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

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