According to Mike Semmann of the Wisconsin Bankers Association, the answer is a definite maybe. Although the jury is still out on this potential funding source, if done correctly it holds promise.
What do you need to know before you dive into Crowdfunding waters?
- Do your research and due diligence with the WI Dept. of Financial Institutions (DFI)
- Make sure your investors are Wisconsin residents
- Research any related fees up front
- Use Wisconsin Banker’s Association as a resource
Missed this Lunch & Learn but want to learn more? See below for a copy of Mike’s presentation: