With the JOBS Act finally put into effect earlier this year and our incoming president as a businessman turned statesman: investors and entrepreneurs alike are eager to see what 2017 will bring. Will this shape up to be year ripe for a boon in crowdfunded campaigns?
1. This past May 16th, 2016, the US Securities and Exchange Commission implemented all provisions of the JOBS Act of 2012. Finally. But because Americans don’t sit for long, amendments to the JOBS Act were approved in a flurry.
2. Forbes predicts that crowdfunding will surpass venture capital for investing.
3. According to BusinessNewsDaily, “Crowdfunding is here to stay. By 2025, the global crowdfunding market potential could be between $90 billion and $96 billion,” said Bill Clerico, co-founder and CEO of WePay, citing data from the World Bank. “Crowdfunding will grow dramatically as a way to finance non-tech businesses that have been traditionally financed by bank loans and friends and family.”
4. The global crowdfunding industry is at $34.4 billion – yes, billion, in only a few short years. Crowdfund investing is just at the beginning stages in America: Imagine what this number will be at the end of 2017.
5. Equity crowdfunding is a potential equalizer for women and minority owned business owners who may not have great access to capital. Capital formation from within your community is empowering in more ways than one.