SEC and SBA to Host Event on Small Business Capital Raising Prior to Small Business Forum
FOR IMMEDIATE RELEASE
Washington D.C., Nov. 14, 2014—
The Securities and Exchange Commission, in partnership with the U.S. Small Business Administration, today announced they will jointly host an event on November 19, a day prior to this year’s Government-Business Forum on Small Business Capital Formation, 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 event is 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 event with the SBA’s Office of Investment and Innovation and the SBA’s Office of Entrepreneurial Development. The event will highlight additional ways small businesses may seek to raise funds under current and proposed SEC rules. The event will also give small business owners an opportunity to ask questions of the SEC and SBA staff.
The event, which is free of charge and open to the public, will be held from 3:00 – 4:30 p.m. at:
U.S. Securities and Exchange Commission
100 F Street N.E.
Washington, D.C. 20549
Those interested in registering for the event may do so by emailing OMWI@sec.gov.