White House Highlights Andrea Seabrook as a Crowdfunding “Champion of Change”

Office of Communications
June 4, 2013
White House Highlights Andrea Seabrook as a Crowdfunding “Champion of Change”
WASHINGTON, DC – On Tuesday, June 4th, the White House honors Andrea Seabrook as one of twelve people who are Crowdfunding “Champions of Change.” This Champions event will focus on entrepreneurs who exemplify the promise of crowdfunding to fuel the growth of startups, small businesses, and innovative projects across the Nation.  "Crowdfunding" means raising money in small increments from many individuals, typically using an Internet platform.  Donation-based crowdfunding is already empowering many entrepreneurs, while investment-based crowdfunding platforms will soon be facilitated by the bipartisan Jumpstart Our Business Startups (JOBS) Act, which the President signed last year and the SEC will implement.
“The Champions of Change that the White House is honoring today are using crowdfunding to create jobs for our Nation’s veterans, accelerate the deployment of solar energy, revitalize our cities, and expand the frontiers of citizen science,” said Thomas Kalil, Deputy Director for Technology and Innovation for the White House Office of Science and Technology Policy.  “Crowdfunding is the 21st century equivalent of barn-raising.  We can use it to help our neighbors and fellow citizens start a business, enrich our culture, and apply grassroots creativity and imagination to challenges big and small.”
The Champions of Change program was created as an opportunity for the White house to feature groups of Americans – individuals, businesses and organizations – who are doing extraordinary things to empower and inspire members of their communities. 
To watch this event live, visit www.whitehouse.gov/live at 2:30 pm ET on June 4th.  To learn more about the White House Champions of Change program and nominate a Champion, visit www.whitehouse.gov/champions.



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