Only 3% of small business owners say the JOBS Act increases the chances that they will raise money via crowdfunding, according to a survey by Pepperdine University and Dun & Bradstreet Credibility Corp. and released early to the Associated Press.
Under the measure, which passed in March, companies can utilize online platforms to raise up to $1 million every year from investors.
But while crowdfunding could in theory ease financing for small firms, 53% of the business owners surveyed by Pepperdine and D&B Credibility say they don’t expect to be taking advantage of the platform.
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