SEC Changes Ruling for Small Businesses Seeking Capital

On July 10, the SEC announced that the ban on general solicitation has been removed for small businesses seeking startup capital, allowing for sweeping changes in the way businesses find funding.

This announcement is a productive step forward to fully enact the Jumpstart Our Business Startups Act (JOBS Act) passed in early April of 2012. With general solicitation now permitted, startups have the opportunity raise money from a wider range of investors – potentially accelerating their funding.

What does this ruling mean? Fundable explains via this infographic.

fundable-sec-lifts-general-solicitation-ban-infographic

 





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Hi there! I am Priti and I specialize in strategy and communications for impact organizations that aim to create social, environmental and economic wealth for all stakeholders. Working from the ground up, I help these do-gooders craft effective programs for community engagement, outreach and profitability. Follow my work covering do-gooders, cleanweb, start-ups and Web 2.0 businesses on Ecopreneurist and at Crowdsourcing Week. I enjoy traveling with my boys, cooking up a gourmet meal from scratch and entertaining! Join my community for Social Entrepreneurs on G+ Follow me on Twitter, on LinkedIn and Google+