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Crowdfunding Businesses: New SEC Rules
William Michael Cunningham will speak on Crowdfunding at the National Black MBA Entrepreneur's Expo, Tuesday, November 5, 2013. Smith School of Business Auditorium, College Park, MD.
By: Creative Investment Research, Inc.
The Expo, to be held at the University of Maryland - Smith School of Business Auditorium in College Park, MD, "will provide resources and information to help establish relationships with prospective customers" and will showcase Black businesses.
Mr. Cunningham will describe how the new crowdfunding rules will impact Black businesses, both established firms and startups. Title 3 of the JOBS Act means that startups and established businesses can sell equity online to anyone. Black firms should be among the primary beneficiaries of this new law, given their strong networks, great business skill and ideas that just need a little money to blossom.
The event is free. Please RSVP at http://nbmbaadc2013entrepreneurexpo-
What is Crowdfunding?
Crowdfunding works as follows: An entrepreneur with an idea for a company or product posts the details of the idea or product on a Web site such as Blackcrowdfunding.net (http://www.Blackcrowdfunding.net) or Kickstarter. The posting includes information on the amount of money needed, benefits to those who contribute to the project and information on the developers. Crowdfunding can potentially level the playing field, opening new sources of business capital and revenue for women- and minority-owned firms. For more information, please see: 10 Things Black People Need to Know About Crowdfunding (http://www.youtube.com/
William Michael Cunningham