Grassroots for Innovation and Technology

How Can Crowdfunding Raise Capital for My Company?
by Lamar Whitman on October 28, 2013
Tags: crowdfunding

Please join us on Wednesday, November 6, at 2:00 p.m. ET to learn more about the new crowdfunding rules just released by the SEC. These new rules will implement the crowdfunding provisions of the “JOBS Act,” which permits a company to raise up to $1 million during a 12-month period. Generally, investors who have an annual income and net worth under $100,000 would be allowed[...]


SEC Crowdfunding Rules Should be Revised
by Lamar Whitman on October 4, 2013
Tags: crowdfunding

The Securities and Exchange Commission has re-opened the comment period through November 4 for regulations issued under “the JOBS Act” concerning crowdfunding. Since its release of amendments to Regulation D, Form D and Rule 156 on July 24, concern has been growing in the startup community that the SEC rules go against the spirit of the JOBS Act by requiring additional[...]


Crowdfunding, A Way For Small Businesses to Takeoff to the Next Level
by Lamar Whitman on May 23, 2012
Tags: crowdfunding, Public Advocacy, smallbiz

The President recently signed into law the JOBS (Jumpstart Our Business Startups) Act, which among its provisions would allow for crowdfunding for small businesses. Under the new law, companies can raise up to $1 million during a 12-month period under streamlined Securities and Exchange Commission (SEC) reporting requirements. While businesses in high-growth geographic[...]


SEC Opens up Comments on JOBS Act
by Lamar Whitman on April 13, 2012
Tags: jobs, small business, equity capital, crowdfunding, Public Advocacy

By now you know the JOBS Act was signed into law by the President on April 5. This legislation includes six pre-existing bills, packaged together into a single piece of legislation. Each of these provisions is intended to increase access to equity capital investment for small businesses: H.R. 1070 — Small Company Capital Formation Act – Increases small business SEC[...]


JOBS Act Passes; President to Sign
by Lamar Whitman on March 28, 2012
Tags: jobs, small business, equity capital, crowdfunding, Public Advocacy, IT Workforce, smallbiz

In a remarkable show of bi-partisanship, the House passed the Senate-amended version of H.R. 3606 “Jumpstart Our Business Startups (JOBS) Act” by the wide margin of 380-41. This legislation included six existing bills, four of which had passed the House already, and which have been supported by CompTIA as a means of infusing capital into small businesses. The Senate[...]


Senate Gives Small Tech Business a Win
by Lamar Whitman on March 23, 2012
Tags: jobs, small business, equity capital, crowdfunding, Public Advocacy

Small Tech companies have gained a significant victory that will streamline and lessen the costs of obtaining equity capital.  Yesterday, the Senate approved the JOBS Act by a vote of 76-23, following its overwhelming passage by the House of Representatives just last week.  However, before passage, the Senate did tack on an amendment (by a vote of 64-35) that[...]


Senate Continues to Grapple with Crowdfunding
by Lamar Whitman on March 14, 2012
Tags: jobs, small business, crowdfunding, Public Advocacy, smallbiz

Last week, the House of Representatives voted overwhelmingly (390-23) to pass H.R. 3606 "Jumpstart Our Business Startups (JOBS) Act.”  This legislation included six existing bills, four of which had passed the House already, and which have been supported by CompTIA as a means of infusing capital into small businesses.  Among the bills included in this package[...]


Access to Capital Legislation Should Be Enacted
by Lamar Whitman on March 2, 2012
Tags: capital, small business, crowdfunding, Public Advocacy, Cantor, smallbiz

We anticipate bi-partisan support for legislation aimed at easing access to equity capital for small businesses. House Majority Leader Eric Cantor (R-Va.) announced yesterday that the majority would bring legislation to the floor next week that amalgamates six existing capital access bills, four of which have been passed by the House already. Basically, this new bill,[...]


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