If I want to get funding for my band, I can use IndieGoGo, ask the community for donations and give them cd's or other gifts in return. But if I want to fund my business by offering contributors part of the profits, then it's ILLEGAL?!?!

Common sense should revolt at this!  And we want you to revolt with us on November 17th.  On that day we are holding a rally in Washington, DC to change the law. Join us and/or help us raise $10,000 to put on an event that makes Capitol Hill take notice!

New businesses create jobs, and when legitimate entrepreneurs use the Internet to enable more efficient ways of raising capital, we should be celebrating it, not criminalizing it. Yet today, outdated regulations - created back in the 1930s - are holding back innovation.

Kevin Lawton, started the dialog and hit the nail on the head with his book The Crowdfunding Revolution. Then Paul Spinrad, Jenny Kassan and Danae Ringleman continued and launched the first Indiegogo Campaign to make equity-based crowdfunding legal. Now weve joined with the Entrepreneurs point-of-view.

We estimate that 500,000 companies will be created on Crowdfund Investing platforms over the next 5 years and create the 1.5M net new American jobs with ZERO Government spending!

Amazingly, we are close to changing this. There is bipartisan support for our legislation that would update the law and enable crowdfunding of businesses using platforms like IndieGoGo. On November 3, bill cleared in the House of Representatives with 96% approval.     

But we need your help to get the message to the senate and over the finish line. Yesterday's regulators are scared of tomorrow's innovators, and they are trying to block this bill. Moving it forward is going to take more than a few million tweets.  We need to show up and put Washington face-to-face with the men and women who are being held back by bureaucrats. They need to meet Joe the Entrepreneur and Jill the Innovator!

We put the following budget together for the event. Initial money raised will go into the critical components of permits, equipment rental, local transport of equipment, banners & handouts. Then funds will be applied to media outreach and lastly to air/hotel and speaker fees. IF we exceed our goal any and all funds will continue to go to media outreach to continue to spread the word.

So join us, on November 17th, in Washington, and even if you can't, please donate to help us fund our rally so Capitol Hill joins the internet age. You can learn more about the rally and legislation here.