Saturday, July 20, 2013

It's Time For NC to Step Up as a Leader

Here is an excellent email of support for the NC JOBS Act from University of North Carolina business major Julie Moroney. She also created a nice infographic on the subject as part of her summer internship job. She has an interesting point of view and expressed it well to our NC Senate leadership.

NC JOBS is all about the future for startups and small business which will create great opportunities for Julie's generation, so we recommend that the Senators take her advice.

You can help too. Please see our post below on how you can help us get over the finish line with NC JOBS. 


From: jmoroney [jmoroney@live.unc.edu]
Sent: Friday, July 19, 2013 4:03 PM
To: phil.berger@ncleg.net
Cc: rick.gun@ncleg.net; Wesley.Meredith@ncleg.net; Ellie.Kinnaird@ncleg.net
Subject: It's time for NC to step up as a leader

Hello Senators,

I am Julie Moroney, a junior business major at UNC. I am a Cleveland native, but I fell in love with North Carolina after coming to UNC for college (and I am now a registered voter in NC). I have seen firsthand the downfall of Midwestern cities like Cleveland and Detroit, and I do not want similar things to happen to North Carolina. It is time for us to step up as a leader, and you four have the power to make this happen! 

This summer, I have been interning with a startup company, Crowdentials, that provides an accredited investor verification service. As intern, I have researched in great depth the federal JOBS Act, state initiatives to the JOBS Act, and the SEC's recent move to lift the ban on general solicitation (I am currently in the process of drafting a comment to the SEC in regards to their proposed amendments to Regulation D, Form D, and Rule 156). I have attached to this email an infographic I helped create on the various state initiatives. North Carolina is on there—but I would love to change the status from "pending" to "passed".

Georgia and Kansas have accomplished some amazing things, and its time for North Carolina to join the leader-board and position ourselves as a champion of change. RTP is a great startup hub, but the whole state can position itself as a great environment for startups if you move quickly to pass this bill. This bill is a great opportunity to improve our state economy and add jobs and capital to our state.

To sum, I am contacting you with regards to HB680, the NC JOBS Act. This bill, which creates a new way to fund startups and small business using investment crowdfunding, is a great opportunity for North Carolina. It passed the House by a wide bipartisan vote of 103 to 1, and has support from the startup and small business communities of North Carolina. This bill needs action from the Senate Commerce Committee, the Senate Finance Committee, and a floor vote in the Senate and I urge you to move on this bill quickly. 

Thanks for your support of NC JOBS and the small business community. If you don't move quickly enough on this legislation, you are doing the state an immense disservice in the eyes of young people like me!

Best regards,
Julie
- - -
Julie Moroney
UNC-Chapel Hill | Class of 2015
B.S. Business Administration | B.A. Journalism and Mass Communication