Boulderthon, billed as the fastest-growing running series in Colorado, is giving people a chance to invest in the business through a crowdfunding campaign on the SMBX marketplace.
Boulderthon is the first running event to launch on the SMBX platform, marking a new growth strategy for the running race. Targeting a US$124,000 investment, funds will be used for marketing and prize money to grow and enhance the event.
At the time of writing, investors have already committed over US$15,000. Interested parties can invest in Boulderthon on the SMBX marketplace for as little as US$10. The event organiser adds that they could earn 10% interest, and be repaid monthly over five years.
“After launching this event two years ago, we’ve seen our local community and the running community at large embrace Boulderthon in ways we couldn’t have imagined,” said Phil Dumontet, Founder and President of Boulderthon.
“We pride ourselves on ensuring every participant has a unique, personalized experience at our race – and we’re excited that they and others interested in supporting our future successes can deepen their connection to our event by investing through our SMBX offering.”
Boulderthon itself will take place on Sunday, October 8, 2023. It claimed to be thee second-largest marathon series in Colorado in its first year of existence, and the largest autumn/fall running event in the state.
In its second annual edition, Boulderthon drew runners from all 50 US states as well as 15 countries, as the marathon showcased the city of Boulder set at the foothills of the Flatirons.
In 2023, Active.com named Boulderthon one of the Top 5 Best Half Marathons in the United States.
‘After nearly tripling in size last year and selling out, Boulderthon has instituted a new 5,000 runner cap this year and is expected to sell out again.’
www.boulderthon.org
www.thesmbx.com
