Many small businesses are still struggling to raise capital in the wake of the Great Recession, despite a flurry of government and private initiatives.
President Obama launched Startup America to encourage entrepreneurship, stressing that small businesses traditionally have been the engine of job creation, and Federal Reserve Board Chairman Ben Bernanke regularly talks up his concern for small businesses and keep tabs on small business funding.
Now there's an effort to exempt startup businesses from the complex U.S. securities registration and filing requirements when they acquire relatively small amounts of loans and equity.
To read the full, original article click on this link: Crowdfunding Promoted to Help Small Businesses
Author: KATHERINE REYNOLDS LEWIS
