US startups set to rise by 10%

Economists expect the new JOBS Act to create 170,000 jobs over the next 5 years and increase business startups by 10%. Jumpstart Our Business Startups (JOBS) Act  aims to reduce red tape and most importantly dramatically increase crowdfunding. Investors will be able to invest $10,000 (currently $2,000) or 10% of their income (currently 5%).  If it becomes law expect other countries to follow to maintain competitiveness and for startups to begin to have a real alternative to the banks.