Today the US House of Representatives approved the Senate amendment to HR3606, otherwise know as the Crowdfunding Act, by a vote of 380-41. This is the final step before it will be sent to president Obama, who has already agreed to sign it into law. We anticipate the signing will take place early next week. It is the latest in a string of very exiting developments for entrepreneurs and the crowdfunding industry. We will be staying on top of developments as they happen so stay tuned.
Nonprofit work isn’t just for bleeding hearts anymore. It has evolved into its own competitive industry—thanks, in large part, to online crowdfunding. The research firm Massolution found that crowdfunding raised $34 billion in 2015 (a 167% jump from the year … Continue reading →