July 14, 2014
AWB
   
Fast Facts
Bringing Business Up to Speed
AWB Events & Resources

The rules for crowdfunding are changing; learn what's new at the Equity Crowdfunding Summit



The online world was mirthfully agog last week by news of a man who raised more than $49,000 on the crowdfunding site Kickstarter simply to make his first-ever bowl of potato salad. Yet despite the quirky nature of this campaign, crowdfunding shouldn't be dismissed a way to raise money for businesses enterprises.

The opportunities are expanding in Washington with a new state law, HB 2023, which adds to the options — and the stakes — of “equity crowdfunding.” The new law allows donors to actually invest and receive a small ownership piece of the company. AWB is co-sponsoring the 2014 Equity Crowdfunding Summit to learn more about this new law.

The panel will include Joe Wallin, a partner at Davis Wright Tremaine, who wrote a good summary of the new law. The panel will also include the prime sponsor of HB 2023, state Rep. Cyrus Habib, D-Bellevue. They will be joined by two top administrators from the Securities Division of the Washington State Department of Financial Institutions, Director Bill Beatty and Chief of Registration Faith Anderson. High-tech lobbyist Lewis McMurran will round out the panel.

The summit will be held Aug. 7 from 4-8 p.m. in “The Grove” building at North Seattle College. For more information and to register, visit www.crowdfundingwa.info.



« Back to Main
Sponsors
AWB in the News

Retired Greater Spokane Inc. CEO to lead statewide initiative

By Katie Ross, Spokane Journal of Business
  
Rich Hadley, who retired as Greater Spokane Incorporated's CEO just two months ago, has agreed to head up a statewide initiative aimed at helping the Olympia-based Association of Washington Business forge closer ties with local chambers of commerce and economic development councils.
Click to read the full column in The Spokane Journal of Business
THE LATEST FROM WASHINGTON BUSINESS MAGAZINE

The Internet -- It May Catch On 

By Jason Hagey, Association of Washington Business

In 1995, when some educators were still debating whether students should be allowed to use the Internet, a young teacher at St. Charles Borromeo School in Tacoma assembled a group of fifth-graders to show the grownups the way forward.
Click to read the full story from Washington Business Magazine
Upcoming Events
«

Sep

»
SMTWTFS
      1
2345678
9101112131415
1617192122
23242526272829
30123456

«

Oct

»
SMTWTFS
 123
13
14151617181920
2124252627
28293031123