More Cash for Entrepreneurs, Crowdfunding, and Indiegogo
David Teten
MAY 8, 2012
The Entrepreneurs Access to Capital Act helps to redress this. It allows small businesses to raise $1 million, from a limit of 10% of income or $10,000 from individual investors, without registering their companies with the SEC. Currently, these Crowdfunding sites don’t give donors any equity in the companies.
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