ENTREPRENEUR / SMALL BUSINESS

COMMUNITY PUBLIC OFFERING

Oregonians may invest in Oregon-based businesses through the CPO.

 

These rules:

  • Enable securities crowdfunding (not donation-based crowdfunding).
  • Allow all types of securities and terms, from debt to equity.
  • Allow public advertising.
  • Exempt offering materials from being be registered, vetted, or reviewed.
  • Require offering documents to include information from your business plan, reason for raise, team, risks/benefits, terms, etc.

Companies using this law:

  • Must be incorporated in Oregon and based within Oregon.
  • May raise up to $500,000 total, with a $250,000 maximum per raise.
  • Define the terms of the offering.
  • Must meet in person with a local Business Technical Service Provider to review business plan.
  • Are allowed 12 months to raise the funds; can extend another 12.

Investors:

  • Must be Oregon residents.
  • May invest up to $2,500 per deal, per person. Investors who have annual incomes exceeding $100,000 may invest up to $10,000 in any one CPO deal.