OCED Carolina Innovations Seminar
Thursday, October 6, 2016
The Great Room, Top of the Hill Restaurant & Brewery
5:30 – 6:30 p.m.

Followed by a networking reception in the same location

Understanding Crowdfunding – The New Option for Local Financing in North Carolina


Leo John
Business Outreach Legal Specialist, Ofc. of North Carolina Secretary of State, Securities Division

Small businesses in North Carolina will soon be permitted to raise up to $2 million from average investors with certain limits. This is the result of legislation passed by the North Carolina General Assembly in July 2016. Businesses that use the “Invest N.C. exemption” can utilize the Internet to organize such a fundraiser. However, firms must follow certain regulations, including requirements on how much can be raised from each investor, what kind of financial information must be disclosed, and periodic reporting requirements to keep investors informed. The N.C. Securities Division will oversee administration of the crowdfunding exemption.

This seminar is planned as an overview of investment crowdfunding for businesses that may want to utilize this option. Speaker will cover the following: a regulatory overview and how crowdfunding fits within securities laws; the legal do’s and don’ts of a crowdfunding offering; the marketing aspects – what you can say and how to reach investors; and utilizing a web site intermediary – picking one and connecting with investors.

Leo John is Investor and Business Outreach Legal Specialist at N.C. Department of Secretary of State, Securities Division.  The state agency registers legal entities, administers and enforces state securities laws, administers the state trademarks database and performs various other functions that intersect with business and commerce. An attorney and a former business journalist, Leo closely tracks the state’s business climate and in particular entrepreneurial activity to ensure businesses are forewarned and forearmed about the legal landscape in which they operate.



Register for this event, free of charge: Registration – October 6, 2016


This year the OCED Carolina Innovation seminars will be held entirely in the Great Room at Top of the Hill Restaurant & Brewery at the corner of Franklin and Columbia streets. The seminar runs from 5:30-6:30 p.m., followed immediately by a networking reception in the same space.

Public Parking Options

Your best bet is public parking in one of the lots on Rosemary Street. Traveling from Raleigh/Durham, via Franklin Street, make a right on North Columbia Street. Take the next right on Rosemary Street. There will be pay lots on both sides of the street. The charge for parking is $1.00-1.25 per hour.

Campus Parking Options

Parking on campus is available, but it is sometimes difficult to find spaces. The Morehead Parking Lot is located on Franklin Street next to Morehead Planetarium. Another lot, the Swain Parking lot is located on Cameron Avenue. Be aware, however, that this lot is frequently reserved for events at Memorial Hall. From Raleigh/Durham via Franklin Street, make a left onto South Columbia Street. At the second light, make a left onto Cameron Avenue. The first left is the entrance to Swain Parking Lot. The charge for parking at campus lots is $1.00-1.25 per hour.
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Save the Date

September 1, 2016 Karen LeVert, President, Southeast TechInventures, Inc.
October 6, 2016 Leo John, Business Outreach Legal Specialist, NC Dept. of the Secretary of State, Securities Division
November 3, 2016
December 1, 2016
January 5, 2017
February 2, 2017
March 2, 2017
April 6, 2017
May 4, 2017 –  Celebration of Inventorship
*Dates are subject to change 

Carolina Innovations Seminar Sponsors