Webinar for Tennessee Entrepreneurs - Crowdfunding With The Invest Tennessee Exemption

Cutwater Law PLLC, a Tennessee business law firm, will host a webinar on October 21, 2014 to help local entrepreneurs prepare for the Invest Tennessee Exemption, a new crowdfunding law that will take effect in 2015.

The Invest Tennessee Exemption will allow Tennessee businesses to solicit investments from Tennessee residents using all forms of mass media, including the Internet. Currently, online crowdfunding is limited to websites like Kickstarter that only allow entrepreneurs to solicit donations to fund business opportunities.

“The Invest Tennessee Exemption provides entrepreneurs with a new alternative to bank loans and money supplied by angel and venture capital investors,” said Bob Zeglarski, Founder of Cutwater Law, “For their part, crowdfunding investors living in Tennessee will actually have an opportunity to realize a financial return.”

The Invest Tennessee Exemption has numerous advantages over current and proposed federal regulations, including the JOBS Act of 2012:

• Neither state nor federal registration of the offering is required
• General solicitation (defined below) of Tennessee investors is permitted
• Funds may be raised from any Tennessee investor, regardless of financial means

Companies wishing to utilize the Invest Tennessee Exemption will need to follow strict rules set by state and federal regulators that aim to curb fraud.

Register for the webinar online at http://www.cutwaterlaw.com/webinars or via email (info@cutwaterlaw.com).

Bob Zeglarski

About Cutwater Law

Experience drives every Cutwater Law engagement. That’s important when it comes to learning a new client’s business and delivering legal services with efficiency. Cutwater Law provides legal input to business owners, entrepreneurs, and creatives to help them achieve business results. 
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Glossary of Terms

General Solicitation - Offers made pursuant to "advertisements published in newspapers and magazines, public websites, communications broadcasted over television and radio, and seminars where attendees have been invited by general solicitation or general advertising. In addition, the use of an unrestricted, and therefore publicly available, website constitutes general solicitation. The solicitation must be an “offer” of securities, but solicitations that condition the market for an offering of securities may be considered to be offers." (From the Securities and Exchange Commission's Website)