NCFA Canada | Craig Asano | Aug 1, 2017

Sherwood Neiss, Advisor, Global Crowdfunding Markets

TORONTO, AUG 1, 2017 – The National Crowdfunding Association of Canada (NCFA) today announced that Sherwood (Woodie) Neiss, General Partner at Crowdfund Capital Advisors LLC, has joined the Association as Advisor, Global Crowdfunding Markets.

Mr. Sherwood Neiss co-authored the “Crowdfunding Exemption Framework” which became the basis of Title III of the U.S. JOBS Act to legalize equity and lending-based crowdfunding. He is in the forefront of the crowdfunding industry, as the co-founder of Crowdfund Capital Advisors (“CCA”). CCA is a consulting firm serving certain governments and multi-lateral organizations including Inter-American Development Bank, the World Bank, governments of Chile, Malaysia, Israel, and the UAE, professional investors, crowdfunding professionals and the entrepreneurial community. Mr. Neiss co-authored the World Bank’s research report “Crowdfunding’s Potential for the Developing World” as well as the MIF report “Creating a Crowdfunding Ecosystem in Chile.” Mr. Neiss serves on the advisory boards of several crowdfunding companies. He is a co-founder and former-board member of the Crowdfunding Professional Association and the Crowdfunding Intermediary Regulatory Advocates. Mr. Neiss was selected as a recipient of the Crowdfunding Visionary Award. VentureBeat listed Mr. Neiss as one of the most influential thought leaders in crowdfunding. Prior to CCA, Mr. Neiss co-founded FLAVORx, Inc., acted as its chief financial officer, won Ernst & Young’s Entrepreneur of the Year award, as well as the Inc. 500 award three years in a row.

“As we’ve seen with the intersection of the Web with many other industries, it isn’t a matter of IF Securities-based Crowdfunding and online finance comes online but when. Now that data is available to start showing the logical flow of capital from investors to promising community-based businesses via securities that match both entrepreneur and investor needs, governments are playing fast follower. There will be a time when online fundraising is the norm and it won’t be a matter of decades but years. The time is now for Canada to join the rest of the world.” -- Sherwood Neiss, General Partner, Crowdfund Capital Advisors LLC

“Sherwood (AKA Woodie) has been coined the grandfather of the co-investing movement in the U.S. for a reason - he wrote the book and genuinely believes in the sustainable impact and power that online crowdfunding can make to the bottom line of companies, investors and government the world over.  He understands that to tap the benefits of crowdfunding for all, there needs to be greater education, investor confidence (data standards), tax incentives and wide public and government support.  We welcome Sherwood's vast experience in Canada and join his efforts to make crowdfunding a tangible and equitable economic growth engine for local communities which transcends 'for profit only mentality' and is opening up doors for start-ups and seasoned businesses in support of the entrepreneurial spirit and new economy.” -- Craig Asano, Executive Director, NCFA Canada

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About National Crowdfunding Association of Canada

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. For more information please visit: ncfacanada.org.

MEDIA CONTACT:
Craig Asano
casano@ncfacanada.org
416 618 0254