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Crowdfunding Industry Leaders Gather for Ceremony Hosted by the White House Honoring Crowdfunders

posted Jun 3, 2013, 1:17 PM by Andrew Manzo   [ updated Jun 4, 2013, 2:52 PM ]
“Crowdfunding enables individuals, non-profits and businesses to leverage their social networks to raise funds online, filling a crucial gap in the capital markets." - Dara Albright, co-chair of the CfPA PR committee.

Selected members of the Crowdfunding Professional Association (CfPA) have been invited to attend the Champions of Change ceremony at the White House honoring those using crowdfunding to fuel job growth and fuel the economy. This month, the Champions of Change event will honor enterprising entrepreneurs and small business owners for fueling business growth through crowdfunding.

The CfPA, comprised of many prominent crowdfunding advocates and organizations, was invited to attend this momentous event. The CfPA is the industry’s pioneering, nonprofit trade organization established by the thought leaders who founded the crowdfund investing movement in the United States, those who wrote the framework for President Obama’s Jumpstart Our Business Startups Act (JOBS Act) and the dedicated individuals who lobbied for its passage, which was signed into law on April 5th, 2012.

Crowdfunding enables individuals, non-profits and businesses to leverage their social networks to raise funds online, filling a crucial gap in the capital markets,” says Dara Albright, co-chair of the CfPA PR committee. “As small business owners, entrepreneurs and investors await the final rules from the SEC and FINRA to start equity-based crowdfunding, it is important to remember that crowdfunding is seeing explosive growth worldwide, and the U.S. needs to be at the forefront of this movement to jumpstart our economy.”

Donation-based crowdfunding is already empowering many entrepreneurs, while equity-based crowdfunding will soon be facilitated by the Jumpstart Our Business Startups (JOBS) Act, which the President signed last year with bipartisan support and will be implemented once the SEC finalizes its rules.

The CfPA also recently announced that it will host its Second Annual Crowdfund Investing Innovation Forum on August 8-9, 2013 in Orlando, FL. The forum is the must-attend conference for leaders, entrepreneurs, investors and policy makers who are committed to fostering capital formation and job creation.

CfPA board members and executive committee members attending the ceremony include:

Luan Cox, CEO of Crowdnetic 
Ruth Hedges, CEO of Unismart Capital Software Inc. 
Elizabeth Kulik, CEO of ProHatch 
Scott McIntyre, Managing Director of Phabriq Development 
Maurice Lopes, Founder of EarlyShares 
Joy Schoffler, Principal of Leverage PR 
Sara Hanks, CEO of Crowd Check 
Daryl Bryant, CEO of StartupValley

Representing the CfPA as general council is Doug Ellenoff of Ellenoff, Grossman & Schole.

The Champions of Change ceremony will be held on June 4 from 2:30-4:00pm in the Eisenhower Executive Office Building South Court Auditorium at the White House.

About the CfPA 
The http://www.cfpa.org/ (CfPA) is dedicated to facilitating a vibrant, credible and growing crowdfunding community while advocating for an industry view versus a single company perspective. The association's collaborations and insights are shared broadly to avoid onerous, stifling bureaucracy that can endanger innovation, idea generation and job creation. To learn more visit http://www.cfpa.org


Posted From ; http://www.prweb.com/releases/cfpa/whitehouse/prweb10793498.htm

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