NC Crowdfunding – MUST READ

From a Mark Easley email this weekend.  Please read carefully and put your weight behind this.

We Need Your Help with H680, the North Carolina JOBS Act, which Enables Investment Crowdfunding in North Carolina

Dear friends and supporters of the North Carolina small business and startup communities:

The North Carolina JOBS Act enables a new way of funding startups and small business in our state known as intrastate investment crowdfunding. It enables both accredited and non-accredited North Carolina investors to participate in crowdfunded equity and debt offerings issued by North Carolina startups and small businesses. More details and FAQs about the bill can be found at www.jobsnc.blogspot.com. We are in the final stages of making investment crowdfunding a reality here in North Carolina with the passage of H680, the North Carolina JOBS Act. It has already passed the NC House last session by a vote of 103 to 1. Prospects look good in the NC Senate, but there are many competing priorities for their time, so we need your help to push it over the finish line in the NC Senate before they adjourn the short session.

Please call and email your expressions of support to the Senate Leadership and your own NC Senator. Instructions on contacting them can be found here: http://www.jobsnc.blogspot.com/2014/03/we-need-your-help-with-north-carolina.html

As of today seven states – Kansas, Georgia, Michigan, Wisconsin, Washington, Indiana, and Alabama – have intrastate crowdfunding exemptions in place, four states – North Carolina, Florida, Texas and California – have legislation pending, and five including Idaho, Colorado, Maine, Maryland and New Jersey are in various stages of considering the idea. Many more states are expected to join the intrastate investment crowdfunding movement because it grows the economy from the ground up and creates jobs locally. It is time for us to make it a reality here in North Carolina.

Also please forward this email to your contacts in the startup and small business community.

Thanks for your consideration and support.
Mark Easley Sr.
The NC JOBS Act Team
www.jobsnc.blogspot.com

Speaker, investor, mentor, startup founder. One of 3 or 4 Co-Founders of MapQuest (sold to AOL for $1.2B). Managing Director of $25M Venture Fund in late 90's. CEO, COO or President of various companies ranging from $200k to $20M in size. One of two Managing Directors of The Startup Factory (35 investments across 7 cohorts), founder and MC of the Big Top Reverse Job Fair and national writer and speaker waxing poetic around startups and startup communities. Currently EIR @ Techstars with Brad Feld ~ Startup Communities, to help community leaders around the world grow their startup community.

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