Republicans and Democrats may finally agree on something: Small business owners and entrepreneurs need better and more plentiful opportunities to gain access to capital, grow their businesses, and create more jobs.
Last month, the House voted 407 to 17 to pass passed the Entrepreneur Access to Capital Act, which seeks to makes it easier for small businesses and entrepreneurs to raise capital through crowdfunding. The new bill would let let small companies sell up to $2 million in equity online. Investors would be allowed to put in as much as $10,000 or 10 percent of their annual income—whichever is less.
To read the full, original article click on this link: Why the Crowdfunding Bill is Good for Start-ups | Inc.com
