Urge the Senate to bring HR 2930 for a vote!
The Entrepreneur Access to Capital Act (H.R. 2930) was introduced to foster relationships between investors and entrepreneurs. Specifically, it permits crowdfunding issuances that offer an equity stake (securities) to investors. For more details visit Congressman McHenry's site: http://mchenry.house.gov/crowdfunding/ This will enable small businesses to form with more support possibilities and enable more people to find employment, as well as the possibility of bringing more manufacturing possibilities to the US. & create more jobs here! HR 2930 had passed the House, but now awaits the Senate to bring it to a vote. Help move this along and tell people to contact their Senators! Tell them to vote Yes on this when it comes to the floor for a vote. Each one of us can make a difference, but we have to make our voices heard! ~ Thank you for your time.
This is Senator McHenry's website that has a video to explain the benefits of this bill. http://mchenry.house.gov/crowdfunding/
The NY Times article on this:
AS Congress considers President Obama’s job package, one measure seems to have rare bipartisan support: a proposal to loosen some of the outdated securities regulations that hamper small businesses in raising capital.
The Wall Street Journal:
The bills approved by the House Financial Services Committee are designed to help small businesses and startups tap sources of capital other than just banks, and remove regulations that make it hard for small-business owners to find outside investment.
If signed into law, the changes could provide a modest boost to the struggling economy by helping some ...