Feds boost crowdfunding access for restaurants

Feds boost crowdfunding access for restaurants

The Jumpstart Our Business Startup Act gives operators a way to fund their restaurant’s startup or growth by selling shares of it online.

 Can’t find money to start or expand your operation? Good news. A federal law now makes it easier for small businesses like restaurants to raise funds via Internet-based crowdfunding sites. You can get up to $1 million under this law, which is already on the books and should be fully implemented by early next year.

President Obama signed the JumpStart Our Business Startup Act into law in late April. The awkwardly named act—better known by its we-dare-you-to-vote

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