Media Advisory: The crowdfunding game is changing. Are you ready?

BUFFALO, N.Y. – Whether you have a business in need of funding or are an investor looking for your next deal, crowdfunding regulations are changing.

UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS) will host Alexander McClean, associate at Harter, Secrest and Emery LLP, at its monthly Innovation Lecture Series to be held from 4-5 p.m. on Thursday, Jan. 21, at the CBLS, 701 Ellicott St., Buffalo.

McClean will discuss the newest rules and regulations for equity-based crowdfunding. Updates include the new $1 million limit for online campaigns, as well as how to invest in an emerging enterprise.

The stipulations for crowdfunding are outlined in Titles II and III of the Jumpstart Our Business Startup (JOBS) Act, legislation enacted in 2012 to help small businesses gain greater access to funding.  The final regulations will be implemented on May 16.

To register for this free event, visit crowdfunding-2016.eventbrite.com.

Media are encouraged to attend, and are asked to contact Julie Molenda, CBLS marketing communications manager, at juliemol@buffalo.edu or 716-881-7997.