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Georgia crowdfunding early adopter

With the start of the Invest Georgia Exemption, intrastate equity crowdfunding has been made available to an entirely new portion of the investor public that had been untouchable in the past. Georgia is only one of 4 states – Washington comes onboard any day – with a similar exemption, Georgia has always been at the forefront of an exciting business model that could shape the future of intrastate crowdfunding for years to come.

12/8/01 the Invest Georgia Exemption was adopted by the Georgia Securities Commission. The function of the IGE is to allow Georgia businesses access to much needed capital to develop new ventures, expand operations, and create more Georgia jobs through Georgia crowdfunding.

The IGE takes advantage of a federal securities exemption that exempts securities registration requirements with respect to certain securities offerings conducted on an entirely intrastate basis: i.e., between issuers residing in and doing business in the same state as all of its investors.

Georgia crowdfunding is now legal and it is an optimal time to open a crowdfunding portal!
The IGE gives non-accredited investors, who are average Georgia residents, the option to invest in Georgia-based companies in exchange for equity.
Georgia residents who are non-accredited investors can invest up to $10,000 per company (issuer) under the IGE.
Georgia issuers using the IGE can raise up to $1,000,000 annually.
Georgia issuers using the IGE can advertise their respective capital raise(s).
Georgia is only one of 5 states that currently allow this type of “intrastate” investment ability for non-accredited residents.

Interesting historical facts about Georgia crowdfunding: Georgia was the first state to allow in-state securities crowdfunding through Georgia crowdfunding portals, further, the first successful securities based crowdfunding transaction in the United States in over 80 years was posted successfully to a Georgia crowdfunding portal in 2013.