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Tag Archives: Candace Klein

SoMoLend Crowdfunding Community Outreach Program Enlightens Small Businesses and Investors Nationwide on Crowdfunding Best Practices

16 Apr

By Robert Hoskins

As the thrist for crowdunding information continues to grow, Candace Kline, SoMoLend’s CEO, strives to keep up with demand to meet the need from small businesses and investors on how to get involved with the crowdfunding industry.  Klein is traveling to multiple locations across the country this spring to promote the crowdfunding industry’s value-added benefits that will augment the current venture capital marketplace by infusing hundreds of billions of dollars for startups, entrepreneurs and existing business that need money to expand operations.

SoMoLend Crowdfunding Community Outreach Program Enlightens Small Businesses and Investors Nationwide on Crowdfunding Best Practices

SoMoLend Crowdfunding Community Outreach Program Enlightens Small Businesses and Investors Nationwide on Crowdfunding Best Practices

“The demand is escalating for information on alternative access to capital, the ability to increase personal wealth, the state of regulatory affairs and the different platforms available in the crowdfunding marketplace,” says Klein. “I am excited and lucky to be at the forefront of this new crowdfunding industry with the ability to share this information with small businesses and investors,” adds Klein.

The Ritz Group in partnership with NowStreet is hosting a live Shark Tank event on April 18, where Klein will act as a an “Icon Shark” for the event at the City Club in Atlanta, GA. NowStreet, founded by Dara Albright, is a financial media company. The event features three Icon Sharks, who will act as experts in crowdfunding versus three of the best individuals selected from the virtual Pitch Tank. The purpose of the event is to bring increased awareness to the crowdfunding industry.

The Women’s Business Enterprise National Council is hosting the Ohio River Valley Women’s Business Council Regional Conference on April 23, at the Embassy Suites in Charleston, WV, where Klein will be a guest speaker. The event is an opportunity for women business owners to engage in networking, corporate round tables and one-on-one meetings with corporate procurement managers.

The Cleveland Business Connects (CBC) Magazine presents the Female Entrepreneur Summit at the Wyndham in Cleveland, OH, on April 24, where Klein will be speaking on the panel “Funding Your Business and Legal Resources”. Klein, as an entrepreneur, attorney, and advocate for women business owners, offers a unique perspective and expertise on this panel topic.

The Milken Institute Global Conference, on April 29, at the Beverly Hilton in Los Angles, CA, features Klein as a panelist on the topic “Crowdfunding for Startups and Small Businesses”. The purpose of this panel is to discuss how to maximize the promise of crowdfunding while minimizing the risks to entrepreneurs and investors.

Klein will be attending the Missouri Venture Forum Entrepreneurial Roundtable Series at the Sheraton Clayton Plaza in Clayton, MO, on May 16, where she will be a member of the “Money in the Crowd Panel”. The purpose of this event is to discuss what crowdfunding is in general, and if it is a good option for entrepreneurs and investors.

SoMoLend is the leading debt-based, crowdfunding platform that connects small business borrowers with individual and organizational lenders in a local area. SoMoLend.com automates the loan application process, as well as interest negotiations, funding progress and payments, and also provides fundraising campaign tools.

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The State of Equity-Based Crowdfunding…Primed, Capitalized and Waiting on the SEC

17 Feb

Capitol Hill Briefing on the
State of Equity-Based Crowdfunding

Please Join  for a Capitol Hill Briefing on:

WHO:            Small Business & Entrepreneurship Council

WHAT:        The State of Equity-Based Crowdfunding
                       …Primed, Capitalized and Waiting on the SEC

WHERE:     Washington, DC – The Capitol:  HVC 201 A & B

WHEN:        Tuesday, February 19, 2012 from 12:00 p.m – 1:30 p.m.

WHY:           Attend Crowdfunding Panel Discussion 

Moderator: Karen Kerrigan, President & CEO, SBE Council

Panel of Crowdfunding Subject Matter Experts:  

RSVP by February 15:   rsvp@sbecouncil.org  Please provide Full Name, Title and Association or Member/Committee Office

Purpose of Crowdfunding Briefing:

At this February 19 briefing, the nation’s principal leaders and experts on equity and debt-based financing will provide an in-depth review of the extensive build out and preparation that has taken place to help entrepreneurs’ access capital through online platforms, while protecting the investors who will finance these enterprises.  The group will touch upon the global advancement of equity-based crowdfunding, the significant challenges entrepreneurs still face in accessing capital and why it is vitally important that the SEC finalize JOBS Act rulemakings.

JOBS Act Background:

President Obama signed the Jump Start Our Businesses Start Up Act (JOBS Act) on April 5, 2012, which among other smart reforms to outdated securities laws, made equity-based crowdfunding legal.  The Securities and Exchange Commission (SEC), however, has missed important deadlines in issuing rules that will govern this promising and transformative marketplace for entrepreneurs.

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