If approved by the Senate and signed by the President -- which would seem likely with a 407 to 18 vote in the House, the kind of vote one expects for things like National Apple Pie Day -- this bill would allow a small business to attract up to $2 million from individual investors who put in a maximum of $10,000 per person. More information about the Entrepreneur Access to Capital Act is available from:
National Public Radio http://n.pr/w4tc2g
The Economist http://econ.st/uanzgA Thank you to Rolfe Larson for providing this information via his email network. The npEnterprise Forum discusses practical steps social enterprises use to build capacity, mission impact, and financial sustainability through income-generating business activities. This list is owned and edited by Rolfe Larson Associates LLC (http://www.RolfeLarson.com ). The npEnterprise Forum is the official listserv partner of the Social Enterprise Alliance. |