inKind+
Join the largest restaurant group working together to get through COVID-19
We are a group of independent restaurants selling ONE gift card which can be used across our network.
Why join the inKind+ group?
During this difficult time, we recognize that all restaurant owners need cash now to pay staff, rent, and other costs.
With current restrictions on service, it's extremely difficult to keep up with fixed costs without a steady revenue. This is why we have combined our infrastructure and resources to introduce a new type of funding.
This is not debt financing - you never have to pay it back.
As part of our InKind+ network, we will help you raise money through community financing. When guests purchase a gift card, they will receive credits and a bonus that will be redeemable at all venues in the group. We will market gift cards not just to your guests, but to all the guests in the network.
The more restaurants that join, the more powerful this will become, so we can all grow stronger together.
Supported by:
inKind x Asian Hustle Network x Boba Bear
With current restrictions on service, it's extremely difficult to keep up with fixed costs without a steady revenue. This is why we have combined our infrastructure and resources to introduce a new type of funding.
This is not debt financing - you never have to pay it back.
As part of our InKind+ network, we will help you raise money through community financing. When guests purchase a gift card, they will receive credits and a bonus that will be redeemable at all venues in the group. We will market gift cards not just to your guests, but to all the guests in the network.
The more restaurants that join, the more powerful this will become, so we can all grow stronger together.
Supported by:
inKind x Asian Hustle Network x Boba Bear
How inKind+ works
Get Added to inKind+
Submit your information below to get added to the group.
1
Sell Gift Cards
Use your social media channels, email lists, and network to sell group gift cards. Together we can all promote the group.
2
Get Cash now
Half of the money raised will be distributed to the restaurants in the group now. The rest will be held back and paid to the restaurants when people are using their gift cards.
3
Get Added to inKind+
Submit your information below to get added to the group.
1
Sell Gift Cards
Use your social media channels, email lists, and network to sell group gift cards. Together we can all promote the group.
2
Get Cash now
Half of the money raised will be distributed to the restaurants in the group now. The rest will be held back and paid to the restaurants when people are using their gift cards.
3
Add your restaurant to inKind+
Add your restaurant to the inKind+ network.
Please submit each location separately.
Please submit each location separately.
FAQs
What is inKind+?
inKind+ is a support network and group fund for restaurants. Any restaurant that joins the group will offer gift cards that can be redeemed across the entire network.
How does it work?
Each time a gift card is purchased, the money goes into the inKind+ fund. Every week, 50% of the purchases gets distributed up-front to all restaurants. Then the fund gives restaurants $0.33 for every $1.00 redeemed at your restaurant. This will provide you with the immediate relief you need as well as steady liquidity when you resume regular operations.
How do gift cards get sold?
Gift cards can be purchased at inkind.com/giftcard. All restaurants are responsible for selling as many gift cards as possible to their customers via social media and email (we'll send you sample marketing assets to share with your networks). We will also use our personal networks to get national press for this initiative so more people are introduced to the gift cards.
Does the gift card expire?
The gift cards do not expire, but the bonus credit given to the customer does expire in 3 years.
How do guests redeem the gift cards?
Once a customer buys, he or she will be emailed & texted a link to download the inKind Mobile App. They enter the bill amount at the end of their visit to your store and their account is charged.
Can Guests share the credit?
Yes! Guests can share any amount of their credit with friends and family.
What is the AHN Relief Fund?
We've partnered with Asian Hustle Network (a California Non-Profit Organization) to launch this initiative. 1% of all accounts sold will be donated to AHN. AHN will allocate funds at their discretion. We encourage you to join their Facebook group: https://www.facebook.com/groups/asianhustlenetwork/
Where is inKind+ being launch?
We are launching this network for all food and beverage establishments in California first. If you are not in California, please still apply. We will launch in places where we have the most number of applicants.
Why should I participate in the inKind+ network rather than setting up my own gift card system?
We believe in the power of a network and community. The more venues we have in the network, the more incentivized customers will be to participate, and the more funds we can distribute to everyone. Customers can be assured that even if some of the restaurants in the group do not reopen, they can still use their gift cards.
This is also an opportunity to expose your business to great customers in our community.
What are the bonus tiers of accounts that customers can purchase?
There will be three tiers: $100, $500, and $1000. Bonuses are 10%, 20%, and 30% respectively. In other words:
Customer Pays: $100. They Get: $110 in spending.
Customer Pays: $500. They Get: $600 in spending.
Customer Pays: $1000. They Get: $1300 in spending.
When will customers be able to start redeeming their credits?
Customers will be able to start redeeming credits on April 15. We understand that there are a lot of uncertainties at the moment and you may not be able to resume normal operations due to government restrictions. Don't worry, your customers will be able to redeem the credits later.
inKind+ is a support network and group fund for restaurants. Any restaurant that joins the group will offer gift cards that can be redeemed across the entire network.
How does it work?
Each time a gift card is purchased, the money goes into the inKind+ fund. Every week, 50% of the purchases gets distributed up-front to all restaurants. Then the fund gives restaurants $0.33 for every $1.00 redeemed at your restaurant. This will provide you with the immediate relief you need as well as steady liquidity when you resume regular operations.
How do gift cards get sold?
Gift cards can be purchased at inkind.com/giftcard. All restaurants are responsible for selling as many gift cards as possible to their customers via social media and email (we'll send you sample marketing assets to share with your networks). We will also use our personal networks to get national press for this initiative so more people are introduced to the gift cards.
Does the gift card expire?
The gift cards do not expire, but the bonus credit given to the customer does expire in 3 years.
How do guests redeem the gift cards?
Once a customer buys, he or she will be emailed & texted a link to download the inKind Mobile App. They enter the bill amount at the end of their visit to your store and their account is charged.
Can Guests share the credit?
Yes! Guests can share any amount of their credit with friends and family.
What is the AHN Relief Fund?
We've partnered with Asian Hustle Network (a California Non-Profit Organization) to launch this initiative. 1% of all accounts sold will be donated to AHN. AHN will allocate funds at their discretion. We encourage you to join their Facebook group: https://www.facebook.com/groups/asianhustlenetwork/
Where is inKind+ being launch?
We are launching this network for all food and beverage establishments in California first. If you are not in California, please still apply. We will launch in places where we have the most number of applicants.
Why should I participate in the inKind+ network rather than setting up my own gift card system?
We believe in the power of a network and community. The more venues we have in the network, the more incentivized customers will be to participate, and the more funds we can distribute to everyone. Customers can be assured that even if some of the restaurants in the group do not reopen, they can still use their gift cards.
This is also an opportunity to expose your business to great customers in our community.
What are the bonus tiers of accounts that customers can purchase?
There will be three tiers: $100, $500, and $1000. Bonuses are 10%, 20%, and 30% respectively. In other words:
Customer Pays: $100. They Get: $110 in spending.
Customer Pays: $500. They Get: $600 in spending.
Customer Pays: $1000. They Get: $1300 in spending.
When will customers be able to start redeeming their credits?
Customers will be able to start redeeming credits on April 15. We understand that there are a lot of uncertainties at the moment and you may not be able to resume normal operations due to government restrictions. Don't worry, your customers will be able to redeem the credits later.
