NEW YORK, Jan. 23, 2017 /PRNewswire/
-- GrowthFountain, an innovative equity crowdfunding platform
that provides local businesses with an exciting new channel to
raise capital, announced today its official platform launch for
online investing.
Made possible by the recent implementation of the 2012 JOBS Act,
GrowthFountain delivers a revolutionary opportunity to average
Americans – access to privately held startups and small businesses
across the country.
GrowthFountain enables entrepreneurs and investors to
efficiently capitalize on these changes. To facilitate local and
regional connections, the platform has partnered with credit union
thought-leader Callahan & Associates. Together, they've
developed custom marketing for numerous partners, such as Digital
Federal Credit Union, making crowdfunding available to over 750,000
members. When small business owners turn to credit unions for
capital, they now have an additional option – selling equity. Using
state-of-the-art technology, customers and community members can
become owners, making a financial return, while contributing to the
growth of their local businesses.
GrowthFountain provides tutorials and tools specifically
tailored for local equity crowdfunding, including a series of
calculators to help companies determine the amount of capital to
raise and explore potential valuations. When it comes time to raise
capital, GrowthFountain provides a streamlined process to
facilitate the creation of SEC-required documentation.
"We started GrowthFountain to level the playing field for small
businesses. Until now, small business finance options were cost
prohibitive and inefficient – and only a limited number of people
met wealth or income thresholds that allowed them to invest. The
JOBS Act has improved capital access and we've made it simple,"
said GrowthFountain CEO, Ken Staut.
"No longer will America's small businesses – which comprise roughly
half of our economy – be considered the forgotten asset class."
About GrowthFountain:
GrowthFountain is an SEC registered Funding Portal and FINRA
Member where individuals can come together to support entrepreneurs
and small businesses across America. To learn more about
GrowthFountain and the risks of crowdfunding, please visit
www.growthfountain.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/equity-crowdfunding-platform-launches-to-simplify-raising-capital-for-small-businesses-300394700.html
SOURCE GrowthFountain