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Crowdfunding - Where Dollars and Dreams Meet

CROWDFUNDING where Dollars Dreams s meet crowd•fund•ing (/'kroud fəndiNG/) Crowdfunding is the collective effort of individual donors or investors who pool their financial resources, typically online, to help fund or start a business, project or cause. HOW IT WORKS Have a BIG idea. Tell lots of investors at once. Get your dream funded. JII TYPICAL INVESTOR The U.S. Small Business Administration recognizes "crowd sourced capital" as a legitimate stream of capital. Male, 24 - 35 yrs old Makes more than $100,000/yr Some models focus on social change initiatives involving education, social awareness, employment training and social enterprise. 15,000 investors plan to invest more than $43 MILLION SSG Like SSG in new companies through WeFunder. Start Some Good 2011 2012 crowdfunding raised crowdfunding raised $1.5 BILLION $2.8 BILLION CROWDFUNDING VS. CAPITAL VENTURES Venture capitalists are more stable than crowdfunding resources. (VS.) ..as opposed to a $250,000 IPO Crowdfunding helps projects and businesses get started that wouldn't be funded by other, more traditional means. THE JOBS ACT Jumpstart Our Business Startups Act is a law intended to encourage funding of United States small businesses by easing various securities regulations. Under the JOBS Act, entrepreneurs can raise capital up to $1 MILLION through crowdfund investing (CFI), with unaccredited investors investing up to $2,000 of their own money. ш1 PROOF IT WORKS HYDE PARK BODY BOTIQUE Unable to obtain traditional financing, they crowdfunded on SOMOlend to raise BOOK OF WONDERS $9,000. The largest independent children's bookstore in New York City used Indiegogo to save the store by raising $100,000. THE VERONICA MARS MOVIE PROJECT With the help of 69,372 backers and Kickstarter, they raised $4,600,481. к indiegogo Sources: forbes.com / kickstarter.com / fundable.com / sba.gov / 2050publications.com / entrepreneur.com / foxnews.com / crowdsourcing.org Presented by www.BestAccountingDegrees.net Created by OBizMedia Lower Co %24 Non-tradition Creativity Greater

Crowdfunding - Where Dollars and Dreams Meet

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Crowdfunding is the collective effort of individual donors or investors who pool their financial resources, typically online, to help fund or start a business, project or cause.

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