This year, at the 2nd Annual Crowdfunding Conference and Bootcamp, Congressman Patrick McHenry (R -NC) will be awarded the Crowdfunding Visionary Award™ for his work on the JOBS Act. The Bill Congressman McHenry introduced to near-unanimous support in the House became part of the foundation for the JOBS Act which was passed by Congress and signed into law last April 5th 2012 by President Obama.

McHenry says he’s fed up with the pattern of entrepreneurs being forced to finance their projects through their own lines of credit, sometimes backed by the value of their homes. He sees two problems with this way of doing things: First, it can be difficult to get credit, and second, the value of many homes tanked during the financial crisis of 2007-2008, making mortgage-backed financing a much weaker option for capital-seeking entrepreneurs. Read More Here

As we approach the one-year anniversary of the signing of the JOBS Act, many people still are eagerly awaiting the arrival of one key component of the law — equity crowdfunding.

The JOBS Act introduced new rules that will allow individuals to invest directly in closely held ventures. Traditionally, the US has only allowed “accredited investors” with more than $1 million in assets to buy equity in private firms. Equity crowdfunding would allow anyone to invest money into companies and projects. But before regular smaller investors can jump into the game, the Securities and Exchange Commission must first sort out the details of the new rules.

Supporters of equity crowdfunding are touting it as a way to quickly and easily raise money for smaller projects that might not get attention from big backers. Others are suggesting that crowdfunding could support things such as clean energy projectslocal civic projects, or DNA sequencing research.

EarlyShares is equity crowdfunding for businesses

By now, you’ve heard of Kickstarter.com and probably scrolled through the massive number of insanely creative art projects, tech innovations, startup ideas, and gotten inspired to kick over a few dollars in the hopes that the project meets its funding goals so it becomes a reality and you get your hoverboard in 2013, which is critical to society, given that Back to the Future promised them by 2015. Crowdfunding has become a popular alternative to traditional banking, but what about crowdfunding for real businesses that already exist or have a business plan or a real promise of actually making it to market? How do you invest in or find investors to crowdfund business?


Interesting Comments on the SEC public commenting form.


The SEC allows the public to comment on regulatory initiatives on the SEC.gov website for equity crowdfunding and other initiatives. The system works well, the public has generously provided plenty of positive feedback and creative ideas to get equity crowdfunding off the ground.

With the progress of the SEC a tad slow, there of course brings quite a few folks that find it necessary to provide less the positive and mostly negative comments to the SEC on their progress with implementing the JOBS act regulatory initiatives.


Silicon Valley Crowdfund Conference & Expo - April 4th-5th, 2013 to Be Held at Sheraton Hotel in Heart of Silicon Valley Near Stanford University and VC's Famous Sand Hill Road.

Get your 50% Limited Discount On The General Admission Now 
Promotional Codes  0404vc       Download Agenda                   

Got an Idea or have a Startup? Finance it with Crowdfunding. Silicon Valley Conference and EXPO, which is held on April 4, 5 -- the first anniversary of the JOBS Act signed by President Obama -- will bring together traditional private investors and those who employ the power of the Internet and social media for fundraising. Silicon Valley Crowdfund provides the participants with the unique opportunity to discuss the current state of the industry, to learn from experts in venture capital, business angels and crowdfunding fields, to network, and find new partnerships.

The conference program includes keynote speeches delivered by Timothy C. Draper and Douglas S. Ellenoff, emceed by Howard Leonhardt on behalf of Startup California, Five panel discussions, an experts round-table, startup workshop and a pitch competition. The participants will hear from more than twenty panelists representing rewards and equity crowdfunding portals from United States, Europe and Latin America, lawyers, business angels and entrepreneurs who have successfully raised money through crowdfunding.

The 2nd Annual Global Crowdfunding Convention and Bootcamp will host the first ever Crowdfunding Expo Showcase™ booth. As a part of a continuous loop to the entire convention, Crowdfunders & Entrepreneurs can stream their video pitch to everyone in attendance. 

The 2nd Annual Global Crowdfunding Convention and Bootcamp will offer a very special opportunity to Crowdfunders & Entrepreneurs this year. The event will host the first ever Crowdfunding Expo Showcase™ booth where entrepreneurs can show off their crowdfunding pitch videos to everyone in attendance by "crowdsharing a booth". Crowdfundingroadmap™ is offering people who are planning on running a crowdfunding campaign after Oct 16th 2013 and beyond a special "Pitch Package" to help generate buzz about their up and coming crowdfunding campaign.

“We will stream your campaign video as a part of a continuous loop to the entire convention over the course of three days, and also after on our website. As producers of the largest crowdfunding event in the world in 2012 we can get your campaign business excellent exposure to attract influence makers, investors, donors, fans, and followers long before your campaign starts and help you on your path to success,” stated Ruth Hedges, CEO of Funding Roadmap and the creator of the conference.

The following article is by by Cromwell Schubarth , Silicon Valley Business Journal and appears on Upstart Business Journal.
No crowdfunding for you
Jason Calacanis, the founder of Mahalo and Weblogs, took some time from preparing for this week's Launch Festival, the startup pitchfest he throws in San Francisco, to talk about that and a number of topics.

This is his biggest show in six years of doing an annual startup conference, the first three in alliance with TechCrunch and the last three on his own. About 5,000 have said they will attend through Wednesday, which is the capacity for the Design Center Concourse where it is being held.

Among other topics we covered in our discussion was why Calacanis believes the Securities & Exchange Commission will never allow crowdfunding to happen as intended in a federal law passed last year.

The American Institute of Architects (AIA) sent a letter to SEC Chairman Elisse Walter last week, pressing the agency to issue equity crowdfunding regulations.

“The SEC has already missed Congress’ year-end deadline to write the Equity Crowdfunding regulations, leading to additional delays and market uncertainty,” wrote AIA vice president of government and community relations Paul T. Mendelsohn. “Further delays in issuing rules hamper the intent of the JOBS Act: addressing a still high 7.9 percent unemployment rate.”

In an environment with such high unemployment, any financing method that can help projects get off the ground and lead to more jobs should be “on the front burner,” AIA’s federal relations manager Shervan Sebastian told Crowdsourcing.org.

Equity Crowdfunding is coming! We’ve been hearing that for about as long as the Trevi Fountain has stood in Rome. While the SEC continues to drag their feet, worried about such important aspects as the previous Chairperson’s “legacy”, this article was written by Mary Juetten (and appears on ReturnonChange.com). The article offers great advice on how to Get Ready for Equity Crowdfunding.

Equity crowdfunding under the JOBS Act (Jumpstart Our Business Startups) is not yet legal but reward, donation, and perk-based crowdfunding (think Kickstarter, Indiegogo, RocketHub) have been very active over the past couple of years.

Raising money as a donation to a cause by offering a reward in the form of a special event or early access to a product is both a common and legal form of crowdfunding. The Pebble watch campaign raised over $10 million dollars but that was an anomaly in terms of dollars raised.  The watch was the reward and the funders financed its production.

In contrast, the “reward” under equity crowdfunding will be an ownership interest in the business. Equity shares will be issued instead of a watch or a donation and the person will become a shareholder.  Under equity crowdfunding, there will be limits on the amount that the average person can invest. However, satisfying the income thresholds for accredited investors – the lowest of which is $250,000 – will not be required.