The Cape Fear Capital Connection News Hour: Tuesday, October 7, 2014A Live Internet TV Broadcast of News and Information About

Technology, Capital Markets, and Business In The Cape Fear Valley On

http://backlighttv.com/wmyt-106-7-fm/ 

With Thomas Vass

The Private Capital News Network Presents

Segment One: The Week In Review: How To Take The Most Advantage of Military Spending In North Carolina.

The impetus for the summit was the recognition that the level of biodefense spending in North Carolina is disproportionately low given that the state is home to the third largest life sciences cluster and the fourthlargest military presence in the United States. In a nutshell, the summit was organized to kick start strategiesto leverage those strengths and expand the number of biodefense government contracts awarded in North Carolina.

Our Special Guest: Phil Williams, Chairman of the Science and Technology Committee

The North Carolina Defense Business Association provides information, connections,and networking opportunities to members to build relationships and promote defense related business within the state of North Carolina.

Segment Two: How Regional Crowdfunding Can Help Small Technology Companies.

The case of New Mexico’s crowdfunding

initiative:

1. Took off the caps on how much capital a company can raise.

2. Added both stocks and bonds to be issued by the company.

3. Removed barriers for non-accredited investors to invest in New Mexico companies.

We Had Interviewed Representative Dwight Loftis, of South Carolina, About Their Proposed Crowdfunding

Legislation.

South Carolina does not cap the amount of capital a company can raise.

South Carolina connects crowdfunding to regional economic development initiatives, supported by the South Carolina Department of Commerce.

South Carolina offers tax benefits when and investor makes the initial investment, and later, if the investor re-invests profits back into South Carolina companies.

The Proposed North Carolina Crowdfunding Bill Would Build On These Two Examples

The North Carolina Small Company Capital Growth Act.

Regional crowdfunding targeted to regional technology clusters.

No caps on the amount a company can raise.

Investor protection via full disclosure.

Dr. Ergenzinger is leader of the Life Sciences Practice Group and is a registered patent attorney whose practice encompasses a range of intellectual property matters, including patents, trademarks, copyrights,and trade secrets.

Segment Three: Tapping into Biodefense SpendingWith Special GuestEdward R. Ergenzinger, Ph.D.

Segment Four: Taking Economic Advantage of the Military Presence

in North Carolina: Allison Williams The perspective of a professional

business journalist who covers the military as editor for Elite Magazine.

How to keep highly skilled military retirees in North Carolina and encourage them to create new ventures?