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With JOBS Act Approved, SeedVo.com Incorporates and Seeks Partnerships After Launching New Website for Entrepreneurs and Investors
Mar 28, 2012 (06:03 PM EDT)
Atlanta entrepreneur incorporates SeedVo.com in response to Congress' new provisions under the Jumpstart Our Business Startups (JOBS) Act.
ATLANTA, March 28, 2012 /PRNewswire-iReach/ -- President Barack Obama announced that he would sign the Jumpstart Our Business Startups (JOBS )Act and SeedVo.com is already taking advantage of the upcoming law. The legislation removes SEC regulations preventing small businesses from using general advertisements to attract investors. SeedVo.com allows entrepreneurs and small businesses to post investment advertisements and video pitch presentations to potential investors. SeedVo.com was a sole proprietorship for only five days as it has now incorporated to seek potential investors and partnerships to offer additional services.
"The JOBS Act gives businesses to right to use general advertisements to seek capital and that is paramount", said SeedVo.com CEO Lisa A. Lamb, "SeedVo.com is the investor pitch platform that businesses have wanted for years but were prohibited from having because of the SEC regulations. We do not require registrations and the site is open for businesses in any funding stage; and for all investors, both accredited and non-accredited under Regulation D requirements, to find each other and form relationships."
SeedVo.com allows businesses access to investors by having them post advertisements and make video pitches. The businesses are solely responsible for their advertisements and video pitches and SeedVo.com does not endorse, warrant or regulate any of their content. Investors are encouraged to request documentation before investing and businesses are asked to have potential investors to sign nondisclosure agreements before they release a business plan.
SeedVo.com is not a crowdfunding site, nor is it a broker or funding portal. SeedVo.com operates as a general advertising medium for businesses and investors only. SeedVo.com does not give advice on offers or charge commissions or finder's fees to businesses and investors that make agreements from using the site.
"We are excluded from the Merkley crowdfunding amendment of the JOBS Act because we are not a crowdfunding site, broker or funding portal, but we are definitely operating under SEC rules and the provisions of the new JOBS Act. We are the crowdfunding alternative", says Lamb, although she says businesses that use crowdfunding sites may announce their campaigns on SeedVo.com for added exposure. The site will also add third party investment counseling.
"Our goal is not only to provide advertising services for businesses seeking funding but to also educate new investors on its risks and benefits. We hope to form partnerships with investment counselors and professionals and offer live web conference seminars directly from the SeedVo.com site."
SeedVo.com is seeking partnerships with any businesses or individuals that have a service that would benefit its site users. Interested parties are invited to contact SeedVo.com by using the form on their website. The corporation will have webinars for both partnerships and potential investors three days a week starting on Friday, March 30, 2012.
Media Contact: Lisa Lamb of SeedVo Incorporated, 4047490213, firstname.lastname@example.org
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SOURCE SeedVo Incorporated