SEC and SBA to Partner on Events on Small Business Capital Raising Under the Jumpstart Our Business Startups (JOBS) Act
FOR IMMEDIATE RELEASE
Washington D.C., Sept. 16, 2014 —
The Securities and Exchange Commission, in partnership with the U.S. Small Business Administration, announced today they will jointly host events to inform small business owners and entrepreneurs about new options that are and will become available for capital raising under the Jumpstart Our Business Startups (JOBS) Act.
The events are designed for existing and aspiring small businesses, including those that are minority-owned, women-owned, and veteran-owned, and will discuss the JOBS Act, which expands the options that businesses may use to raise capital. One change already in place gives firms the ability to advertise certain private offerings; a second that is pending will allow firms to offer and sell securities through crowdfunding. The SEC is actively developing rules to implement JOBS Act provisions.
Representatives from the SEC’s Office of Small Business Policy in the Division of Corporation Finance, the Office of Investor Education and Advocacy, and the Office of Minority and Women Inclusion will co-host the events with the SBA’s Office of Investment and Innovation and the SBA’s Office of Entrepreneurial Development. The events will highlight additional ways small businesses may seek to raise funds under current and proposed SEC rules. The events will also give small business owners an opportunity to ask questions of the SEC and SBA staff.
The first event will be hosted by the University of Baltimore and held on September 25 from 2:00 – 4:00 p.m. at:
University of Baltimore
Merrick School of Business
Atrium & Auditorium
11 W. Mt. Royal Ave.
Baltimore, MD 21201.
Those interested in registering for the event may do so here.