Year One: How is Regulation Crowdfunding Helping Small Businesses?

Financial JournalistCrowdfunding, Crowdfunding Laws, JOBS Act, Uncategorized

Crowdfund People

Regulation Crowdfunding (Regulation CF) allows small business owners and start-ups to raise up to a $1 million dollars from friends, family and a wider investor pool. Regulation CF went into effect in May 2016 and already it is doing what it was designed to do: create jobs. Notable statistics from the past year include: Out of the 186 crowdfunding campaigns … Read More

Why Cannabis Related Businesses are Thriving

Financial JournalistBreakaway, Crowdfunding, Crowdfunding Laws

cannabis feature

Our monthly webinar featuring California tax attorney, Regina Unegovsky of Regal Tax & Law Group, will cover the current rules and regulations shaping the cannabis industry, widely-projected to be a nearly a trillion dollar injection to the US economy in the years ahead. Marijuana Business Daily reported, “The marijuana industry is poised to grow by leaps and bounds in 2018, … Read More

Intrastate Crowdfunding Laws Update: Alaska and West Virginia Passed

Financial JournalistCrowdfunding Laws, Equity Crowdfunding

Alaska and West Virginia Pass Crowdfunding

Breakaway Funding has a state map which includes all of the states and their crowdfunding status.   As exciting as equity crowdfunding is not all of the states have passed crowdfunding laws. Most recently, Alaska and West Virginia passed and enacted state laws: Alaska passed HB 308: HB 303, Alaska Stat. 45.55.900 (b) 45.55.175  This bill passed 7/11/16 and was enacted … Read More

Access to Community Capital for Small Businesses a Priority for Clinton

Kim KaselionisCrowdfunding Laws, Entrepreneur, Equity Crowdfunding

Presidential nominee and former Secretary of State Hillary Rodham Clinton and I have at least two things in common: her view on the importance of small business in contributing to our local and national economies and too much regulation for community banks.  In Clinton’s town hall with members of the small business and lending community in Cedar Falls, Iowa, she committed … Read More

Who Uses a One Page Business Plan?

Kim KaselionisCrowdfunding, Crowdfunding Laws, Webinar

Nearly all business experts agree on one thing: the importance of crafting a business plan to enable you to create or design the future you desire. One that will help you get from here-to-there. Yet plenty of companies plunge into business without a formal plan. There are many reasons why we don’t, but at the end of the day, if … Read More

Fix Crowdfunding Act Passes House

Financial JournalistCrowdfunding, Crowdfunding Laws, Equity Crowdfunding

Access to capital has been a thriving topic since the all provisions of the JOBS Act of 2012 were in enacted this past May, when federal equity crowdfunding legislation took hold. Exactly one month after Title III—now called Regulation Crowdfunding—went live, H.R. 4855, the Fix Crowdfunding Act, was already introduced and recommended for further consideration. Congressman Patrick McHenry (R, NC-10), Vice … Read More

What Kind of Investor Am I?

Financial JournalistCrowdfunding Laws, Invest, Investing, Uncategorized

Before you commit to an opportunity you’ll want to know what type of investor you are.  Here’s a list of definitions below: Accredited An accredited investor is “an individual with a net worth of at least $1 million, not including the value of his or her primary residence; an individual with income exceeding $200,000 in each of the two most recent calendar … Read More

Thank you for Helping Us Take Action On AB-2178

Kim KaselionisBlog Post, Crowdfunding Laws, Entrepreneur

It’s not yet over. We asked for your support by signing a petition to urge the California Legislature to pass AB 2178 (California Equity Crowdfunding). And we thank you for helping us get it off to California State Assembly Members Ed Chiu and Lorena Gonzalez to support the possible passage of bill soon. We believe that equity crowdfunding legislation will democratize the … Read More

Breakaway Funding Petitions The Passing of AB 2178

Financial JournalistCrowdfunding, Crowdfunding Laws

If you haven’t yet, please sign our petition on MoveOn.org for AB 2178. The assembly bill was introduced by Assembly Member Chiu and the principal co-author is Senator Allen. According to LegTrack.com, “This bill would authorize an applicant to file an application for qualification of the offer or sale of a security by crowdfunding permit if certain conditions are met, … Read More