Crowdfunding: The New Option for Local Financing in NC *Note date change from 2/15/2017

As a result of legislation passed by the N.C. General Assembly in July 2016, small businesses will soon be permitted to raise up to $2 million form average investors with certain limits. Businesses that use the "Invest N.C. exemption" can utilize the Internet to organize such a fundraiser. However, there are requirements on how much can be raised form each investor, what kind of financial information must be disclosed, and periodic reporting requirements to keep investors informed. This seminar provides an overview of federal and state investment crowdfunding. Speakers will cover the following: how crowdfunding fits within securities laws; legal do's and don'ts; and the marketing aspects - what you can say and how to reach investors.

Speaker(s): Leo John, Agency Legal Specialist, N.C. Department of the Secretary of State; Jake Farrar, Attorney, Merithew Law, Asheville

Preregistration required.

Fee: No Cost