What is CrowdfundSC?
CrowdfundSC is the first crowdfunding platform specifically tailored to intrastate securities offerings. CrowdfundSC is a members-only web portal that connects South Carolina entrepreneurs seeking to raise capital with South Carolina investors. Our vision is to empower the people of South Carolina to partner with South Carolina entrepreneurs to build the future of South Carolina.
How Does It Work?
The process for CrowdfundSC is as follows:
Apply for membership (SC residents only)
Members receive access to CrowdfundSC members-only portal
Entrepreneurs post investment opportunities to the members-only portal
Members are able to view investment opportunities in the members-only portal
Members connect directly to discuss and coordinate investment
Who Is Eligible?
You must be a member of CrowdfundSC to view or post investment opportunities. Membership is only available to South Carolina residents. Entrepreneurs and businesses who post investment opportunities on CrowdfundSC must meet the requirements of SC Code of Regulations Rule 13-206.
What Are the Rules?
The offering and sale of securities is highly regulated. CrowdfundSC provides a platform primarily for companies seeking to offer and sell securities in reliance on the Intrastate Offering Exemption, as provided in Securities Act Rule 147 and SC Code of Regulations Rule 13-206. Companies relying on the Intrastate Offering Exemption in South Carolina may not raise more the $1M in a 12 month period, and may not accept more than $5,000 from any single unaccredited investor.
What Does it Cost?
Membership to CrowdfundSC is only $120/year (plus additional fees to post investment opportunities). In addition to gaining access to investment opportunities, CrowdfundSC members also gain access to a number of exclusive events and networking opportunities.
How Do I Learn More?
CrowdfundSC launched in beta on February 26, 2019. We are actively adding companies wishing to raise capital and member investors to the platform.
Become a member of CrowdfundSC to view company offerings, stay up to date with webinars and attend live events throughout South Carolina. We will continue to share more about the platform and answer questions for interested investors and entrepreneurs.
Apply for access below!