Join for free and connect with our local tech scene

Stay on top of the latest companies and upcoming events with our weekly newsletter, and be counted among the people building the future of your local tech community.

Charlotte, NC /

Crowdfunding your next fundraiser: the new N.C. options

The Garage at Packard Place 222 S Church St. , Charlotte, NC 28202 (map)

Because of legislation passed by the N.C. General Assembly in July 2016, startups in North Carolina can now raise up to $2 million from average investors using their own web site or a registered funding portal. A further simplified option, called the Local Public Offering (LPO), permits raising up to $250,000 without use of a web site. Think of this as a friends-and-family round except now any North Carolina resident can back an offering. These options include various safeguards for investors while expanding fundraising avenues for startups.

A representative of the N.C. Department of the Secretary of State’s Office will cover recent developments in investment crowdfunding including:

 

• Data on what has worked and what has not in crowdfunding

• Why breweries, distilleries and customer-driven companies are leading the pack

• How more than 300 startups have filed for federal crowdfunding

• Why N.C.’s LPO option is unique among states

Incubator / Accelerator

Packard Place

Comments

Sign in to comment.