This past week during a hearing at the House Subcommittee on Capital Markets, Raymond Keating of the Small Business & Entrepreneurship Council (SBE Council) delivered prepared remarks to the Representatives in attendance. The title of the hearing was the JOBS Act at Four: Examining Its Impact and Proposals to further Enhance Capital Formation. Keating provided feedback on the four bills on the roster for the morning session – a list that included the Fix Crowdfunding Act that in our opinion, hopefully becomes law.
But the beginning of Keating’s presentation touched upon an important subject. Traditional methods of providing access to capital for most early stage firms – remains a challenge.
Image: http://www.crowdfundinsider.com
