Categories: News

Equity crowdfunding portal StartEngine Capital LLC filed registration with the SEC to begin the regulatory process to conduct Title III crowdfunded offerings

StartEngine Heralds a New Era to Lift Up a Diverse Set of Entrepreneurs, Welcomes More of America to Real Entrepreneurial Dreams

January 29, 2016 
SANTA MONICA, Calif.StartEngine Capital LLC, a wholly-owned subsidiary of StartEngine Crowdfunding, Inc., an industry-leading equity crowdfunding platform, has filed with the United States Securities and Exchange Commission (SEC) to register as a Funding Portal under Title III of the Jumpstart Our Business Startups Act of 2012 enacting equity crowdfunding. StartEngine is one of the first applicants to begin the process to become a registered Funding Portal with the SEC and, when available in February, will apply to become a member of the Financial Industry Regulatory Authority (FINRA) under the historic rules which were approved last October and will go into effect on May 16, 2016, allowing entrepreneurs to raise up to $1M per year via equity crowdfunding from all investors.

“The US government has helped by lowering the barrier to entry, and now we will do our part. We believe this will spur a small business revolution, empower more women and minorities and revive the American dream.”

“Title III represents the next wave of investment opportunities for entrepreneurs across America, which will stimulate the economy and create jobs,” said Ron Miller, CEO of StartEngine. “The US government has helped by lowering the barrier to entry, and now we will do our part. We believe this will spur a small business revolution, empower more women and minorities and revive the American dream.”

Equity crowdfunding fuels innovation and growth by providing access to capital that can take businesses from ideas to viable products and real jobs. This new source of funding will help all entrepreneurs, but may have an especially meaningful impact for women and minorities who may otherwise struggle to secure funding through traditional means such as venture capital and angel investment. Title III marks another milestone in the rise of online financing and equal investment opportunity for all.

For more information about the StartEngine platform, please visit www.startengine.com or follow us on Twitter at www.twitter.com/startenginela.

About StartEngine Crowdfunding, Inc.

StartEngine is a premier equity crowdfunding platform, connecting qualified Millennials and other investors with tomorrow’s progressive companies. Based in Los Angeles, the company was created in 2013 by Howard Marks, co-founder of Activision, and Ron Miller. StartEngine is committed to the technology revolution in the startup business model for people to invest in private companies on a public platform, thereby helping entrepreneurs achieve their dreams. Learn more at http://www.startengine.com.

 

Editor

Recent Posts

Crafting Your Startup MVP: A Comprehensive Roadmap for Efficiency and Cost Savings

Many of you probably know that one of the most crucial steps in running a…

1 week ago

EV fleet management startup Synop launches mobile app

New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…

1 week ago

Blockchain industry set to benefit from new collaboration between University of Notre Dame and startup Crescite

The blockchain industry is set to benefit from a new collaboration between the University of…

1 week ago

NTT Research Foundation announces gift to establish Harvard University Center for Brain Science Fellowship Program

The NTT Research Foundation announced this month a gift to establish the Harvard University Center…

2 weeks ago

Unveiling GA4 Reports & Interface: A Beginner’s Guide (Part 2)

Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…

2 weeks ago

Pitbull Ventures Closes $5M Fund To Help The Next Generation of Vertical SAAS Companies

Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…

2 weeks ago