Would you leave Florida to be able to raise $1 million?

Georgia Crowdfunding Investment Association

Georgia Crowdfunding Investment Association

JERRY CHAUTIN | February 17, 2014 | Herald Tribune – For $1 million, would you leave Southwest Florida and move to another state? Georgia is betting that you will to take advantage of its Invest Georgia Exemption, an intrastate equity crowd-funding law that permits entrepreneurs to raise up to $1 million in capital to start and grow a small business.

Invest Georgia became effective on Dec. 22, 2012 and, according to news reports, some companies that can’t raise equity through crowd-funding in their own state are moving to Georgia.

To comply with the Federal JOBS Act’s exemption for states, Invest Georgia requires that both the small business selling its stock and investors buying the stock reside in Georgia. Otherwise, the more constraining federal rules will prevail.

If you would rather not live in Georgia, other states are jumping on board to offer their citizens alternatives to the federal law. The Invest Kansas Exemption became effective Aug. 12, 2011, and Washington state and North Carolina are both close to passing legislation.

With much fanfare and promises for small-business owners, the federal JOBS Act was signed into law on April 5, 2012. It was touted as a new way for business owners to raise the capital they need by selling up to $1 million of their stock online to ordinary investors.

Most investors would be limited to buying $2,000 in stock, and they would not have to meet the income or asset test required for accredited investors.

But investors and small-business owners waited impatiently for the Securities and Exchange Commission to write its final rules so that equity crowd-funding could start….

Read more: http://www.heraldtribune.com/article/20140217/ARTICLE/140219702/-1/living?Title=Would-you-leave-Florida-to-be-able-to-raise-1-million-

CrowdFunding USA Conference- Expo May 1, 2014 Atlanta, Georgia


ForbesHow Crowdfunding Can Supercharge Your Campaign In 2016ForbesThey say that there are about 7.45 billion people living in this world right now. Imagine that if you could get each of these seven-and-a-half billion people to contribute one cent to your project, well, you know what I [...]

How Crowdfunding Has Changed the Startup GameSingularity HubCrowdfunding has become a multi-billion-dollar industry, funneling millions of dollars into thousands of projects. Technology in particular is one of the leading categories on popular fundraising platforms like Kickstarter an [...]

The GuardianCrowdfunding: the new buzzword for academics needing research moneyThe GuardianArchaeologist Dr David Petts, from Durham University, has also used crowdfunding, raising almost £25,000 to fund a project on Lindisfarne, off the Northumberland coast. The dig, in June, led to [...]

Crowdfund InsiderWhen It Comes to Retail Crowdfunding, SAFEty FirstCrowdfund InsiderOn September 22nd, Crowdfund Insider published a post summarizing the arguments presented in our new essay entitled “Crowdfunding and the Not-So-Safe SAFE“ (forthcoming in Virginia Law Review Online). [...]

CNNMoneyDorothy's fading red slippers saved by $300000 in crowdfundingCNNMoneyThe ruby red slippers worn by Judy Garland in the beloved 1939 film "The Wizard of Oz" are set to undergo a major conservation effort following a successful crowdfunding campaign. The Smithson [...]

Airbitz, BitPay, and Wefunder leverage bitcoin and new US ...Brave New CoinEquity crowdfunding platform, Wefunder, recently started accepting bitcoin. On the same day, popular bitcoin mobile wallet provider Airbitz announced the ...and more » [...]

BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

Equities.comEntrepreneurship in the Crowdfunding EraEquities.comBrandon Adams & Greg Rollett are the co-hosts of Ambitious Adventures: Reality TV for Young Entrepreneurs, so they've learned a thing or two about how to start a business. Here, Rollett and Adams talk entrepreneu [...]

Kiplinger Personal FinanceRaise Money for Personal Bills on Crowdfunding SitesKiplinger Personal FinanceWhile crowdfunding is often associated with business start-ups, many people are finding it a fruitful way to raise money for personal needs. Sites such as YouCaring, GoGetFunding, G [...]

AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comInvestors who make bets under the state's one-year-old crowdfunding law certainly have the potential to get in on the ground floor, but they must be patient and might not receive any returns. Th [...]

CFB Finance

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |