Crowdfunding Professional Association (CfPA)
The Crowdfunding Professional Association (CfPA) is a 501 (c)(6) nonprofit trade group that was established shortly after the signing of the Jumpstart Our Business Startup Act ("JOBS Act") on April 5, 2012. The CfPA is dedicated to equitably representing the Crowdfunding industry and supporting the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) during the rule making period while providing the industry with education, professional networking opportunities and the tools necessary to cultivate a balanced and healthy ecosystem that will accelerate capital formation and ensure investor protection. Our mission is to create a strong and viable trade association for this new and emerging industry that supports the development of its members and encourages participation and awareness in crowdfund investing across the globe. The CfPA will help members get connected and stay networked in the Crowdfunding industry through CfPA communications, events and growing benefits. CfPA promotes industry best practices through educational events for all constituents in the crowdfunding ecosystem.
Contributors
Champion of Social Good, The Super Crowd, Inc., a public benefit corporation,
Contacts
Gallery
Highlights
In pursuit of our mission, we will adhere to some key principles: 1) Identify opportunities where the application of ideas, people and capital formation will benefit the organization and society in significant and measurable ways 2) Develop innovative programs leading to practical, sustainable solutions that are widely accepted and implemented globally 3) Partner with others to leverage our resources and capabilities while avoiding the creation of dependency
Q&A
Key provisions of the Tax Cuts and Jobs Act (TCJA), signed into law by former President Donald Trump in December 2017 are set to expire at the end of 2025 unless extended or modified by Congress. A new tax bill is likely to be enacted.
Background
The passage of the bipartisan JOBS Act ushered in Regulation Crowdfunding (Reg CF) and since May of 2016, over 8,500 companies or investment campaigns have raised over $2.2B in capital from more than 2 million ordinary Americans – typically in amounts averaging $1,400 per investment. Only US companies can raise funds using Regulation Crowdfunding and these companies demonstrate remarkable resilience and durability, with failure rates below 10% - far lower than the 75% failure rate of VC-backed startups and the 50% failure rate for small businesses (as reported by BLS over a five-year period). Over $7.5B in economic activity has been generated which has created or supported over 400,000 jobs. Successfully funded companies across all 50...more
Posted at 1/13/2025 2:44:00 AM