The NC PACES Act (North Carolina’s intrastate crowdfunding bill) was signed into law by Governor McCrory this summer, encouraging innovation and entrepreneurship for North Carolina businesses to raise capital from North Carolina-based investors. On Monday, October 3, WRAL’s FOX 50 morning show interviewed Partner Benji Jones about the importance of the new law and to invite the public to Benji’s upcoming crowdfunding office hours held at HQ Raleigh.
Benji contributed to the drafting of the new crowdfunding law and is seeking to advance the crowdfunding efforts for local residents and the business community. She will hold open office hours at HQ Raleigh on Tuesdays in October and November between 10:30-12:00 p.m. Anyone with questions about crowdfunding or other new paths to raising capital can visit and discuss ideas or strategies with Benji during the open office hours.
“There’s an empty gap where small businesses can’t reach their local investors to support locally,” said Benji. “It’s a grassroots effort that we need to help build our economy from the ground up and that’s what PACES is about.”
Smith Anderson and HQ Raleigh have partnered to host these office hours to help educate the community on what the PACES Act means for both businesses and investors.