Sunday, November 30, 2014

William Michael Cunningham Talks Crowdfunding on Next Word TV

Fwd: DC Crowdfunding Events!


National Crowdfunding Services, LLC. December 1, 2014. Volume 4. Number 22.

National
CROWDFUNDING

CROWDFUNDING FOR dc, minority and women businesses

This newsletter is being sent to you because you signed up at National Crowdfunding Services, BlackCrowdfunding.net or MinorityFinance.com

DC Crowdfunding!

Shiloh Baptist Church holds a shopping expo every year at the Shiloh Family Center, 1510 9th Street, NW, Washington, DC. This year, we attended with DC Gives More, "an initiative to bring together a diverse and dedicated group of local organizations to raise awareness for #GivingTuesday and to help reach generous fundraising goals for Washington, DC."

The Shiloh event was fantastic, and it does not stop here. It will be held on the weekends of December 6, 13 and 20. 


other events and news


Financing Options for Startups and Small
Businesses.


On Saturday, 12/6/14, from 9:30 a.m. to 12:30 p.m. the National Council of Negro
Women, Inc. (NCNW) will hold a seminar of Financing Options for Startups and Small
Businesses. The event will be held at the Dorothy I. Height Building, 633 Pennsylvania Avenue, NW,
Washington, DC. Free, but you must register by close of business on Tuesday, December 2 at hackshawncnw@gmail.com



Next DC Equity Crowdfunding Meetup 12/3/14 at 7pm

We held the DC Crowdfunding Challenge  launched the DC Equity Crowdfunding Meetup Group several weeks ago to facilitate the development of equity crowdfunding in DC.

Our next meeting is on Wednesday, December 3, 2014 at 7 pm. Mr. Theodore Miles (left), Assistant Director, DC Department of Insurance, Securities and Banking, the agency responsible for regulating equity crowdfunding in DC, will speak about the new regulation allowing equity crowdfunding in DC. Wednesday, 12/3/14. 7:00 p.m. DC Equity Crowdfunding Offerings? Mellow
Mushroom, 2436 18 Street, NW, Washington, DC. Free. RSVP at:
http://www.meetup.com/DC-Equity-Crowdfunding-Meetup/events/218894597/

Four DC businesses use crowdfunding in support of innovative projects!  

National Crowdfunding Services (NCS)  introduces several DC-based entrepreneurs and business owners to crowdfunding every month via the "Washington DC Crowdfunding Challenge", an initiative created by NCS and supported by the DC Government. At our most recent event, four DC-based individuals and businesses launched crowdfunding campaigns in support of innovative projects and products:

City Fitness Gym, owned by Dega Schembri and Lucinda LaRee, is a local company founded in 1983. They are seeking help City Fitness to stay an independently owned neighborhood gym. http://igg.me/at/cityfitness

Wanda's on 7th is crowdfunding a new product, Shirley's Secret, made with peanut oil and sage, Shirley's Secret "Keeps hair moist, strong and healthy."  http://igg.me/at/wandas

Uniontown Bar and Grill is seeking to bring communities together. Uniontown wants to be known as a venue for bringing jazz musicians from all over the US to Anacostia. http://igg.me/at/uniontown

African Heritage Dancers & Drummers has launched a campaign to create an archival book detailing and describing the origins and history of African Dance in America. http://igg.me/at/africanheritage

For more, please see: http://www.slideshare.net/wmcunningham/nov-18-dc-crowdfunding-challenge-press-41867326


Schedule an appointment
Learn more or to start crowdfunding (nominal fee): https://nationalcrowdfundingservices.acuityscheduling.com/


Our New app! 
We have created a small app for National Crowdfunding. Please download it and let us know what you think: 
http://ncsdca.appsme.com





 


Equity Crowdfunding Video and Top 50 Crowdfunding Report

National Crowdfunding Services, LLC has been actively working to make sure DC residents are fully informed. These efforts include a Video on Equity Crowdfunding: http://youtu.be/HfZuroZG51Y

National Crowdfunding Services has also been actively researching crowdfunding, having recently published a unique analysis of the Top 50 Crowdfunding Campaigns.
Avg Raised by the Top 50 Crowdfunding Campaigns
The report, available online, notes that the best crowdfunding campaigns are about something people can't get anywhere else, at any price. They also are about something that makes life better for someone else.

For more information or to schedule a consultation, contact wmc@nationalcrowdfundingservices.com or call 202-455-0430.


Other Crowdfunding Articles and News:

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--
Speaking: http://www.williammichaelcunningham.com
Crowdfunding: http://www.Nationalcrowdfundingservices.com
Twitter: @CreativeInv

My book: The JOBS Act: Crowdfunding for Small Businesses and Startups
http://www.amazon.com/JOBS-Act-Crowdfunding-Businesses-Startups/dp/143024755X/

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"Evil is not driven out, but crowded out...through the expulsive power of something good. " MLK

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Thursday, November 20, 2014

Impact of Mid-term Elections on Crowdfunding

The 2014 Midterm elections were a sweep for the Republicans. What is the impact on crowdfunding?

The breakout of the US Congress post-election is:

House of Representatives -186 Democrats, 244 Republicans
Senate - 46 Democrats, 53 Republicans (shown below):

The Republican majority in the House is significant. In political reality, this means that the Republicans control the government.

Legislative priorities identified so far include:
 ·       Significant tax reform
·        Health care
·        401K reform
·        Obama care repeal
·        Increase in number of visas granted to the high tech industry
·        Copyright protection

Note that crowdfunding is not on this list. Nor is small business. 

Conventional wisdom states that Republican control means a pro-business atmosphere. While this should be good for crowdfunding, the disruptive impact that crowdfunding has on large financial institutions may be a barrier. We know that large financial institutions, with much to lose from crowdfunding, are well represented by the Republican Party. The Republican Party is the party of big, not small, business. These large institutions will seek to slow the adaptation of crowdfunding.

Opinion by William Michael Cunningham

Research by Jing Chen & Jianning Zhang, Masters Candidates in Accounting, Smith School of Business, University of Maryland. They are both Crowdfunding Research and Development Interns, NCS, Fall, 2014. 

Tuesday, November 11, 2014

NCS App

We have created a small, summary application providing information on NCS and the Top 50 Crowdfunding campaigns. Download at: http://ncsdca.appsme.com or click on the picture below.

NCS App