crowdfunding Archives

What are the risks and rewards of crowdfunding law?

by in AZ Business Magazine | Legal | Small Biz

Arizona’s new crowdfunding law, which is intended to give small companies in the local Arizona economy greater access to capital, took effect on July 3. Arizona joins a growing number of states that have recently enacted laws permitting some form of equity crowdfunding. For startups and other emerging growth businesses that may not have ready… Read More →

Op-Ed: Crowdfunding, bubbles, donuts and Millennials


By Steve Sadler, CEO, Allegiancy A quick question: What’s the connection between bubbles, donuts, Millennials living at home with their parents and a new crowdfunding model recently approved by the Securities Exchange Commission? You’re probably stumped. The first part of the answer lies in an alarming trend affecting an entire generation of Americans that has… Read More →

Here are the best ways for funding a startup


Researching how to fund a startup can be an arduous task. Many start the process by “bootstrapping”, which is the exact opposite of funding. It essentially means the entrepreneur uses their own savings to fund the business. There are many companies that have successfully launched using this strategy before taking on investors. For example, MailChimp and AirBnB… Read More →

Strength in Numbers: Crowdfunding bullish on real estate

7th Gate Center

Crowdfunding isn’t just about raising capital for smart watches, giant batches of potato salad or unexpected life events. It’s increasingly an online marketplace used by real estate investors around the country. Massolution reported last April that crowdfunding platforms raised $2.7 billion for more than a million campaigns in 2012. It went on to predict, as… Read More →

SEED SPOT hires Director of Entrepreneur Initiatives


Phoenix-based SEED SPOT, one of six incubators in the country focused on social entrepreneurs in the fields of health, education, energy and environment, human and basic rights, civic engagement, and community impact, hired C’pher Gresham as its Director of Entrepreneur Initiatives. In his new role at SEED SPOT, Gresham will be responsible for enhancing programs,… Read More →

Passco offers investors crowdfunding option for Tempe property

Ovation at Tempe, WEB

Passco InSite, LLC,  a joint venture between Passco Companies, LLC and InSite Investment Realty, has acquired the 270-unit Class B garden-style multifamily community Ovation at Tempe for $25.85 million. According to Bill Passo, CEO and Founder of Passco Companies, this new joint venture is an extension of a 20-year relationship with long-standing track record, market… Read More →

Mixed-use project becomes largest crowd-funded real estate transaction in Phoenix

Zen Class Travel product
by in AZRE Magazine | Brokerage | Featured | Investment

7th Gate Center, a 43,426 square foot mixed-use project located at 1601 North 7th Street in Phoenix, closed for $5,025,000 on June 17. Braxton Glass, Vice President of ORION Investment Real Estate in Scottsdale, facilitated the transaction purchased by Cole Valley Partners, a boutique commercial real estate investment firm based in San Francisco. Harnessing an… Read More →

Equity Crowdfunding Rules Approved by SEC

by in Business News | Finance | Legal | Tech

Although delayed for nearly a year, today the Securities and Exchange Commission unanimously approved the release of proposed equity crowdfunding rules. The proposed rules have been published and are available on the SEC website for public comments. The rules are part of the implementation of The JOBS Act, a 2012 law which legalized the opportunity… Read More →

Tempe Start-Up a Finalist for Crowdfunding Contest


Out of over 125 small businesses that applied, Tempe start-up – Global Cancer Diagnostics, Inc. – has been selected by The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, and the Small Business & Entrepreneurship Council (SBE Council), an advocacy and research organization for entrepreneurs, and… Read More →

Frutkin Publishes Equity Crowdfunding book


There has been widespread recognition of the emerging power of crowdfunding, the online phenomenon that provided more than $10 million for iPhone-compatible watch creator Pebble and $5.7 million for the upcoming Veronica Mars movie. Valley Attorney Jonathan Frutkin of The Frutkin Law Firm recently published a new book about this new source of finance, known… Read More →

Need $1 million for your business?

by in Business News | Small Biz

On April 5, 2012 President Obama signed into law the Jumpstart Our Business Startups Act, or JOBS Act.  Business owners and entrepreneurs need to know about the JOBS Act because it will allow startups and existing businesses to raise up to $1 million in investment capital each year using the Internet and other social media… Read More →

Kickstarter projects generate millions of dollars

by in Business News | Economy | Small Biz | Tech

A funny thing happens on Kickstarter, the website where people ask for money to finance their projects. Sometimes, they get more money than they ask for. Sometimes, they get millions more. In April, three-person startup Pebble Technology sought to raise $100,000 to make 1,000 wristwatches that can be programmed with different clock faces. Donors on… Read More →

Creative Financing: Innovative Options For Funding Business

Creative Financing: Options for Funding Business

Whether you are just formulating a business plan for launch or you already have a company that is in need of a cash infusion, bank loans are often unattainable if you don’t meet the proper requirements. Fortunately, there are a variety of creative ways to fund the growth. If your banker turns you down, instead… Read More →