White House Celebrates Crowdfunding “Champions of Change”

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White House

Today, selected members of the two major crowdfunding professional associations were invited to attend a “Champions of Change” event honoring innovative individuals utilizing crowdfunding to better their communities. The Champions of Change program shares the stories of everyday people that have strengthened their communities through hard work and innovation. Every week, they are invited by the White House to share their insights and stories.

Members of the Crowdfunding Professional Association (CfPA) and the Crowdfund Intermediary Regulatory Advocates(CfIRA) participated in the event and were encouraged by the recognition by the Administration of the importance of social enterprise.

“We are pleased that the White House has chosen to honor crowdfunding industry participants as ‘Champions of Change,’” said Chris Tyrrell, Chairman of CfIRA and Managing Director of Nehemiah Investments in a news release. “CfIRA’s members have dedicated themselves to advocate for the regulatory change and industry preparations necessary to bring about a new revolution in securities-based crowdfunding. We are thankful for the White House’s engagement on these issues.”

Joy Schoffler, principal of Leverage PR and a board member at the Crowdfunding Professional Association, was also in attendance. “I was delighted to attend new funding Tuesday’s event at the White House to hear the encouraging stories of communities and entrepreneurs taking advantage of this relatively mechanism,” she said.

Read the CFPA’s official news release here and CFIRA’s here.