Frequently asked questions
What is Innovative Ideas Resources Network (IIRN)?
IIRN is a cutting-edge real-time API platform that connects business idea seekers and investors globally. It facilitates the funding of entrepreneurial projects and helps innovators realize their dreams.
How does IIRN work for entrepreneurs and innovators?
Entrepreneurs and innovators can use IIRN to showcase their business plans or innovative projects to potential investors. The platform offers tools and resources for preparing business plans, refining pitches, and identifying target investors.
What types of projects can be funded through IIRN?
IIRN caters to a diverse range of projects, including business ventures, musical productions, technological innovations, vintage car collections, properties, and more.
What is fractional business ownership and how does it work on IIRN?
Fractional business ownership allows investors to acquire shares in a company in smaller fractions, making it more accessible. IIRN facilitates this process by providing a platform for fractional investment opportunities.
How does IIRN ensure legal and regulatory compliance?
IIRN strictly adheres to legal and regulatory guidelines, regulated by the Dubai Financial Services Authority (DFSA). Investments are held by protected holding companies within the Dubai International Financial Centre (DIFC), ensuring a legal barrier between IIRN and client assets.
What are the benefits for backers on IIRN?
Backers on IIRN can support various projects and often receive exclusive benefits such as discounted prices or special editions of products. They play a crucial role in bringing innovative ideas to life.
How can investors participate in IIRN?
Investors can browse and select businesses for investment on the IIRN platform. Once enough funds are raised, a Special Purpose Vehicle (SPV) is created to register investors' ownership, and they receive title deeds and share certificates as proof.
What kind of networking opportunities does IIRN offer?
IIRN fosters a vibrant community of entrepreneurs and investors, providing networking opportunities and facilitating connections between like-minded individuals to forge partnerships and collaborate on projects.
