More than 500 students saw a series of speakers yesterday at the University’s annual Entrepreneurship Day event, hoping to learn from some of the business industry’s leading innovators. The talks were given at the Rutgers Student Center on the College Avenue campus.
Among the different speakers was Sherwood Neiss, an entrepreneur who spoke on his role in creating the framework for a business law, Jumpstart Our Business Startups (JOBS) Act, signed on April 5 by President Barack Obama.
Alongside two other entrepreneurs, Neiss helped develop what is called “crowdfunding,” a method of investing that involves collective contributions from several small businesses instead of one large investor.
“This law can be a solution for entrepreneurs and investors who are starting businesses in the community. This is going to change things in the community,” Neiss said.