Summary
Crowdfunding is all the buzz right now and for good reason - crowdfunding is being used to raise tens of millions of dollars right now for their project owners. Nearly $3 billion dollars is expected to be raised using crowdfunding platforms this year.
Description
"Crowdfunding is being used creatively right now to help individuals and businesses achieve their capital goals", declares Robert Dobyns, CEO of Conzortia. "There's no wait, as long as stock or equity in a company isn't being offered." Dobyns is, of course, referring to the JOBS Act, which does require a waiting period before equity-based crowdfunding can be utilized. He continues, "Companies, individuals and organizations in Alabama who can look at their capital needs and figure out creative ways to offer non-equity perks to their funders can have very successful fundraising campaigns."