Entrepreneurs, know your options for raising capital
March 3, 2016
Register now for LARA’s free webinars and seminars
Entrepreneurs interested in knowing more about available options for raising capital and many other issues important to the success of their new business can learn more by participating in several upcoming webinars or attending an upcoming seminar.
“I encourage entrepreneurs who want to know more about starting their own business to participate in the webinars and seminars,” said Licensing and Regulatory Affairs Chief Deputy Director Shelly Edgerton. “Featured experts will be providing a wide range of important information that will greatly benefit new startups.”
The Understanding Your Options for Raising Capital in Michigan seminars will cover topics including: the new federal crowdfunding rules, Michigan intrastate crowdfunding; legal and structural basics: key formation and other often overlooked issues; private offerings using Reg D and intrastate exemptions; crafting a winning investor pitch; venture capital; long-term planning for a potential IPO; and protecting yourself from arbitration, civil litigation and potential criminal liability. Each webinar will cover a different topic from the seminars.
The webinars will be held on Wednesdays from 12:00 P.M. to 1:00 P.M. on the following dates and cover the following topics:
• March 16 Regulation D
• March 30 Regulation A+ and Other Exemptions
• April 13 Legal and Structural Basics: Key Formation and Often Overlooked Issues
• April 27 Funding Your New Company
• May 11 How to Stay Out of Trouble While Raising Money
To register for the webinar(s) go to: https://www.surveymonkey.com/r/KFF8ZWY
The seminars will be held from 8 A.M. to 2 P.M. on the following dates and at the corresponding locations: (Continental breakfast and lunch will be provided.)
• March 23, 2016 Michigan State University Management Education Center Auditorium, 811 W. Square Lake Road, Troy, MI 48098
• May 17, 2016 Grand Valley State University, L William Seidman Center, 1063 Seidman Center, 50 Front St. SW, Grand Rapids, MI 49504
• June 23, 2016 Northern Michigan University, Don H. Bottum University Center,1401 Presque Isle Avenue, Marquette, MI 49855
Seating is limited! Register for a seminar at: https://w2.lara.state.mi.us/CapitalSeminar
Edgerton emphasized that entrepreneurial development is key to revitalizing Michigan’s economy, that entrepreneurial firms have different financing needs and capital formation can often be a significant impediment to aspiring entrepreneurs. She said providing entrepreneurship education, along with LARA’s work on streamlining the state’s regulatory and licensing environments are necessary to creating an environment that encourages entrepreneurial growth.
“We held a couple of these seminars last fall where large audiences gave very positive reviews,” said CSCL Acting Director Julia Dale.“Participants commented on how the seminars greatly exceeded their expectations, the speakers were fantastic, and that they provided “a great overture of so many funding choices.’”
The events are being offered by the Department of Licensing and Regulatory Affairs and the Corporations, Securities & Commercial Licensing Bureau in partnership with the Michigan Economic Development Corporation, the Small Business Association of Michigan, and the Michigan, National Federation of Independent Business.
There will be no charge for parking or admission to the seminars. Facilities hosting the seminars are accessible to people with disabilities.