First Crowdfunding Conference on May 14th in Awesome Washington DC

The Crowdfunding bill that was signed by President Obama last month will have its first conference next week in Awesome DC!

If you are still not sure what the bill is all about and what it means to your business, the bill classifies startups as “emerging growth companies” that can turn to online investors to raise startup capital. Those companies would also be able to sell up to $50 million in shares before having to register with the Securities and Exchange Commission and have up to 1,000 shareholders which is double the current limitation.

The conference next week hosted by CrowdCheck  will include experts from the US Small Business Administration, Capitol Hill, think tanks, startups and the securities industry at the conference, entitled “The Wisdom of the Crowd.” Topics will include how small businesses across the country can successfully use crowdfunding, and steps that entrepreneurs and investors should take to avoid fraud in the emerging market.

Speakers and panelists include: Sean Greene, Associate Administrator for Investment and Special Advisor for Innovation at the US Small Business Administration; Brian AppelLegislative Aide to Senator Michael Bennet; Lauren Oppenheimer, Senior Policy Advisor, Capital Markets Initiative at Third Way; Sterling Raphael, President of Avectra Labs; Maurice Lopes, President of; and, David Marlett, Executive Director of the National Crowdfunding Association.

The conference will be accessible to investors large and small and business people from the nation’s capital to the heartland and beyond. It will be livestreaming here.

The conference will be held at the Hotel George, 15 E Street, NW, from 9:00 a.m till noon on May 14th and is open to members of the media. To attend the conference, you need to RSVP to   You can read more about the event here.

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About Elias Shams
I have been a serial entrepreneur in telecom and social media space for past 12 years or so. I hold a M.S. degree in Telecommunication Engineering from the George Washington University and a B.S. degree in Electrical Engineering from the University of Maryland. I’ve lived and worked in many countries and cities including London England, Tehran Iran, Bonn Germany, Paris France, Alicante Spain, Delhi India, and my favorite of all Washington, DC of great US of A. Two of the greatest Washington, DC based companies I worked for and very proud of are Yurie Systems which was sold to Lucent in 1998 for $1.23 B and that I founded in 1999. I am currently the founder and awesomizer @

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