On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act, which allows startups and small businesses to raise seed and growth capital from ordinary Americans using "funding portals" registered with the Securities and Exchange Commission.
During the signing ceremony, Obama said, “For start-ups and small businesses, this bill is a potential game changer. Right now, you can only turn to a limited group of investors -- including banks and wealthy individuals -- to get funding… Because of this bill, start-ups and small business will now have access to a big, new pool of potential investors -- namely, the American people. For the first time, ordinary Americans will be able to go online and invest in entrepreneurs that they believe in.”
The seed for the JOBS Act was planted by Sherwood (Woodie) Neiss In August 2010.
Crowdfunding: The Quest For Capital Leads to the CapitolFiled under: PressTeams "Startup Weekend provided the ultimate customer validation. Not only does their model stress the importance of cu...- The road to crowdfunding was paved by a bipartisan coalition of organizations and individuals, including Ryan Feit.
- The Road to Legalizing Crowdfunding - The Thank You ChartNow that we did it, we want to acknowledge those of you who were actively responsible for working with us to make this possible!! There a...
- I met Ryan at Startup Weekend Philadelphia.
Philly Startup Weekend kicks off Philly Tech Week presented by AT&TLast night over 150 people met at Hamilton Hall at the University of the Arts with a simple but ambitious goal: create a startup in a sin...
- Ryan pitched SeedInvest.
- As a longtime advocate for minority entrepreneurs, I recognized that crowdfunding could indeed be a game-changer.
A Surprising Look at the People Most Likely to CrowdfundEditor's Note: The following comes to us from contributing expert, SoMoLend founder Candace Klein. It's also well worth your time to take...- So I joined Team SeedInvest, along with Alex Pittenger, Thomas Lyons, Kristiyan Georgiev, Jared Shockcor and Amy Reyes.
Day 2 of #PHLSW and #SeedInvest team is on it @TomLyons9 @icfixx @ladycupcake @ryanfeit @addexm @alexpittenger #startup #jobs @seedinvestor- Why #SeedInvest? Check out @dailypenn story on how #JOBSAct will help #jumpstart small businesses: bit.ly/IdxQYA #PHLSW
Entrepreneurs look to mass funding after passage of Jumpstart Our Businesses ActEntrepreneurs can now rely on the masses to get their big break. Earlier this month, Obama signed the Jumpstart Our Businesses Act to sti...- #SeedInvest is democratizing finance to jumpstart #startups & empower 99% to help get America moving. #PHLSW @seedinvestor
andersonatlarge
Faye Anderson
I am a public policy consultant and civic innovator. I focus on the intersection of social media and social change. I'm founder of Tracking Change, an advcocacy platform to promote data-driven models of civic engagement and accountability.
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