Equity crowdfunding is a mechanism that enables broad groups of investors to fund startup companies and small businesses in return for equity. Investors give money to a business and receive ownership of a small piece of that business
The mission is to educate and assist entrepreneurs on the opportunities and risks associated with intrastate crowdfunding.
However, if you are interested in using equity crowdfunding on a local basis, a growing number of states have enacted exemptions within existing federal law that allow local small businesses and entrepreneurs to use intrastate equity crowdfunding to help grow their businesses by tapping into the crowd within their state’s borders.
To learn if equity crowdfunding is legal in your state, or if your state is considering enacting crowdfunding legislation, check out the following resources, Intrastate Crowdfunding Directory