Friday, March 24, 2017

NC PACES Act Team Leader Named a Finalist for WRAL TechWire Awards

Triangle startup advisor and investor Mark Easley Sr. successfully led a 3.5 year effort to get a North Carolina securities law exemption passed which will help finance startups and small businesses in North Carolina.

Mark Easley Sr.
The North Carolina Providing Access to Capital for Entrepreneurs and Small business Act (NC PACES Act) enables a new way to finance startups and small businesses in North Carolina using investment crowdfunding. Any North Carolina based company can raise up to $2M using equity or debt finance offerings from any resident of North Carolina by following the registration, reporting, and procedure rules for the NC PACES Act. North Carolina accredited investors may invest any amount, and non-accredited retail investors may invest up to $5,000 per offering. The NC PACES Act was passed unanimously in the North Carolina General Assembly and signed into law by the Governor in July 2016, and is expected to go into effect after the regulations have been finalized in March 2017.

WRAL TechWire has announced the finalists for the annual TechWire awards. NC PACES Act team leader Mark Easley Sr. was nominated in 2 categories, ‘Most Noteworthy Startup Founder or Investor’ and ‘Most Noteworthy Enterprise Founder or Investor’ for his work on NC PACES.

Now the voting has started. Supporters of the NC PACES Act from the startup and small business communities can vote here, and this must be done by Friday March 31st:

This honor is shared with everyone who worked on and supported the NC PACES Act.