns are listed on igniteme.com.au?

There are three types of campaigns:

  1. Equity or debt raises by non-listed public companies pursuant to information set out in the disclosure;
  2. Rewards based where project owners seek a contribution and in return the contributor receives a non-financial reward; and
  3. Charities where the purpose of the fund raise is ostensibly philanthropic

Why did we start igniteme™.com.au?

The short answer is, no one else is doing exactly what igniteme™ does. The igniteme™ platform allows project owners to present opportunities to all Australians.

A further motivation in the genesis of igniteme™.com.au was that we wanted to assist SME’s raise funds cost effectively and be a quick, real alternate to typical institutional funding. So, in other words, igniteme™.com.au is open to all businesses and, all Australians.

We see ourselves as part of the government’s Growing Jobs and Small Business policy and its innovation and ideas mantra.

What is the Talbot’s work counter on the igniteme™ home page?

The igniteme™ work counter is an estimate of the number of people that will be sustained or created should the projects that are currently listed be funded plus those from projects that have already been successfully. Talbots, (a chartered accounting firm) does the analysis and provides the estimate for the Talbot’s job counter.

What is igniteme.com.au?

igniteme.com.au is platform that intends to operate 24/7 365 days a year. It hopes to facilitate the matching of projects with investment or other funds. As a registered user you will discover, learn about and are able to invest in Australian enterprises that are seeking funding. The investment process is simple and easy to use, it is secure and safe.

For an enterprise, not matter which sector you operate in, adequate funding is essential. igniteme.com.au can help your business grow and thrive and it can assist in achieving your commercial objectives.

Does igniteme charge a fee? Our fee is usually a flat 10% of the total funds raised. In respect to campaigns with disclosure documents our fee is disclosed in the disclosure document for that particular project. Our fee is paid by the enterprise, usually out of the funds raised.

How does igniteme™.com.au work

OVERVIEW

At igniteme.com.au subject to certain terms and conditions you can invest in, donate or contribute to campaigns listed on the site. Whether you make an investment, contribution or donation will depend on the nature of the particular campaign you wish to support.

And, at ignite.com.au and subject to certain terms and conditions, you can raise funds for your project, business or charity. The three categories of campaigns available to you are (1) a debt and/or equity raise for non-listed public companies; (2) contributions (rewards based); and (3) donations to your charity.

INVESTING (debt /equity raises for non-listed public companies)

Please complete the following easy steps as per the disclosure document:

Step 1 – Register then receive your login username and password.
Step 2 – Download the disclosure document from the campaign page you are interested in. Read the disclosure document, seek your own financial, investment and legal advice.
Step 3 – Complete and submit online the application form from the disclosure document and upload your identification document(s).
Step 4 – Make your investment via the site’s online payment system or via EFT using your unique code.
Step 5 – Subject to what is set out in the disclosure document, once the target amount is reached, you will receive the security (share or other instrument) from the non - listed public company concerned.

Alternate to Steps 3 & 4 above, you may wish to complete a hard copy of the application form (found at the rear of the disclosure document) and post it and other required documents with your cheque to the address noted in the disclosure document.

What will happen in the event that the target amount is not reached will be set out in the relevant disclosure document.

Igniteme.com.au does not provide financial or other advice. Investors should obtain independent financial, investment and legal advice prior to making an investment.
DONATING/CONTRIBUTING

Please complete the following easy steps:

Step 1 – Register then receive your login username and password.
Step 2 – Complete and submit the campaign’s online form and upload documentation.
Step 3 – Make your donation/contribution via the site’s online payment system or via EFT using your unique code.
Step 4 - The project owner will then be in contact with you with respect to rewards (if any) and other information.

RAISING FUNDS – NON LISTED PUBLIC COMPANIES

To raise funds, please complete the following easy steps:

Step 1 – Register on igniteme.com.au, obtain a user name and password then submit to us, via the platform, a brief summary of the project you wish to raise funds for.
Step 2 – We will review your summary.
Step 3 – We will then advise you of the outcome of our review. Should our review be favourable we will then invite you, subject to certain terms and conditions, to raise a campaign for the project. Please note that only non-listed public companies can raise an equity / debt campaign on igniteme.com.au.
Step 4 – We enter into an agreement (or agreements) with the non-listed public company and its directors in respect to the proposed campaign.
Step 5 – At your cost, the directors of the non-listed public company will cause to be prepared a disclosure document as required by the law that will be available for the prospective investors to download or otherwise receive. The disclosure document will be reviewed by our lawyers at your cost prior to posting it on the platform. In addition you will be required to provide the campaign text, photos, graphics and other relevant multi-media. The provision of these items is also at your cost.
Step 6 –The non-listed public company’s campaign is presented on the platform together with the disclosure document and other material.
Step 7 – Prospective investors submit funds to a third party trustee pending the reaching of the target amount of the campaign.
Step 8 – Subject to what is set-out in the disclosure document, once the target amount is reached, funds are released and the securities (shares) are issued to the investors.
What will happen in the event that the target amount is not reached will be set out in the relevant disclosure document.

RAISING FUNDS – REWARDS BASED & CHARITIES

To raise funds, please complete the following easy steps:

Step 1 – Register on igniteme.com.au, obtain a user name and password then submit to us, via the platform, a brief summary of the project you wish to raise funds for.
Step 2 – We will review your summary.
Step 3 – We will then advise you of the outcome of our review. Should our review be favourable we will then invite you, subject to certain terms and conditions, to raise a campaign for the project.
Step 4 – We enter into an agreement (or agreements) with you.
Step 5 – At your cost you will provide the campaign text, photos, graphics and other relevant multi-media and details of a dedicated bank account for the campaign. These items are at your cost.
Step 6 –The campaign is presented on the platform.
If there is a definite target amount, what will happen in the event that the target amount is not reached will be set out in the relevant campaign material.

Who can invest in projects listed on igniteme™.com.au?
All Australian residents over the age of 18.

Is there any guarantee that I will get my investment back and/or the return disclosed?
No. You may lose all of your investment and then some if you include fees and charges such as professional fees. Therefore, do not invest any more than you can comfortably afford to lose.
Investing in companies listed on igniteme.com.au. carries significant risks and is not suitable for all investors. You could lose all of or more of than your investment. We recommend that you seek independent advice and ensure you fully understand the risks involved before investing. The information on this website is prepared without considering your objectives, financial situation or needs. Consequently, you should consider the information in light of your objectives, financial situation and needs as this information does not take into account these issues.
Ipi Future Holdings Pty Ltd or Horizon Capital Management Ltd do not guarantee or otherwise provide assurance in respect to the performance, merits or otherwise of any project or campaign listed on this site. It is essential that prior to any investment you should seek professional advice from your own financial, accounting, legal or other adviser.

What are the risks for investors?
The risks are many. Some of the risks are set-out in the disclosure document, a document you must read before you make any investment.

Can I sell my shares once acquired?
The shares (or other securities) that you invested in will most likely, not have a ready market that would allow you to sell unless the particular company you invested in has entered into or will enter into an agreement with say a secondary market provider or others analogous to that.
The disclosure document will set-out the exit strategy for enterprises. For example, the directors may consider that there is an opportunity for what is known as a “trade sale” or to list the company on a stock exchange such as the ASX. This may provide you with an opportunity to exit and cash in your investment.
There may be particular rules regarding selling or otherwise disposing of your shares and these will usually be set-out in the disclosure document and/or the company’s constitution. As mentioned previously you should always seek professional advice.

What is over-subscription?
The disclosure document sets-out the amount the company wishes to raise. In some instances the disclosure document will permit what’s called oversubscription, meaning, in short, and subject to the offer rules regarding this issue as set-out in the disclosure document, the effect of oversubscription is dilution. That is, in percentage terms, you will end up with a smaller percentage than you might have thought. It is best illustrated by example:
A company seeks to raise $500,000.00 via a share issue. You invested $5,000.00 to obtain 1% of the offer ($500.00/$5,000.00 equates to 1%) The offer closes with a total subscription amount of $600,000.00, therefore your $5,000.00 now equates to 0.83%, ($5,000.00/$600,000.00).
There other methods of dealing with oversubscription, the offer rules including the rules surrounding oversubscription will be set-out in the disclosure document.
There are many good reasons for a company to accept oversubscription including cost and time efficiencies.

What is igniteme’s role once the campaign concludes?
The subscription money is held in trust pending the target being reached as per the disclosure document. Once the target is reached, the trustee forwards the subscription money to the company, less any fees and charges (including the igniteme™ fee) and the company issues the securities (e.g. shares, bonds).
That normally would conclude igniteme’s™ involvement the project. The same can be said in respect to rewards based campaigns and charity campaigns.