Crowdfunding Seeks to Sustain Connecticut Businesses

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Conzortia Business Funding, Inc Launches Crowdfunding Site To Benefit Connecticut Residents

Connecticut Crowdfunding

Connecticut Crowdfunding

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 Connecticut residents.

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. Several companies, organizations, and even individuals have found crowdfunding to be a highly useful tool for meeting certain capital needs via rewarding incentives.

For example, a amateur film on a crowdfunding platform recently raised $400,000 in startup funds using this method. A concept for an image-streaming cube acquired almost half a million dollars in crowdfunding revenue, as well. And the list goes on and on for ingenious 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 quickly becoming a powerfully successful road to jump starting new projects and businesses in Connecticut", declares Robert Dobyns, founder of Conzortia. "So long as incentives and rewards are being used rather than equity - until Spring, that is - the current crowdfunding model is a legal and helpful method for the people of Connecticut to achieve financial success."

Crowdfunding your idea does take some thought, though. "Proper crowdfunding does take strategic planning and skillful execution to succeed", Dobyns cautioned. "The key to a successful listing is having a plan and working that plan. While you're doing that, Conzortia is here to help."

To learn more about crowdfunding in Connecticut, visit http://www.ConnecticutCrowdfunding.com

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