Crowdfunding: early 2013 debut for equity

The JOBS Act (Jumpstart Our Business) signed by President Obama on April 5, 2012 gives smaller, emerging growth companies the ability to raise up to $1 million per year by issuing equity or debt securities using an online site.

JOBS Act expands today’s crowdfunding model

Crowdfunding that’s based on a reward or donation model has been available for the past few years. The JOBS Act expands fundraising opportunities by adding equity and lending as additional sources of capital.