ASSOB believes that 'all achievements, all earned riches, have their beginning in an idea'
Funds raised to date
The Australian Small Scale Offerings Board (ASSOB) is Australia's largest and most successful business introduction and matching platform for showcasing investment opportunities in high growth, unlisted Australian companies.
A wide range of businesses, from seed and start-up stage, to award-winning and government granted companies, as well as more established growth and expanding companies, have joined ASSOB seeking access to growth capital and a convenient forum to connect with stakeholders.
ASSOB combines peer-to-peer investment (or 'social' investment) with a venture capital approach, enabling entrepreneurs and early-stage organisations to accelerate company development and to efficiently connect with Funders.
What we do
We, promote capital raising campaigns of up to $5 million through our Platform and offer a marketing and distribution channel to inform potential investors of capital raising offers.
ASSOB also offers Australia's only facility for "secondary" sales of unlisted issued securities. Our services help businesses get visibility and the right investing audience.
However, ASSOB is more than just a capital raising platform we are a training ground designed to enable great people to launch great ideas with the right support. We offer value-added input through our due diligence, guidance, expertise and other active involvement, as required, to ensure that companies gain momentum and achieve their maximum potential during their time on the ASSOB Platform. We attend and sponsor community events and seminars so everyone can share and learn our know-how.
What we don't do
What we don't do is give or loan companies business capital, we don't take an equity share in companies, we don't publicly market investment opportunities outside of our subscription service and we don't give financial advice to anyone about companies profiled on our Platform.
ASSOB operates its Platform and compliance tools pursuant to the prescriptive requirements of ASIC Class Order 02/273 (Business Introduction or Matching Services) and section 708 of the Corporations Act (Cth) 2001. This provides for (in certain circumstances) an issue of securities being made to certain types of investors without a disclosure statement and regulated promotion securities offers. This is only a very basic overview. If you have any questions about how to interpret fundraising laws, please contact your lawyer.