"Crowdfunding, crowd financing, equity crowdfunding, or crowd sourced capital..describes a collective effort by people who..pool their money and resources together via the Internet, to support efforts initiated by other people or organizations. Crowdfunding can be used to fund a startup or existing company, or small business." We will describe new financing options and tools. 

This webinar will provide a social investing summary of the JOBS Act, along with a summary of how investors and businesses can use the law to enter the Crowdfunding market. We will also review current developments.

All paying attendees will get a copy of my book: The JOBS Act: Crowdfunding for Small Businesses and Startups. See: http://www.amazon.com/The-JOBS-Act-Crowdfunding-Businesses/dp/143024755X 

The law targets emerging growth companies and defines them as an issuer with “total annual gross revenues of less than $1,000,000,000 (one billion dollars)..during its most recently completed fiscal
year.” 

For potential investors, providing a platform for the sale of emerging company securities does not require registration as a Broker/Dealer, given certain exemption qualifications. To become a funding platform, vendors must fulfill 12 requirements. Equity issuers are subject to certain restrictions/limits.  There are four trading restrictions and three exemptions. Issuers (Emerging Growth Companies) are liable for any untrue statements of material facts.

In addition, the SEC must make a special effort to reach out to women, veteran and minority firms.

The webinar will be conducted by William Michael Cunningham, a recognized expert in community development and socially responsible investing. He has testified before the House Ways and Means Committee and provided expert testimony on community development issues in Federal Court. Mr. Cunningham has been involved in the provision of online resources to small businesses for over fifteen years, posting his first website in 1995. In 2002, he created a proposal for an early version of Crowdfunding.

Members of the following organizations are eligible for a discount:

MeetUp

University of Chicago Alumi

Blacks In Green

American Sustainable Business Council

South Carolina Small Business Chamber of Commerce

Continuing Education Credit:

CLE -  once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations.

CPE - will apply for certification as continuing professional education. 

Office of Professional Responsibility, Internal Revenue Service: we will seek to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. Our efforts and this notice do not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.