As more people become interested in local investing as a way to support economic growth and stability in their communities, small business owners can take advantage of these growing alternative funding sources. But which is which? How does a personal loan differ from a crowdfunding campaign? And what is a Community Public Offering (CPO)?
Lisa Dawson and Sara Miller of the Northeast Oregon Economic Development District (NEOEDD) are leading the “Raising Local Capital” seminar in November for people who want to learn more about raising business capital from local sources. They will help entrepreneurs understand the different forms of community capital, how to remain compliant with securities law, what motivates investors to invest locally, and the implications of accepting a local investment.
The seminar will provide information about the CPO, Oregon’s new Intrastate Offering Exemption that enables Oregon business owners to raise funds from Oregon investors. Participants will leave with an understanding of the time commitment and costs involved with a CPO, as well as be able to assess how ready they are to move forward with one. The seminar is recommended as a prerequisite for any entrepreneur interested in NEOEDD’s upcoming January CPO workshop series.
Seminars take place at 6 p.m.:
- Enterprise: Nov. 28 at Enterprise Library, 101 NE First St.
- La Grande: Nov. 30 at Umpqua Bank, 1215 Adams Ave.
- Baker City: Dec. 1 at Baker County Library, 2400 Resort St.
To register, call NEOEDD by Tuesday, Nov. 22 at 541-426-3598 or 800-645-9454, or email [email protected].
The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. In 2013, NEOEDD formed a regional collaborative—the Northeast Oregon Community Capital Collaborative (NEOC³)—that holds educational events, organized networking groups, and developed educational workshops. Learn more about our programs and business support at www.neoedd.org or 541-426-3598.
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