JOBS act | Street Fight

Hyperlocal Crowdfunding May Become a Reality — Here’s How to Prepare

Brian Dengler

Hyperlocal Crowdfunding May Become a Reality — Here’s How to Prepare

Despite a recently missed deadline that would have given hyperlocal businesses an ability to raise capital through crowdfunding, backers of the Jumpstart Our Business Startups Act (JOBS Act) are optimistic that equity crowdfunding could become a reality by the end of the year. What can hyperlocal ventures do right now to get ready for equity crowdfunding?

Local Businesses Plot Expansion Via Crowdfunding

Patrick Duprey

Local Businesses Plot Expansion Via Crowdfunding

Even before the passage of the JOBS Act in early April, SMBs across the country were increasingly turning toward crowdfunding websites such as Indiegogo to facilitate expansion. Now, with the law on the books and pressure on the SEC to finalize regulations around it in the next seven months, some foresee crowdfunding, not venture capital, grants or loans, as the next innovative way to stimulate local business and job creation…

Smallknot Founder: Crowdfunding Should Be a Local Phenomenon

Steven Jacobs

Smallknot Founder: Crowdfunding Should Be a Local Phenomenon

The company, which is currently 3 months into the spring session of Techstars New York incubator program, enables locally-owned small businesses to raise capital from members of their community, and provide returns in kind instead of currency. Street Fight caught up with Smallknot founder Jay Lee recently to discuss the company, the JOBS Act and his move from Wall Street to Main Street…

Crowdfunding Could Upend Hyperlocal — Here’s What You Need to Know

Brian Dengler

Crowdfunding Could Upend Hyperlocal — Here’s What You Need to Know

The new JOBS Act has opened the door for crowdfunding, a boon to hyperlocals seeking new ways to launch their businesses. But it may take until early next year before the Securities and Exchange Commission establishes rules that will govern the process. What to do in the meantime? Keep an eye on what regulators may churn up, see what major crowdfunding sites plan to offer, and explore whether hyperlocals need their own niche investment portal…

U.S. Legalizes Startup Crowdfunding — What It Means for Hyperlocals

Brian Dengler

U.S. Legalizes Startup Crowdfunding — What It Means for Hyperlocals

What does the JOBS Act mean for hyperlocals? They will no longer have to depend solely on private or angel investors — they can raise up to $1 million per year from small investments online and through social media. People in the community who believe they have a vested interest in their hyperlocal businesses can contribute by making small investments…