Tagged: massachusetts

Massachusetts & Montana Continue Assault on SEC & Regulation A+

As aptly stated in one publication, Massachusetts and Montana are giving Regulation A+  – an F.  While the failing grade is perplexing to most casual observers, the battle over this new investment crowdfunding exemption and the petitioning states is nowhere near completion. In a filing… Read More

PALMco Revives Commitment to Science Education by Funding Local Teachers’ Projects Through DonorsChoose

PALMco, a family owned and operated energy supply company, announced today its third annual commitment to funding environmental science projects in partnership with DonorsChoose, a non-profit crowdfunding platform where teachers can request classroom resources. By partnering with the DonorsChoose.org “Double Your Impact” initiative, qualified projects in… Read More

Parallella’s Creator Reveals Why He Will Not Be Returning to Kickstarter For Other Projects

Back in September 2012, Massachusetts-based Adapteva launched a crowdfunding campaign on Kickstarter to raise funds for its invention, Parallella. The device is described as a “supercomputer for everyone” and its platform was built on the following principles: Open Access: Absolutely no NDAs or special access needed! All architecture and… Read More

Montana & Massachusetts Update “Fools Errand” SEC Lawsuit

The states of Massachusetts and Montana have filed a joint preliminary statement of issues. Once again the two state securities regulators, William Galvin in Massachusetts and Monica Lindeen in Montana, are reiterating their criticism of the SEC and recently enacted rules for Regulation A+. The… Read More

Montana Denied: Regulation A+ Still A Go As SEC Denies Montana’s Request to Stay

As you may know, Montana has filed a “Petition For Review” to challenge the final rules adopted by the SEC under Title IV of the JOBS Act (commonly referred to as Regulation A+). In connection with its suit, Monica J. Lindeen, Montana State Auditor and… Read More

Deadline Today for Comments on Massachusetts Crowdfunding Rules

The Massachusetts Securities Division will be holding a public hearing today at 10AM to review the incorporated “emergency regulation” for intrastate investment crowdfunding. While the meeting will occur this morning, written comments will be accepted until 5PM today. This is part of the process prior… Read More

Call for Comments: Massachusetts Poses 15 Questions on State Crowdfunding Exemption

The Massachusetts Securities Division has published a call for feedback regarding the state’s crowdfunding exemption.  The rules were released as an “emergency” measure and now state authorities are asking the crowdfunding industry and other interested parties to respond to the enacted rules. Massachusetts has scheduled… Read More

Massachusetts Schedules Hearing on Crowdfunding Exemption, Solicits Comments from the Public

The state of Massachusetts, under the Office of the Secretary of the Commonwealth, enacted “emergency” crowdfunding regulations this past January. Secretary William Galvin, previously identified as highly skeptical of investment crowdfunding having vocally criticized the new form of finance, surprised industry followers when the rules… Read More

Massachusetts’ NeuroMetrix Hits Indiegogo for Wearable Pain Relief Technology Quell

On Monday (March 2nd), NeuroMetrix, Inc. (Nasdaq: NURO) announced the launch of its campaign on global crowdfunding platform, Indiegogo for a new wearable pain relief product, Quell. Frank McGillin, SVP and General Manager of Consumer Health at NeuroMetrix explained the campaign objective: “We are new to… Read More

Kickstarter-Success KinderLab Robotics Opens New Headquarters in Waltham, Massachusett

KinderLab Robotics, a creator of toys and educational tools that teach four to seven year-olds to program and understand logic, has moved to new office space and manufacturing headquarters in Waltham, Massachusetts. The offices and manufacturing space is close to the historic technology hub of… Read More

Boston Man Launches $300M GoFundMe Project to Help Modernize The City’s Bus System

Seeking to make changes to the old, unsafe, rather scary Massachusetts Bay Transportation Authority’s subway system, a Boston area resident has launched a $300M crowdfunding initiative on GoFundMe to help bring the transit into the 21st century. Explaining the situation (jokingly), campaign organizer, Janssen McCormick writes,”The… Read More

PALMco Intensifies Local Commitment; Raises Funds to Support Over 11,600 Students Thanks to DonorsChoose Partnership

PALMco, a family owned and operated energy supply company, announced today that it has successfully raised an additional $25,000 for environmental science classroom projects through DonorsChoose, a non-profit crowdfunding platform where teachers can request classroom resources ranging from printer paper to educational magazine subscriptions. The combined… Read More

Massachusetts Crowdfunding Exemption Called “A Breath of Fresh Air”

Crowdfund Insider reported yesterday that Massachusetts, a state known for its leery stance to investment crowdfunding, released “emergency regulations” thus becoming the next state to have legalized crowdfunding in lieu of federal rules.  We now have a copy of the actual exemption (embedded below) to compare… Read More

Massachusetts Securities Division Adopts Crowdfunding Exemption

In a report from a local Media General TV station, Secretary of the Commonwealth William F. Galvin was quoted stating that Massachusetts has “adopted a crowdfunding exemption”.  While regulations were not readily available a Crowdfunding tips document was posted on the Secretary’s web site (embedded… Read More

Lending Club Now Available for Investors in Massachusetts

Lending Club (NYSE: LC), the  first publicly traded peer to peer lending platform, continues its expansion across the United States.  The company has shared its platforms is now available for investors based in Massachusetts.  All peer to peer lending platforms must deal with a wide… Read More

PALMco Expands Commitment to Local Communities by Partnering With DonorsChoose.org to Fund Teachers’ Projects

Today, PALMco, a family owned and operated energy supply company, announced a recommitment to funding environmental science projects in partnership with DonorsChoose.org, a non-profit crowdfunding platform where teachers can request classroom resources. As part of the DonorsChoose.org “Double Your Impact” initiative, PALMco will fund 50% of qualified… Read More

Massachusetts College Startup Indico Announces $3 million in Funding

Olin College startup indico announced $3 million in initial funding as part of Boston’s Techstars annual Demo Day. The event, held at the House of Blues, featured 12 groups of entrepreneurs who participated in the three-month Techstars Boston accelerator program. Olin College student and induce… Read More

Louisa May Alcott’s Orchard House Seeks $150,000 During Kickstarter Crowdfunding Campaign

Historical Concord, Massachusetts’ Louisa May Alcott’s Orchard House, which is known as the home of Little Women, launched a crowdfunding campaign last month on Kickstarter to raise $150,000 for a new documentary. The project has already raised $104,759 from 454 backers. The film will be an hour-long, PBS… Read More

NVBOT Announces New Version of Its Self-Titled 3D Printing Solution

Boston-based NVBOT, a 3D printing startup founded by MIT students, announced on Thursday (September 11th) it will be releasing the latest version of its self-titled 3D printing solution. Already proven to play a role in STEAM (Science, Technology, Engineering, Arts and Mathematics) innovation, as well… Read More

Can the JOBS Act Save The American Dream?

Photo courtesy John Morgan on Flickr: http://www.flickr.com/photos/aidanmorgan/

A recently Marist-McClatchy poll found that eight out of 10 Americans no longer believe they can achieve the American Dream. Almost the same percentage of those polled said that things will not get better for future generations. The level of pessimism regarding the present economy… Read More

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