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SEC Adopts Rules to Permit Crowdfunding

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SEC News
Created on November 5, 2015

Crowdfunding Word CloudThe Securities and Exchange Commission today adopted final rules to permit companies to offer and sell securities through crowdfunding.  The Commission also voted to propose amendments to existing Securities Act rules to facilitate intrastate and regional securities offerings.  The new rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections.

Crowdfunding is an evolving method of raising capital that has been used to raise funds through the Internet for a variety of projects.  Title III of the JOBS Act created a federal exemption under the securities laws so that this type of funding method can be used to offer and sell securities.  

Powerful Connections: Collaboration with an MBDA Business Center!

Blogged By: 
Martin Ezemma, MBDA Business Development Specialist
Created on November 4, 2015

Federal Gateway - MBDA BoothDuring my time in the booth at the 2015 Minority Enterprise Development (MED) Week celebration, a colleague excitedly announced that a minority business owner was interested in signing an engagement contract with one of our Business Centers. I quickly arranged the table so that Kareem Cook, COO and Chief Marketing Officer for Naturade and the Miami Minority Business Development Agency (MBDA) Business Center Consultant, Jorge Iglesias could meet because I saw the enthusiasm on both of their faces. I joined the meeting to learn more about the opportunity that the client was bringing to our MBDA Business Center and how we could be of service.

Weeminuche Construction Authority Recognized as Minority Construction Firm of the Year

Blogged By: 
Jean-Robert Baguidy, Team Lead Capital Access
Created on November 4, 2015

Weeminuche Construction Authority (WCA) as Minority Construction Firm of the Year

This year's National Minority Enterprise Development (MED) Week awards ceremony recognized Weeminuche Construction Authority (WCA) as Minority Construction Firm of the Year.  The company was formed in 1985 by the Tribal Council of the Ute Mountain Ute Indian Tribe, to create a Tribal-owned business enterprise that would offer employment and increase income for the Tribe. WCA is wholly owned by the Tribe and has functioned as a successful construction company under the same name since its inception.

Boots to Business Reboot to Expand its Offering to More Veterans

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Created on November 4, 2015

VeteransDuring the third annual celebration of National Veterans Small Business Week Nov. 2-6, the Small Business Administration will host 30 Boots to Business: Reboot entrepreneurship training events nationwide.

This coming year, the SBA will be able to present more than 100 Boots to Business: Reboot entrepreneurial training workshops.  The other big news is that for the first time, the program will be available to military veterans of all eras. This also includes service members (including members of the National Guard and reserve members) and their spouses.

The Boots to Business: Reboot curriculum will introduce veterans to the fundamentals of business ownership, including evaluating business concepts and developing a business plan. Course participants will be introduced to their local SBA resource partners, consisting of Veterans Business Outreach Centers, Women’s Business Centers, Small Business Development Centers and SCORE.

Self-employed? Get Ready for Open Enrollment for 2016

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Created on November 3, 2015

The Health Insurance Marketplace  It’s time to get covered.  Open Enrollment for 2016 coverage started on November 1 and runs through January 31. is working for millions of Americans and it’s ready to help even more get covered. The deadline is December 15 to sign up for coverage that starts on January 1, 2016.  If you want to start the New Year with coverage, you must sign up by December 15. For people who enroll after December 15, coverage will begin on February 1.

Financial assistance is available. Most people who enroll in health coverage through qualify for financial help to make their monthly premiums more affordable. Over 7 out of 10 people can find a health insurance plan for as little as $50 or less per month.

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