Need assistance funding your dream???
Have you considered? ......
Crowd Funding
What is it?
For years,
individuals have solicited friends and family members for financial donations
in effort to fund a project, passion, or purpose—weddings, equipment or college
tuition for example. In recent years, gathering the attention of acquaintances,
interested and unknown parties alike, to assist in funding a start-up, project
or idea has become increasingly popular. Crowd funding, also known as
crowdsourcing, is defined by USLegal.com as “the collective cooperation,
attention and trust by people who network and pool their money and other
resources together to support efforts initiated by other people or
organizations.
Different
sources:
- wefunder.com
- startupaddict.com-for those who have a general need
- peerbackers.com-leverages social media to fundraise through peers and strangers alike
- believersfund.com - funding through mobile applications
- rockethub.com – has gained a lot of media attention
- quirky.com – geared more toward inventors
- newjelly.com – focused more on launching new artist and films
Important to
know:
While seeking
funding, it is important to stay clear of “offering equity or a financial
return in the company for exchange of funds” which will prompt a legal problem
with the Securities and Exchange Commission
JOBS Act is a “Cost-effective access to capital
for companies of all sizes plays a critical role in our national economy, and
companies seeking access to capital should not be hindered by unnecessary or
overly burdensome regulations. We look forward to hearing the public's views as
we write rules that both facilitate capital formation and promote investor
protection”
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