Tom Cullerton announces Illinois crowdfunding is ready to go


CHICAGO TRIBUNE – Senator Tom Cullerton encourages local residents and businesses to consider intrastate equity crowdfunding as an option to expand and start new businesses.

“The only way to grow our economy is to promote business friendly policies,” Senator Tom Cullerton said. “This new [crowdfunding] model will not only benefit Illinois, but local communities as well.”

Cullerton is excited to announce that crowdfunding is coming out strong in 2017 in Illinois. Three local businesses are now conducting intrastate crowdfunding through Illinois’s first crowdfunding portal, VestLo, including Cardfrenzy, Native Sons of Chicago and Crosstown Fitness.

“Small businesses are essential to growing our economy and creating new jobs in Illinois,” he said. “This is a new opportunity for Illinois businesses to grow and stimulate our economy.”

Read the full Chicago Tribune article here.