Ask an Entrepreneur: What's Crowdfunding?
President Obama today signs the Jumpstart Our Business Startups (JOBS) Act, a bill that enacts many of his policies to encourage startups and support our nation’s small businesses. One key element of this legislation will allow small businesses and startups to harness "crowdfunding" as a means of accessing capital. How does "crowdfunding" work, you may wonder? StartUp America asked an entreprenuer, Dana Mauriello, Founder and President of ProFounder, which was created to give entrepreneurs and small business access to an easy and simple fundraising platform. Here's what she said: