They Say Crowdfunding is the Place you Ought to be

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Conzortia Business Funding, Inc launches crowdfunding site for California.

California Crowdfunding

Crowdfunding In California

Conzortia Business Funding, Inc, a leader in the crowdfunding market, in a further step toward offering a consortia of websites designed to meet the growing crowdfunding marketplace, has launched a site targeting California residents this week.

The JOBS Act, passed in April, provides for equity-based crowdfunding solutions for small businesses & investors, but first rules must first be made by the SEC to govern the crowdfunding industry. In the meantime, companies, individuals and organizations in California who can look at their capital needs and figure out creative ways to add non-equity perks to their offer can have very successful fundraising campaigns. For example, a campaign for an inexpensive, small, bluetooth speaker raised just short of $1 million via crowd funding recently. A bare bones 3D printer kit secured nearly $1 million in crowdfunding revenue, as well. And the list goes on and
on for smart entrepreneurs raising hundreds of thousands of dollars today with successful crowdfunding projects.

Nearly $2 billion dollars was appropriated by crowdfunding projects last year. Around three billion dollars is expected to be raised using crowdfunding platforms by year's end.

"Crowdfunding is being used creatively right now to help individuals and businesses in California achieve their goals", declares Robert Dobyns, founder of Conzortia.

"As long as stock or equity in a company isn't being offered, crowdfunding is a legal and viable method of raising funds for Californians".

Crowdfunding your idea does take some thought, though. "Proper crowdfunding does take strategic planning and skillful execution to succeed", Dobyns cautioned. "Plan and work the plan. That's what makes for a successful venture. And Conzortia is here to help Californians with that execution."

To learn more about crowdfunding in California, visit http://www.CrowdfundingInCalifornia.com

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Robert Dobyns
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