Localstake NC will be hosting private Reg D 506(b) accredited investor offerings, 506(c) accredited investor offerings that can advertise and do general solicitation, and also public investment crowdfunding offerings using the North Carolina PACES Act exemption or Federal JOBS Act Regulation Crowdfunding or Reg A+ exemptions for retail investors and accredited investors. Startups and existing businesses can have offerings of several types including equity, SAFEs, convertible notes, revenue share loans, and conventional loans.
Start-up companies and existing businesses play a critical role in creating new jobs and growing the economy. The North Carolina Providing Access to Capital for Entrepreneurs and Small business (NC PACES) Act crowdfunding legislation enables a safe, fair, and easy way to finance startups and existing businesses in
Regulation Crowdfunding is a part of the federal JOBS Act securities law exemption. It is more complicated and expensive to implement, but enables investment crowdfunding at the national level. Offerings using both types of exemptions can be hosted on Localstake NC.
And for the first time, all
North Carolina residents can help fund businesses in their own community while potentially receiving a good return on their investment from interest on revenue share loans and other types of loans. They can also invest in equity offerings from high growth startups that were previously only available to wealthy angel investors, venture capitalists, and private equity firms. These types of investments can now be open to everyone.
How do businesses get funded on Localstake NC?
- The company vision
- The problem to be solved
- The product or service solution they have for that problem
- Identification of the target market and how to reach it
- A business plan and model that works
- An analysis of the competition and how to win
- A reasonable financial projection of the business
- The team that that can make the business a success
- The terms and disclosures about the investment offering
On the company profile webpage on
The next step is to run an investment crowdfunding campaign to raise the needed funding. The goal is to find investors in the community and around
Businesses can use