crowdfunding Archives

Desert Schools extends ‘Shine On’ campaign

Desert Schools - community service and leadership award

Desert Schools extended its Shine On Campaign to donate $60,000 to local nonprofits for one more month. Now in its second year, Shine On is Desert Schools’ largest philanthropic effort, with plans to donate $60,000 to six local non-profits. Launched in October, the program utilizes crowd sourcing as a way for the organizations to receive… Read More →

SB-1425 boosts state’s equity crowdfunding law


The Arizona Small Business Association (ASBA) is spearheading the effort to pass legislation complementing last year’s intrastate crowdfunding legislation. Currently allowed in 28 other states, the Reg D 504 exemption will allow businesses to raise up to $1 million without going through the Securities Exchange Commission. This bill differs from the current crowdfunding law in… Read More →

Cronkite School, AZPBS launch crowdfunding campaign


Arizona State University’s Walter Cronkite School of Journalism and Mass Communication and Arizona PBS kicked off a crowdfunding campaign, Tuesday, to help Cronkite News students increase coverage of border and immigration issues during this election year. The Cronkite School is the first journalism program in the nation to establish a major partnership with Beacon, an… Read More →

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 →