Blacks in Green™
Why Is It So Important? Who Benefits? How Can I Participate?
We're launching our Black Crowdfunding Club with a cocktail sip and introduction to the basics with Black Crowdfunding founder, William Michael Cunningham, national expert and author. On April 5, 2012, President Barack Obama signed the Jumpstart Our Business Startups Act, better known as the JOBS Act. The act is designed to “reopen American capital markets to small companies,” defined in the act as Emerging Growth Companies. This is one of the most significant legislative initiatives in finance since the Securities and Exchange Acts of 1933 and 1934, and it opens up funding to a slew of companies previously shut out of the capital markets.
Here’s the good news: Small businesses and startups will be able to raise up to $1 million in equity (or debt) funding online via what are called Crowdfunding Platforms—online communities and websites. Imagine an eBay-like site that allows you to post your idea for a commercial venture online and then allows investors to purchase equity shares or stakes in it. As one journalist put it, it’s “social media meets venture capital.”
Share your dreams, learn our structure, discover why it's so important, who benefits, and how you can participate for your own and the greater good.
Join Our National Spokesperson William Michael Cunningham and the BIG Crowdfunding Advisory Board:
Gregg Brown – South Side Community Federal Credit Union
Mark Fick – Chicago Community Loan Fund
Suzanne Keers – Local First Chicago
Kyama Kitavi – Accion Chicago
Marc J. Lane, Esq – Social Venture Alliance
As We Launch Our New Offices & Financing Platform Partnership At A Reception:
Friday, March 15th
1750 E. 71st Street, Chicago
free parking in lot
RSVP TO NAOMI DAVIS @ 773-678-9541