Last week, NC IDEA announced a new opportunity for North Carolina startups and existing businesses that are preparing investment crowdfunding campaigns to raise capital. As we expand our mission to more actively serve those that are underrepresented and underserved, we are partnering with Localstake NC to test the appetite for investment crowdfunding in North Carolina by offering an Investment Crowdfunding Grant for the first time in Spring 2019.
North Carolina lags behind other states when it comes to using investment crowdfunding as a vehicle for companies to raise funds; and the recent passage of the NC PACES Act gives North Carolina companies another mechanism to raise capital from individuals in a compliant and organized manner. Platforms like Localstake NC have emerged over the last few years to help companies raise investment capital from individual investors. Conversely, these platforms allow all individuals regardless of accreditation to support local companies with their investment dollars. While this mechanism has helped thousands of companies across the country successfully raise capital, to date, few companies in North Carolina have taken advantage of this potential alternative to raising money.
Learn more about our Investment Crowdfunding Grant and make plans to join us this coming Monday, December 17th for an Info Session via Webinar to see if this opportunity may be right for you and your company.
Applications will also open for the Investment Crowdfunding Grant on December 17th and be open through January 28th. And speaking of applications, we are still accepting applications for our next cohort of NC IDEA LABS now through December 24th. More details here