Difference between revisions of "JOBS Act"
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This page is about the Crowdfunding provisions of the JOBS Act. | |||
For more general discussion and background materials about Crowdfunding, go [[Crowdfunding|here]] | |||
==Basic Information== | |||
Public Law 112-106 | Public Law 112-106 | ||
Latest revision as of 11:10, 12 April 2013
This page is about the Crowdfunding provisions of the JOBS Act. For more general discussion and background materials about Crowdfunding, go here
Basic Information
Public Law 112-106
Capital Raising Online While Deterring Fraud and Unethical Disclosure Act of 2012
"Crowdfund Act" - Title III
112 Congress
Sec. 302
A6) offer or sale of securities by an issuer
A) 12 mo. period; no more than $1,000,000
i) greater of $2K or 5% of capital income of investor < $100K
ii) 10% of annual income, not to exceed $100K
Sec 4A. A person acting as an intermediary
1) Register w/ Commission as
A) Broker
B) A Funding Portal
Issues to Discuss
Public Comments
- Collaborative Hackerspace model - promoting other hackerspaces
- Federation
- Distributed non-profit / innovation center that spawns companies
- Minimum amount for investors
- Disclosure in documents
Human Resources
- Janelle Orsi - Sustainable Economies Law Center / East Bay Community Law Center
- Kadavitch & Kassen (K2) - Cutting Edge Capital
- Slow Money
- SchoolFactory - Hackerspace Federation. Contact: James Carlson or Willow Blue
- La Cocina
Crowdfunding Software
- Selfstarter - roll your own crowdfunding platform. FOSS.
- Catarse - FOSS crowdfunding platform from Brazil
- CloudFunded - Finance platform for local and sustainable businesses.
- [1] - Curation of crowdfunding platforms