British Columbia, along with 5 other Canadian provinces, recently joined Saskatchewan in allowing Equity Crowdfunding. Reportedly, startups will be permitted to raise up-to $250,000 per offering, twice a year. (Source) There are two types of crowdfunding according to Forbes contributor and CEO of Crowdfunding, Chance Barnett – 1) Investment Crowdfunding – where startups “sell ownership […]
By: Jim Pettinger Thousands of entrepreneurs and others are jumping on the “crowdfunding” bandwagon unleashed by the Jumpstart Our Business Startups (JOBS) Act, signed into law by President Obama in April 2012. Quite simply, it allows individuals and small companies to raise venture funds via the internet without the burden of typical fundraising compliance issues. […]
Editor’s Note: This guest post for Trade Tips Blog was written by Tom Klausen. By: Tom Klausen The United States presents a tremendous market opportunity for Canadian entrepreneurs, but selling across the border has to be done carefully. A critical ingredient to exporting success is financing. You must ensure that you have adequate working capital […]