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Funding your business online using crowdfunding - within Indiana

Federal rules currently do not allow you to raise capital from non-accredited (wealthy) investors online. However, Indiana has passed legislation allowing crowdfunding within the state borders. Here is an overview of the rules:
  • Maximum raised through crowdfunding: $2 million
  • Maximum raised from one individual: $5,000 (unless they are accredited)
  • You must file a form with the Indiana Securities Division ($100 fee).
Here is a link to the complete rules and registration form