July 17th, 2012 
AT2W Staff 
Photo: islandconnections.com
Capital Sources Through Crowdfunding May Be The Way For New Businesses, Say Report
The Entrepreneur Access to Capital Act is helping those with startups a way to get funds from fresh capital sources:
Right now, all sorts of nonprofit causes and entertainment projects can receive cash donations from ordinary people through crowdfunding websites such as IndieGoGo.com, KickStarter.com, and RocketHub.com. But because of securities laws intended to prevent fraud, for-profit businesses aren’t legally allowed to raise funds from large numbers of donors to finance their ventures without first registering with the Securities and Exchange Commission or complying with restrictive SEC regulations.
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