The First JOBSIMPACT Small Business Crowdfunding Index Released:

CrowdFunding Beat News Wire, Miami, FL –, Crowdfund Capital Advisors (CCA) in conjunction with The Crowdfunding Center published the first quarterly state crowdfunding rankings: “JOBSIMPACT Small Business Crowdfunding Index: Best to Worst Crowdfunding Environments for Entrepreneurship and Small Business.” The index reveals the impact of crowdfunding on jobs and entrepreneurial activity in every state and 100 cities across the USA. It assigns each city/state a JOBSIMPACT rating which is a first of its kind job creation indicator attached to the economic output from crowdfunding campaigns.

The results show almost 40,000 new jobs as a result of crowdfunding. While jobs created and the economic benefits are very unevenly spread across the USA, it does present a huge opportunity for legislators who focus on crowdfunding, entrepreneurship and entrepreneurs.

Barry James, Founder and CEO of The Crowd Data Center collected data on more than 150,000 live crowdfunds so far this year. He said, “The results are very striking. We can immediately see how crowdfunding has taken hold in places like Washington, DC and San Francisco and what it is capable of achieving. Some very promising challengers and ‘many in the middle’ follow this.  But there are whole states that look more like a desert and it’s, paradoxically, in these that the most pent-up potential most probably exists.”

Sherwood Neiss, Principal at CCA observed, “Mid-term elections are an ideal time for elected officials and policymakers to reflect upon local, regional and national competitiveness – especially how access to capital impacts startups, entrepreneurship and small business growth. Since the Financial Crisis, the capital market conditions haven’t improved for our nation’s job creators, which is why entrepreneurs and businesses are seeking new financing alternatives like crowdfunding.  Crowdfund capital-friendly cities, states and countries are much more appealing for entrepreneurs.”

Richard Swart, research director for CCA who helped validate the JOBSIMPACT rating said: “The funding environment for entrepreneurs, businesses, investors and the economy does not end at the federal level. All regulations matter, whether imposed at the federal, state or local level of government. The crowdfunding environment varies by state, and small business owners have taken notice. As we enter election season, it will be important for voters to understand where candidates for US Congress, Governors, Secretaries of State and Commerce as well as state legislators stand on all forms of crowdfunding including rewards/pre-sale, equity and debt crowdfunding. ”

Jason Best, Principal at CCA added: “Some states are situated well from an access to capital standpoint, with others moving in the right direction.  For example, Elected officials in states including Washington, DC, New York, Vermont and Oregon are enjoying the benefits of higher than normal utilization of crowdfunding. The leaders in these states have an opportunity to use this as a powerful point of differentiation in bringing innovative individuals and companies to their state. Increasingly candidates for office at both the state and federal level must have a strategy for effectively harnessing the power of the crowd in building small businesses.”

The “JOBSIMPACT Small Business Crowdfunding Index 2014” pulls together 40 different crowdfunding metrics, and combines those into one crowdfunding score that allows the 50 states to be compared and ranked. Among the variables included are new project/company starts, total number of project/companies, percent of fully funded projects/companies, average amount raised and total amount raised.

According to the “JOBSIMPACT Small Business Crowdfunding Index,” the 15 best states for crowdfunding are: 1) Washington, DC, 2) New York, 3) Vermont, 4) Oregon, 5) California, 6) Colorado, 7) Utah, 8) Rhode Island, 9) Nevada, 10) Massachusetts, 11) Maine, 12) Washington, 13) Montana, 14) Hawaii and 15) New Mexico.

The 15 most inhospitable state environments for small business crowdfunding are:

35) Texas, 36) Indiana, 37) Ohio, 38) North Dakota, 39) South Carolina, 40) Oklahoma, 41) South Dakota, 42) Louisiana, 43) Kansas, 44) West Virginia, 45) Kentucky, 46) Alabama, 47) Iowa, 48) Arkansas, 49) Nebraska, and 50) Mississippi.

Neiss concluded: “If legislators enable crowdfunding to flourish, then that will be good news for entrepreneurship, businesses, investment, economic growth and job creation in each state.  Elected officials from states ranking poorly have a great opportunity, as well as some work to do, to make themselves competitive from a small business and crowdfunding perspective.”

A state-by-state comparison report was sent to each US Senator and Mayors in the 100 largest cities in the USA.

To request a complete state and city rankings and read the JOBSIMPACT Report click here: JOBSIMPACT Small Business Crowdfunding Index.  To see how to read the report click here:

Click to see the examples of states that both excel (New York) and lack (Arkansas) in crowdfunding. Click here to see the USA report.

For more information contact:  Sherwood Neiss, via or 202-247-7182


Crowdfund Capital Advisors is a for-profit advisory, research and education organization dedicated to promoting access to capital via crowdfunding to protect small business and promote entrepreneurship.  For more information please visit is the world’s leading source of in-depth data, analysis and insights into Crowdfunding helping catalyze and power research directly and indirectly. They publish the quarterly “State of the Crowdfunding Nation” report having collected data on more than 150,000 live crowdfunds so far this year.


Tags: , , ,


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 [...]

hypebot.comAriel Hyatt On Crowdfunding, New Book [INTERVIEW]hypebot.comArielHyattBookcaseHiRes-1-672x372 In this interview Ariel Hyatt, founder and owner of Cyber PR offers her two cents on crowdfunding and success strategies, delving into personal experience as well as offering takea [...]

AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comWes Harrington is the founder and chief executive officer of NewSleep, a mattress manufacturer. His company has benefited from Arizona's new crowdfunding law, which allows investors to invest mo [...]

newsBTCAirbitz Launches Equity Crowdfunding Campaign To Develop New ...newsBTCAirbitz is looking to raise a minimum of US$100k during this equity crowdfunding campaign. So far, just US$2200 has been pledged.Airbitz to Leverage US JOBS Act to Raise Funding for ExpansionBitcoinist.netal [...]

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 [...]

MarketWatchWhy a crowdfunding site is giving out $10,000 scholarships ...MarketWatchIt's another indication that families are struggling with college costs.and more » [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

Business Wire (press release)BizWireTV Accelerator Report: AltSchool Looks to Reinvent ...Business Wire (press release)On the latest BizWireTV Accelerator Report, AltSchool enters the next phase of its mission: to enable all children to reach their full potential.and more » [...]

Crowdfund InsiderMassive Rule 147 Amendments May Be On The Horizon Impacting ...Crowdfund InsiderAlmost a year ago, the SEC proposed certain amendments to the current Rule 147 which were intended to help foster, and increase the viability of, Intrastat.and more » [...]

Mountain XpressFaces in the crowd: WNC crowdfunding initatives | Mountain XpressMountain XpressEach week, Xpress highlights notable WNC crowdsourcing initiatives that may inspire readers to become new faces in the crowd. This week features a feature ...and more » [...]

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 |