Over the last year here in the U.S., there have been a number of important developments in the investment crowdfunding exemption story. Many states are following in the footsteps of Kansas and Georgia, who were the first to implement in-state investment crowdfunding exemptions by regulation, and North Carolina, where we were the first to introduce an exemption by legislation.
As of today seven states - Kansas, Georgia, Michigan, Wisconsin, Washington, Indiana, and Alabama - have intrastate crowdfunding exemptions in place, four states - North Carolina, Florida, Texas and California - have legislation pending, and five more including Idaho, Colorado, Maine, Maryland and New Jersey are in various stages of considering the idea. Here is a comparison of several of these intrastate crowdfunding exemptions.
Many more states are expected to join the intrastate investment crowdfunding movement because it grows the economy from the ground up and creates jobs locally. And here is a statement from North Carolina Congressman Patrick McHenry, the original creator and sponsor of the the Federal JOBS Act, on why he supports state based solutions like NC JOBS.
In the startup community, which is so important for
Crowdfunding in general, and investment crowdfunding in particular have been growing very rapidly in the
Many more market segments are just beginning to use investment crowdfunding as a financing method. And venture capitalists are making major investments in a wide variety of crowdfunding platforms and services around the nation, because they see this as a major growth industry in the financial sector coming down the road. A report by nowstreetwire has more details on these trends.
It means we can benefit from these trends by helping our small businesses and startups to participate. We can make it much easier for them to find funding. And that funding will help them grow and create jobs. The NC JOBS Act investment crowdfunding exemption will be an important part of making it happen.
- Find and contact your North Carolina State Legislators and express your support.
- Tweet, email, or post a link to www.jobsnc.blogspot.com using #jobsnc #crowdfunding
- Sign up for email updates on the blog
- Follow on twitter @jobsnc2013