The Assembly Financial Institutions and Insurance Committee voted Thursday to release a bill that would allow private businesses in New Jersey to “crowdfund” through web portals.
The concept, which calls for raising money through small contributions made online by a large number of investors, has been made popular by the website Kickstarter, which since its inception in 2009 has led to roughly $1 billion in funding for some 62,000 total projects.
Image Courtesy of Stuart Miles / FreeDigitalPhotos.net
To read the original article: Crowdfunding bill advanced by Assembly panel | NJBIZ
