Yesterday Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, which is good news for small businesses. The bill enables startups to raise equity financing for their businesses through crowdfunding platforms. This graphic courtesy of Crowdfunder.com provides a good explanation of the history and potential of crowdfunding. Click the thumnail for the full sized version.
Last Thursday, the US Senate approved the JOBS Act, a piece of legislation that would make it easier for small businesses to raise financing. The bill was passed in the House a few weeks ago, and now, with the Senate’s changes, will go back to the House for debate and (hopefully) approval. It would then move to President Obama, who has already said he will sign it into law.
From our perspective, the bill represents a couple of features that would enable smaller investors to access the forestry investments marketplace.