RESEARCH TRIANGLE PARK, N.C. — North Carolina's new Commerce Secretary wants to allow small investors to help fund in-state entrepreneurs through crowd funding.
"We have hundreds of thousands of entrepreneurs in this state. And crowd funding is a mechanism by which small entrepreneurs can go raise $1 million to $2 million easily without all of the bureaucratic morass of traditional securities laws," Sec. John Skvarla said shortly after attending an economic forecast forum put on by the N.C. Chamber and N.C. Bankers Association.
Image: Gov. Pat McCrory and Commerce Secretary John Skvarla speak to reporters on Jan. 5, 2015, after addressing an economic forecast forum.
