The White House and The SBA launched the Startup America website with the goal of promoting entrepreneurship in the USA. To help them understand the problems and issues facing entrepreneurs, they asked this simple question:
To date there have been over 200 replies. Over 25% of those replies have to do with capital formation! No other issue adds up to as high a percent as that. And the suggestions range from access to capital to tax credits to regulatory changes.
Obviously small businesses and entrepreneurs need access to capital to grow their businesses, innovate and hire Americans. Our suggestion: Have the SEC create a $1M exemption for Crowd Fund Investing, as voted by the users, is the #1 idea on Startup America’s website!
Now is the time! Our idea is part of the solution! Thank you all for your support and let’s tell Washington to make it legal for the average American to take a few dollars and invest it in our community entrepreneurs!