Next Meetup

Alternative Funding Path - Intrastate Equity Crowd Funding Experiment
When you are looking to take outside capital for your new business startup, you either have to Register your offering or you need to find an Exemption from Registration. When we do "Angel Investing", we typically are using the Exemption known as "Reg D 506(b)". However, there are many other pathways. The State of Washington has an intrastate regulatory system managed by the Department of Financial Institutions (DFI). They have a Diagram of the possible pathways through the regulations mapped out here: http://dfi.wa.gov/documents/small-business-decision-tree/decision_tree.pdf One of those pathways is the Intrastate Equity Crowdfunding pathway. One of the authors of the law is Joe Wallin, an Attorney from Carney Bradley Spellman. This is a pathway where any Washington company doing most of their business in Washington , can raise funds from anyone in the state of washington. This is a local path to funding, instead of the Angel Accredited Investor path. If you have a company that is doing 80% of your business inside the state of washington and you want to raise up a small amount of outside funds ( less than $1M) , (See Crowdfunding: https://dfi.wa.gov/small-business/crowdfunding) , then you should come to this workshop and we will walk through the core application steps and outline the process and issues with this pathway.

Galvanize

111 South Jackson Street · Seattle

$10.00

What we're about

Seattle Angel is a group of angel investors and entrepreneurs working to bring more education and transparency to the early stage capital process. Join us for educational and networking events designed for you to connect with and learn from angels and entrepreneurs in the community.

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