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Feliciano Center for Entrepreneurship Crowdfunding Event Recap

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Feliciano Center for Entrepreneurship Crowdfunding Event Recap

By Startup Valley (314 words)
Posted in Events on September 23, 2013

There are (1) comments permalink

On September 20th, 2013, The Feliciano Center for Entrepreneurship at Montclair State University held a special crowdfunding event. An expert panel discussed the concept, potential and growth of crowdfunding. The main purpose of the conference was to inform attendees about Title II of the JOBS Act.

Today, September 23rd, 2013 is an exciting day for many entrepreneurs across the United States of various industries, as Title II of the JOBS Act is now in effect. Essentially, businesses are now able to seek potential investors for their companies on the web, via crowdfunding portals like StartupValley.

The JOBS Act was first signed into law in April of 2012. One of the many goals behind equity crowdfunding was to make raising startup funds more easily accessible for entrepreneurs. The law has now been modified and states that funds can only be accepted from accredited investors who make incomes of –at least $200,000 a year for the last two years for individuals and $300,000 for married couples.

The crowdfunding seminar at the Feliciano Center for Entrepreneurship truly brought many key players together and encouraged them to share their thoughts on the future of equity crowdfunding. Collectively, the present speakers brought several opportunities forward to those in attendance and explained the impact of crowdfunding for the economy. StartupValley was delighted to be among such influential leaders, including:

  • Kim Wales, founder, Wales Capital; founding member and board member of CFIRA
  • Zak Cassady-Dorion, partner, Crowdfund Capital Advisors
  • Jonathan Sandlund, founder, www.thecrowdcafe.com
  • Douglas S. Ellenoff, member, Ellenoff Grossman & Schole LLP
  • Daryl H. Bryant ’00, Founder and CEO, StartupValley

"Instead of companies pitching to five potential shareholders, we now have the potential to pitch to hundreds and thousands of investors," said Daryl Bryant, founder and CEO of StartupValley, which was formed to help businesses raise capital. "This is a game changer."

For additional information regarding Title II of the JOBS Act, refer to the SEC fact sheet.

Comments (1)

Rosio Abner posted on: February 19, 2016

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