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Crowdfunding Continues to Grow in Georgia

October 3, 2013 12:20pm (EDT)
Marietta, GA-based Bohemian Guitars is an early benefactor of "Crowdfunding" in Georgia
Marietta, GA-based Bohemian Guitars is an early benefactor of "Crowdfunding" in Georgia

The newest entrant into the Georgia “Crowdfunding” sector has just opened for business.

According to CrowdFundInsider.com, Sparkmarket is now accepting investments for Bohemian Guitars, a Marietta, GA-based manufacturer of decorative guitars made out of oil cans.

Georgia is one of just two states that allows intrastate crowdfunding of up to $1 million.

The Invest Georgia Exemption (IGE) allows Georgia investors to purchase small ownership stakes in start-up companies. The funding model is specifically designed to help create and grow small businesses. Small businesses create 2 of 3 new jobs in the U.S.

Some financial experts predict this source of funding will soon become mainstream as technology supports information sharing between investors and capital seekers.

For more information on Georgia crowdfunding click HERE.

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