Techno-entrepreneurs Access Crowd Funding for Equity Expertise

Industry leaders share knowledge and expertise with technology start-ups.
Oct. 22, 2012 - PRLog -- October 8, 2012 - Gaining the financial resources to launch a start-up is difficult in the current economic climate.

Enter The Soho Loft Capital Creation Events series and its workshop for technology entrepreneurs at TechLaunch in New Jersey on October 4 2012.

Connecting techno-entrepreneurs with experts on the JOBS Act and crowd funding, the event focused on the JOBS Act and its impacts and benefits for the crowd funding scene as an alternative funding solution for technology start-ups and SMEs.

According to Jed Cohen, COO of RocketHub (, “Thousands of people are raising millions of dollars right now.  If you commit to it, crowdfunding can work for you.”

However, Cohen cautions, “Crowd funding is work.  We've all heard the grand success stories, but those are the exception to the rule.  You must be prepared to market the project to your own network first, and keep at it for the duration of your campaign.”

TechLaunch is New Jersey's technology accelerator which facilitates the commercialization of innovative technologies and ideas by transforming them into successful business models. Through TechLaunch’s intense 12-week LaunchPad ( program, start-ups are provided with seed funding, mentoring from industry experts and continued advisory services.  At the end of the incubation period start-ups participate in a Demo Day ( at which they present to an audience of qualified investors.

Speakers and businesses who shared their knowledge at The Soho Loft Capital Creation Events session included -

Douglas Ellenoff, Partner at Ellenoff, Grossman & Schole (

Ryan Feit, co-founder of SeedInvest (

Richard qmffc J. Salute, Director at J. H. Cohn (

Jed Cohen, COO of RocketHub (

David Drake, founder and Chairman of The Soho Loft,  encouraged techno entrepreneurs to "continue to not only be at the cutting-edge to differentiate them from the rest in the age of what seems to be a plateau in technological innovation but also to laser-focus on the needs of the consumers. The ones with the best product coupled with the most responsive service will get the best funding and most following."

ABOUT The Soho Loft (

The Soho Loft Capital Creation Events ("TSL") is a global events and corporate strategy and advisory services platform that strives to promote and advance strategic and diligent mainstream and alternative investing for start-up entrepreneurs and small and medium-sized enterprises. TSL seeks to provide relevant education and visionary leadership training in the areas of capital formation, crowd funding, angel networking, non-conventional funding, eb5 green card programs, micro-finance, venture capital, private equity and hedge funds. All creative investing solutions are focused in allowing the start-ups and SMEs to optimize all opportunities to grow their business through product/service/market/human resource innovation while seeking to do so in a socially and environmentally responsible manner. All of which are directed to creating a new path to socio-economic prosperity.

David Drake, founder and CEO of TSL, a subsidiary of LDJ Capital, has founded the Crowdfund Intermediary Regulatory Advocates (CFIRA) to further these goals. He was also a representative in the U.S. Commerce delegation to Brussels and Rome to meet with European Ministers and legislators at the Transatlantic Economic Council forum in July 2012. Overall, TSL's mission is to educate about and develop infrastructure to facilitate capital formation, innovation and job creation. As such, The Soho Loft operates as the leading global corporate strategy advisory.

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Source:The Soho Loft
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Tags:Techno-entrepreneurs, Crowd-funding, Douglas Ellenoff, Richard Salute, Jed Cohen
Industry:Technology, Finance
Location:New York City - New York - United States
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