In the Senate version, crowds looking to fund new business ideas will have to do so through approved portals, many of which have been been gearing up to funnel cash into new companies once this law is fully passed. Companies can receive up to $1 million in funding from the crowd, with the amount each person can give being capped based on their income. The limits range between $2,000 and $10,000 dollars.

http://venturebeat.com/2012/03/22/senate-passes-crowdfunding-bill-wisely-adds-protections-for-less-sophisticated-investors/

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