Jumpstart Our Business Startups Act The Jumpstart Our Business Startups Act or JOBS Act, is a law intended to encourage funding of United States small businesses by easing various securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. The term "The JOBS Act" is also sometimes used informally to refer to just Titles II and III of the legislation (an example is here), which are the two most important pieces to much of the crowdfunding and startup community. Title II went into effect on September 23, 2013.[1] Title III is still pending. Legislative history[edit] In November 2011, the House passed several bills aimed at economic revitalization,[2] including Small Company Capital Formation (H.R. 1070),[3] Entrepreneur Access to Capital (H.R. 2930),[4] and Access to Capital for Job Creators (H.R. 2940).[5] The Entrepreneur Access to Capital Act was introduced by Patrick McHenry (R-NC) and revised in collaboration with Carolyn Maloney (D-NY). Reception[edit]
US legalizes crowd funding, will India follow? | Finance & Funding | News | DARE - Because Entrepreneurs Do | By Satish Kataria, In what could be watershed day in the history of evolution of new funding and support platforms for start-ups and early stage ventures across the world – today, the US House of Representatives passed the ‘Entrepreneurs Access to Capital Act’. This makes it easier for businesses to raise funds through ‘Crowd Funding’. The legislation will now allow start-ups to use ‘Crowd Funding’ to sell unregistered securities as long as the total amount raised is USD 2 Million or less. also endorsed this bill and mentioned that this will hence reduce “the red tape that prevents many rapidly growing startup companies from raising much-needed capital.” The Entrepreneur Access to Capital Act “combines the best of microfinance with the power of crowd sourcing,” said bill sponsor Republican Representative Patrick McHenry, of North Carolina. Globally there are more than 70 crowd-funding platforms – but surprisingly we are the only structured players in India so far.
JOBS Act: 5 things to look forward to (and 5 to dread) | Rafe's Radar Today, President Obama passes the JOBS (Jumpstart Our Business Startups) Act, a collection of laws that relaxes regulations on capital raising for startup companies and gives all companies more flexibility in how and when they go public. It's the "crowdfunding" provisions of the JOBS Act that are getting the most attention, and for good reason. The JOBS Act will allow startups, from taco trucks to mobile apps builders, to solicit the general public for investment -- an activity that was previously illegal. It will allow any individual to invest in these advertised startups as well. The hope is that the increased transparency into small businesses will lead to more businesses starting, increased employment, and that it will encourage business and technological innovation in the U.S. There's a divide between Silicon Valley and Wall Street on JOBS. JOBS is good Mo' money for startups. JOBS is bad A field day for scammers.
Fondomat - raise money, fulfil your dreams Prepare for the onslaught of crowdfunding marketplaces | Rafe's Radar Crowdfunding will probably become a legal and government-approved way to raise startup capital--eventually. Congress needs to figure out how to pass a version of the JOBS Act for that to happen, but while there is bickering over key components of the Act, on the whole both parties agree that opening up startup investing to more people is the right thing Once this occurs, and small businesses can raise money from anyone, how will they find these new investors? And how will investors find the businesses they want to invest in? One of the first new information markets to come on the scene will be Crowdfunder. The competing site Wefunder has just shy of 3,000 early users, who collectively have pledged $7.2M in investment. Just as Kickstarter acts as a market for early work products of art and technology projects, these services will be information markets for early investment. Barnett says that the amount of money per transaction will be much higher than it is on Kickstarter.
crowdfunding for artists | kickstarter | indiegogo | crowdsourcing image by adesigna Is one of your New Year’s Resolutions to FINALLY get that big project done, the one you’ve been putting off forever? Do you want to make that film, release that album, create that jewelry line, or whatever your dream is, but don’t know how to get the startup capital? Consider crowdfunding as a way to get the momentum you need. I mean, why DIY when you can Do It With Others? Over the next weeks, I’ll be delving into the nitty-gritty of crowdfunding resources. Crowdfunding is a modern spin on patronage, made totally accessible and dynamic through the reach of social media. Kickstarter campaigns are restricted to projects that meet their guidelines, while IndieGoGo is much more open and requires no review period or approval for posting a campaign. Both sites allow you to choose the time frame for your campaign. On both of these sites, it is absolutely free to launch a campaign, but with funding come the fees.
crowdfunding / Crowdfunding Please request to get permission to edit this page. I approve people who appear legitimate so it helps to add a message with your request. Due to overwhelming amount of requests and spam, I am not activating any editors so instead please just send a brief description and URL of the crowdfunding project that you would like listed here. That is the main reason why people want edit access (as opposed to enhancing the article). Contact Michael Sullivan - sulleleven on gmail or @sull on Twitter. This content was written in 2006 and originally added to Wikipedia by Michael Sullivan. Crowdfunding, inspired by crowdsourcing, describes the collective cooperation, attention and trust by people who network and pool their money together, usually via the Internet, in order to support efforts initiated by other people or organizations. Overview Crowdfunding, like Crowdsourcing, is very much related to online communities and social networks. Influence of the crowd is another factor.
Crowd Culture