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ECONOMIC RECOVERY PROGRAM

Nift offers a proven, turnkey solution that quickly puts stimulus funds directly into the hands of local business owners.

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Jumpstart local economic engines in a way that’s Jumpstart local
economic engines
in a way that’s

predictable, controllable, verifiable, fast, transparent and without waste. predictable, controllable,
verifiable, fast, transparent
and without waste.

  • Stimulus Funds
    are added to Nift’s
    escrow account
  • Stimulus Funds are added
    to Nift’s escrow account
  • e-Gift Cards
    are distributed
    to residents,
    like Mary.
  • e-Gift Cards are distributed
    to residents, like Mary.
  • Patented algorithmic
    matchmaking technology

    finds Mary two gift options:
    Jill’s Salon and Pete’s BBQ.
  • Mary selects Jill’s Salon
    and $30 is transfered
    from the escrow account to
    the salon’s bank account.

Every stimulus dollar goes
directly into the local
economy, generates sales
tax revenue and delivers a
6x return on funds
invested.

Nift’s municipal economic recovery program
distributes prepaid e-gift cards to people in the
community. Through the use of our patented
matchmaking technology, those e-gift cards connect the
right people with the right neighborhood businesses,
generating foot traffic and distribution of stimulus
funds via direct deposit to all participating merchants.

Beyond first visit revenue, which is generally double the
e-gift card amount, we see customers return several
times throughout the year, resulting in much needed
cash flow and the promise of new loyal customers.

  • 12k

    OFFERS USED
  • 1,000+

    LOCAL BUSINESSES
  • $425k

    DISTRIBUTED TO BUSINESSES
  • 90%+

    BUSINESSES RECEIVED MONEY
    Nift's patented matching technology
    ensured an equitable distribution of funds
    for all businesses across the state.
  • 20,000+

    CUSTOMERS PARTICIPATED AT LAUNCH
    The program distributed all available offers to
    residents in less than 2 hours.
  • +62%

    CUSTOMERS REPORT SPENDING 62%
    MORE THAN THE GIFT AMOUNT.

    Based on 3,197 redemptions reported just
    three weeks after program launch.

Proven Results

State of Vermont — Fall 2020

#BuyLocalVermont is a free program for Vermont businesses and residents that brings in the foot traffic needed to quickly increase sales for Vermont businesses impacted by the COVID-19 pandemic. Powered by Nift, the program distributed CARES Act funding via a limited time $30 offer given to residents on a first come, first served basis.

  • “Not only did we receive nearly 20 customers in the first couple of hours that the gift cards were made available, but they are also all new customers who may not ever have found us otherwise. I also really appreciate the excellent customer service, how quickly you responded to me, and how friendly and helpful you were!”

    “Not only did we receive nearly 20 customers in the first couple of hours that the gift cards were made available, but they are also all new customers who may not ever have found us otherwise. I also really appreciate the excellent customer service, how quickly you responded to me, and how friendly and helpful you were!”

    —Stephen Kenary, Owner, Gypsy Coast Co.
  • “The Buy Vermont $30 gift card brought us 16 orders! This is huge for our little business because our sales are down 78% due to the pandemic. PLEASE consider extending this program. It is really helping our little state.”

    —Amy Lems MBA, Owner, Vermont Organic Solutions
  • “As we look at the list of people who have selected us, we see a LOT of new names.”

    —Karen L. who shopped at Goldenseal Apothecary
  • “The $150 stimulus money that this guest received from this program will translate directly to out lodging business as an approximately $600 sale for those three nights. Additionally, these newlyweds will of course be dining, shopping, and most likely taking advantage of attractions while here in Stowe that will then a net add onto that direct spending.”

    —George Lewis, Owner, Brass Lantern Inn
  • “This was the perfect way to inject quick money into a business like mine.”

    —Lisa Mattei, Owner, Living the Dream Alpaca Farm

Proven Results

Lawrence, Andover and North Andover, MA

Nift helped to power the economic
recovery of Lawrence, Andover and
North Andover
after gas explosions
devastated the area. Distributed as part of
the Rock the Register campaign, Nift cards
are the reason 11,000 people started
shopping there again, bringing cash flow
back into the Main Street businesses that
had been shut down for months.

  • “We have to get at the heart of the problem and
    that is most businesses have lost their core
    customers. They don't have the funds to market
    and rebuild their customer base. THAT IS WHAT
    ROCK THE REGISTER IS FIXING!!”

    “We have to get at the heart of the problem and that is most businesses have lost their core customers. They don't have the funds to market and rebuild their customer base. THAT IS WHAT ROCK THE REGISTER IS FIXING!!”

    —Janet N. Owner, Pronto Pizza

    Email Sent to Lawrence Mayor's office,
    October 03, 2019
  • “Looking forward to doing more business at
    Curiosity.”

    —Lydia P. who shopped at Curiosity, Lawrence
  • “I will definitely go back.”

    —Karen L. who shopped at Goldenseal Apothecary
  • “The restaurant was clean and the location was
    easy to find. I will definitely be back!”

    “The restaurant was clean and the location was easy to find. I will definitely be back!”

    —Tina M. who discovered J&M Subs, Seafood & Pizzeria
  • “The food is great & so is the staff.
    I will be here more often.”

    —Jesianette L. discovered Heav'nly Donuts North Andover
  • “It was wonderful! Certainly will return.”

    —Resident who discovered Dovetail Apothecary
  • “Very good! Will definitely go back.”

    —Resident who ate at Pollo Centro
  • 11k

    GIFTS REDEEMED
  • 131

    LOCAL BUSINESSES
  • $425k

    DISTRIBUTED TO BUSINESSES
  • +$340k

    MORE SPENT BY CONSUMERS
    IN THEIR FIRST VISIT
  • 88%

    RETURN TO THE IMPACTED BUSINESS
    To date, 88% of those who used a gift have
    already returned, or intend to return to that
    business again.
  • 6x

    RETURN ON INVESTMENT
    Every dollar spent is a dollar that goes
    directly into the local economy, generates
    customer loyalty, and lifetime value.

All participating businesses
receive needed cash flow,

foot traffic, and the promise of new loyal
customers.
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Member Businesses

0

People

0 M+

Gifts Given

$ 0

Generated in Sales
Nift customers are local, engaged and invested
  • Millions of people, thousands of local businesses across the United States
  • 50% redeem the gift card within 4 weeks
  • 77% spend more than the gift amount
  • 88% return to the business