As Maryland’s entrepreneurship community seeks new ways to free up early-stage capital, crowdfunding is becoming part of the conversation.
AccelerateBaltimore startup Full Society turned to a crowdfunding campaign to pay for their dev work.
Then there’s equity crowdfunding, which provides more than just a T-shirt.
A couple of months ago, Startup Maryland’s Mike Binko was telling a state Senate panel about how a proposal to create an angel investor tax credit would pave the way for equity crowdfunding to take hold in the state.
The angel investor tax credit proposal ultimately died in the legislature, but equity crowdfunding came anyway. Through a partnership with the Maryland/Israel Development Center, OurCrowd is now seeking out Maryland companies.
Amid all the testifying and evangelizing, this month’s Technical.ly Podcast arrives just in time to break down exactly what equity crowdfunding is, and how it’s different.
Erin Glenn, the CEO of Quire (formerly Alphaworks), talks about how the JOBS Act is changing the game, by bring unaccredited investors into the crowdfunding arena.
Then, Technical.ly contributor Jim Saksa takes a wider look at crowdfunding, offering some tips and tricks for executing a successful campaign.
Take a listen below, and don’t forget to subscribe to the podcast on iTunes or Stitcher.
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