Funding a New Venture via

The Internet is giving rise to a wide range of new options for inventors to fund their inventions. It is important for all inventors who are seeking funding to become familiar with the pros and cons of the various new options. One particularly exciting new options is known as Crowdfunding, wherein a large number of persons (including potential consumers of a new invention) collectively pool small contributions to fund a potential new venture.

Congress recently passed a new law, known as the Jumpstart Our Business Startups Act (JOBS Act), to encourage the funding of new ventures. This law lifts the ban on “general solicitations” to drive your fundraising efforts, thereby encouraging the growing movement towards Crowdfunding.

On January 10, 2013, the Financial Industry Regulatory Authority (FINRA) announced that it is inviting prospective funding portals to submit their proposed business models so that FINRA is better able to develop rules to regulate the funding portals.

CrowdCube and are both Internet platforms which enable small companies to issue shares over the Internet and receive small investments from registered users in return

Relational mediators act as an intermediary between companies and the public (e.g. SellaBand, ), and replace traditional intermediaries (such as venture capitalists). These platforms link inventors with potential supporters, if the supporters can be convinced to provide support.

If you think this might be a viable option for your new invention, please contact us at [email protected] and we can provide you with further information.