Disclaimer for crowdfunding
Equity crowdfunding offerings are different from donation-based crowdfunding campaigns through websites like Kickstarter or GoFundMe. Unlike donation-based crowdfunding, equity crowdfunding involves the issuance of securities—meaning investors expect to receive something in return for their investment.
Undertaking a securities offering is a serious matter. It can be costly and will take time away from running your business. While business owners and personnel can prepare the information requested on the MNvest notice form and file the appropriate documents with the Commerce Department, it is often beneficial to seek the assistance of counsel experienced in securities law to fully understand options and obligations surrounding the sale of securities.
The purpose of the information on this website is to introduce small businesses to the concept of raising capital through the MNvest crowdfunding exemption. It should not be relied upon to actually make a securities offering. There are many additional important issues that should be considered before making a securities offering. This information summarizes only some of the issues involved in conducting a crowdfunding offering.