Published Oct. 10, 2013
Crowdfunding is the greatest economic opportunity in our lifetime. Economists have predicted the crowdfunding marketplace to grow to $300 billion; some say it can even grow larger. The Jump Start Our Business Startups (JOBS) Act, recent legislation dealing with regulations on investors using crowdfunding, was signed just over a year ago by President Obama and is a “game-changer,” as the president said, for investors nationwide. The JOBS Act limits the amounts individuals and businesses can invest through crowdfunding, but also deregulates the process, making it easier for small businesses to offer equity to investors and easier for people to become investors. Completion of this legislation is at the forefront of the Securities and Exchange Commission (SEC) agenda this year and a great impact, once the details of the act are finalized, can be expected.
Crowdfunding is becoming a popular way for entrepreneurs, startups and businesses not only to raise capital, but generate online marketing programs, conduct product testing, connect with like-minded people and much more. People that don’t take advantage of these opportunities could be leaving money on the table, or worse, spending it unnecessarily. In this presentation, Jason Graf will not only share the basics of crowdfunding -- what it is and how to get involved -- but the opportunities for ancillary service providers as well as the future of equity crowdfunding.
Presenter: Jason Graf, SCORE Mentor and CEO - CrowdIt
Duration: 1 Hour
Duration: 1 Hour
Jason Graf is the founder and concept-creator of CrowdIt. A SCORE mentor and avid entrepreneur, Graf has an unwavering drive to improve small business and startup success in the U.S. and all over the world. With his vision to modernize the current crowdfunding model to extend support beyond funding, CrowdIt is the first to incorporate business networking and much-needed support services into the crowdfunding experience.
By acting as a virtual incubator, CrowdIt aims to rejuvenate the individual dreamer and reinforce the collective power of the crowd. With more than 13 years of experience in business and finance and as a business intermediary for Murphy Business & Financial Corporation, Graf’s passion for business, marketing, planning and financing has helped other business owners get the support they need to flourish in today’s economic climate. For more information, please visit CrowdIt.com.