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: , , ,


FortuneCrowdfunding: Women Better at Raising Money Than Men Are ...FortuneA new study has found that women are generally better than men at crowdfunding.Women are better at crowdfunding than men, shows study | The ...The IndependentWhy women join the crowd: Gender gap in bank lending, [...]

Banking Limitations Restrict Bisx Model For CrowdfundingBahamas Tribune#Banking system limitations are restricting the Bahamas International Securities Exchange's (BISX) development of crowdfunding and small business listing platforms, its chief executive has revealed. #Keith Dav [...]

Grand Forks HeraldWomen's WCHA launches crowdfunding campaign to improve leagueGrand Forks HeraldThat mindset led the WCHA to announce a crowdfunding campaign Thursday, July 20, to help fund the league's expenses and lessen the financial burden of the seven remaining schools [...]

Enterprise InnovationWomen are better when it comes to crowdfunding | IT-OnlineIT-OnlineWhile men are more likely to use seed crowdfunding than women, women are more successful in reaching their finance goal. This holds true in all sectors and...Women outperform men in seed crowdfundi [...]

Gamasutra (blog)Gamasutra: Anti Danilevski's Blog - The problems of crowdfunding ...Gamasutra (blog)The Art & Business of Making Games. Video game industry news, developer blogs, and features delivered daily.and more » [...]

CNBCAfrica.comCrowdfunding changing people's livesCNBCAfrica.comCNBC Africa's Tshepho Modiba is joined by Mosa Nyamande, Head of Operations and Technology at Khonology for a look at Crowdfunding, a method used to collect many small financial contributions by tapping into the [...]

How Women Trounce Men When Raising Seed Crowdfunding CapitalForbesMale entrepreneurs may account for the majority of business owners raising finance on crowdfunding platforms in the UK, but their female counterparts are far more likely to get the support they seek, new research shows. [...]

YourStory.comA crowdfunding portal ensuring total authenticity of cases, MeHelp lets you donate confidentlyYourStory.comIn March this year, Samiya Hafeez, a 22-year-old woman from Hyderabad, was arrested for running a fake crowdfunding campaign through which she collected almost Rs 22 [...]

The ACNC Crowdfunding Guidance Misses The Biggest Opportunity in Crowdfunding: TrustPro Bono AustraliaAs adoption of crowdfunding by the charity sector has been booming, it's promising to see the ACNC taking steps to inform charities about the potential to access new donors, in a [...]

KHOUSpace Center Houston crowdfunding to restore NASA's mission ...KHOUSpace Center Houston is now crowdfunding to restore the historic control room from the Apollo era.and more » [...]

CFB Finance


  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

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 |