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Crowdfunding Makes Cents In Land of Lincoln

Crowdfunding Makes Cents In Land of Lincoln

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Published by: Crowdsourcing.org on Jan 23, 2013
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02/03/2013

 
P R W e b e b o o k s - A n o t h e r  o n l i n e v i s i b i l i t y t o o l f r o m P R W e b   
C r o w d f u n d i n g M a k e s C e n t s I n L a n d o f L i n c o l n   
C o n z o r t i a B u s i n e s s F u n d i n g , I n c . L a u n c h e s C r o w d f u n d i n g S i t e F o r I l l i n o i s  
C h i c a g o , I l l i n o i s (  P R W E B    ) J a n u a r y 2 3 , 2 0 1 3 - - C o n z o r t i a B u s i n e s s F u n d i n g , I n c . , a l e a d e r i n t h e c r o w d f u n d i n g   m a r k e t , i n a f u r t h e r s t e p t o w a r d o f f e r i n g a c o n s o r t i a o f w e b s i t e s d e s i g n e d t o m e e t t h e g r o w i n g c r o w d f u n d i n g   m a r k e t p l a c e , h a s l a u n c h e d a s i t e t a r g e t i n g I l l i n o i s r e s i d e n t s . T h e J O B S A c t , p a s s e d i n A p r i l , p r o v i d e s f o r e q u i t y - b a s e d c r o w d f u n d i n g s o l u t i o n s f o r s m a l l b u s i n e s s e s &     i n v e s t o r s , b u t f i r s t r u l e s m u s t b e m a d e b y t h e S E C t o g o v e r n t h e c r o w d f u n d i n g i n d u s t r y . I n t h e m e a n t i m e ,  c o m p a n i e s , i n d i v i d u a l s a n d o r g a n i z a t i o n s i n I l l i n o i s w h o c a n l o o k a t t h e i r c a p i t a l n e e d s a n d f i g u r e o u t c r e a t i v e   w a y s t o a d d n o n - e q u i t y p e r k s t o t h e i r o f f e r c a n h a v e v e r y s u c c e s s f u l f u n d r a i s i n g c a m p a i g n s . F o r e x a m p l e , a   r e v o l u t i o n a r y d r e s s s h i r t d e s i g n r a i s e d a r o u n d $ 4 0 0 , 0 0 0 v i a c r o w d f u n d i n g r e c e n t l y . A n e w c o m p u t e r R P G     b r o u g h t i n a l m o s t $ 4 m i l l i o n i n c r o w d f u n d i n g r e v e n u e , a s w e l l . A n d t h e l i s t g o e s o n a n d o n f o r s m a r t  e n t r e p r e n e u r s r a i s i n g h u n d r e d s o f t h o u s a n d s o f d o l l  a r s t o d a y w i t h s u c c e s s f u l c r o w d f   u n d i n g p r o j e c t s .  N e a r l y $ 2 b i l l i o n d o l l a r s w a s a p p r o p r i a t e d b y c r o w d f u n d i n g p r o j e c t s l a s t y e a r . A r o u n d t h r e e b i l l i o n d o l l a r s i s  e x p e c t e d t o b e r a i s e d u s i n g c r o w d f u n d i n g p l a t f o r m s b y y e a r s e n d . " T h e C r o w d f u n d i n g i n d u s t r y i s o p e n i n g d o o r s f o r n o t o n l y i n v e s t o r s b u t a r t i s t s , t e c h i e s , g a m e r s , a n d t h e l i s t  g o e s o n , " d e c l a r e s R o b e r t D o b y n s , f o u n d e r o f C o n z o r t i a . " T a l e n t e d i n d i v i d u a l s n o l o n g e r h a v e t o a p p l y a h i t - o r -  m i s s p h i l o s o p h y t o t h e i r w o r k s o f a r t . N o w t h e p e o p l e w h o l o v e t h e i r w o r k c a n g i v e t h e i r a r t i s t i c c a r e e r a b o o s t  v i a c r o w d f u n d i n g . "  D o b y n s h o w e v e r w a r n s a g a i n s t t h e i d e a t h a t c r o w d f u n d i n g i s a n e f f o r t l e s s g o l d e n t i c k e t . " T h e r e i s r e a l w o r k   t h a t g o e s n o t o n l y i n t o t h e f i n i s h e d p r o d u c t b u t t h e e n t i r e c r o w d f u n d i n g e f f o r t i t s e l f , " D o b y n s s a y s . " Y o u h a v e   t o k n o w w h a t y o u r e l o o k i n g f o r a n d l e t p e o p l e k n o w w h a t i t i s y o u ' r e o f f e r i n g t o t h e w o r l d t h r o u g h a   c r o w d f u n d i n g p o r t a l l i k e C r o w d W O W z e r . "  T o l e a r n m o r e a b o u t c r o w d f u n d i n g i n I l l i n o i s , v i s i t  w w w . I l l i n o i s C r o w d f u n d i n g . c o m     

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