Crowdfunding Your Next Fundraiser: The NC Options for Entrepreneurs and Business Owners
DUE TO LOW ENROLLMENT. THIS SEMINAR IS CANCELLED FOR THIS DATE. OUR NEXT OFFERING OF THIS TOPIC WILL BE ON MARCH 5, 2020. Because of legislation passed by the N.C. General Assembly in July 2016, startups in North Carolina can now raise up to $2 million from average investors using their own web site or a registered funding portal. A further simplified option, called the Local Public Offering (LPO), permits raising up to $250,000 without use of a web site and this provision will sunset April 1, 2020. Think of this as a friends-and-family round except now any North Carolina resident can back an offering. These options include various safeguards for investors while expanding fundraising avenues for startups. Come and learn about recent developments in investment crowdfunding including: • Data on what has worked and what has not in crowdfunding • Why breweries, distilleries and customer-driven companies are leading the pack • How more than 300 startups have filed for federal crowdfunding • Why N.C.’s LPO option is unique among states
Speaker(s): Ann Elmore, N.C. Department of the Secretary of State, Raleigh. This seminar is part of the SOSNC Business Education Series.
Co-Sponsor(s): Durham Tech's Business Administration program
This live in person session will be provided concurrently
Fee: No Cost