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equity crowdfunding

2 mins read

Equity Crowdfunding: A $5 Million Opportunity for Black Entrepreneurs and Investors

In recent years, equity crowdfunding has grown in popularity as a way for entrepreneurs to raise capital and for investors to gain access to a wider range of investment opportunities.

This is good news for Black founders, as it offers an alternative to traditional funding sources such as bank loans and venture capital, which have often been difficult for them to access due to systematic biases and discrimination.

According to recent reports, the percentage of venture capital invested in Black founders decreased from 1.3% in 2021 to 1% in 2022.

Through equity crowdfunding, Black founders can bypass traditional gatekeepers and directly pitch their ideas to a larger audience. As permitted by the JOBS Act, founders can potentially raise up to $5 million in one year through crowdfunding offerings.

Additionally, equity crowdfunding can provide Black investors with opportunities to build wealth by allowing them to invest in early-stage companies that may not otherwise be accessible to them.

Many Black investors may lack the resources or connections to participate in conventional venture capital or angel investing, but equity crowdfunding allows them to invest as little as a few hundred dollars in a company they believe in.

This not only provides the opportunity to potentially earn a return on their investment but also allows Black investors to support and empower other Black founders and entrepreneurs.

Equity crowdfunding is not without its risks and challenges, however. As with any investment, there is no assurance of a return, and there is an inherent risk of loss.

Before committing to a campaign, both founders and investors must carefully consider the terms of the investment and conduct their due diligence.

Equity crowdfunding provides Black founders and investors with a chance to generate wealth, foster each other’s success, and increase diversity within the startup industry through mutual support.

It is important to consult with a legal professional when considering equity crowdfunding as the rules and regulations can be complex and vary from country to country.

 

Interested in investing in Black founders? If so, please complete this brief form.

Are you a founder? If you are fundraising please complete this form.

1 min read

Veteran Has Raised Over $7M For WiGL, Patented Wireless Charging Technology

Wireless-electric Grid Local Air network (WiGL) is developing a new technology that enables users to log onto an electrical power “WiGL” network and power or recharge their devices wirelessly.

Dr. Ahmad Glover is the founder and interim CEO of WiGL Inc. As a 30+ year member of the U.S. military, he directed and managed large-scale energy transfer programs.

He also worked as a strategic technical advisor for the Federal Aviation Administration, where he oversaw multibillion-dollar space and special operations programs.

In this episode, Dr. Glover discusses:

  • The problem WiGL technology is created to solve
  • Making history after raising $5 million via equity crowdfunding
  • His current and pending patents
  • Safety concerns related to cell phone radiation and wireless frequencies.
  • How he envisions this technology being used in the near future

Check our WiGL’s equity crowdfunding campaign here.

DISCLAIMER: This Reg. A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. Please read the Risk Factors disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.