intrastate crowdfunding | WRAL TechWire

intrastate crowdfunding

Crowdfunding is Dead…At Least for Now

If you haven’t heard, the North Carolina Senate voted down a series of measures that included intrastate crowdfunding, putting to rest a two-year battle to change laws to allow unaccredited investors in the state to fund North Carolina businesses. Today’s news – along with an announcement that fast-growing, national headline-grabbing real estate crowd lending startup GROUNDFLOOR will move to the more progressive Georgia – are blows to our region’s entrepreneurial community. Two barometers of thriving entrepreneurial ecosystems are the ability to fund and grow businesses from startup to profitable companies, and governmental support for that process. Though the Triangle continues to...

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Crowdfunding’s Plea for Help in NC

NC JOBS Act supporters seemed pretty confident that intrastate crowdfunding would become state law this year, but that was before the spring legislative session began. An email circulating the entrepreneurial community over the weekend may make you question whether that’s really feasible considering all the other statewide decisions being made. But it may also prompt you to act. The team, led by angel investor Mark Easley, is asking entrepreneurs and other crowdfunding enthusiasts to write and call their Senators immediately, in hopes bill H680 can hit the floor before the short session wraps up this month. Here’s the plea...

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