Crowdfunding has the potential to provide new funding options for small businesses and stimulate job growth, and yet the S.E.C. has stalled on crowdfunding Rulings.
Other countries are off and running with equity crowdfunding, such as the United Kingdom, Australia, Sweden, Norway and Finland. Why is the U.S. still stuck in first gear and lagging behind the pack? Aren’t we innovators and leaders in entrepreneurship?
What’s going on with the S.E.C. crowdfunding Rulings, as spelled out in the JOBS Act? Why are they stalled? Will the S.E.C. abort crowdfunding before it gets a fighting chance?
Earlier this month on February 5th, leaders in government and business convened in Washington D.C. for the Kauffman Foundation’s Annual “State of Entrepreneurship” Address, where they released their 2013 report.