SACC Expert Drake in High-level Transatlantic Delegation

SACC Expert Drake in High-level Transatlantic Delegation

July 9, 2012


First published on

The crowd-funding expert and speaker in the SACC network, David Drake, has been selected to accompany the U.S. delegation to Brussels to speak on behalf of the JOBS Act and meet with European ministers and legislators on Small and Medium-sized Enterprise (SME) policies and programs.

The Transatlantic Economic Council, consisting of the European Commission and US Government representatives, whose mission it is to increase trade and investment opportunities for US and European SMEs, have now created a workgroup to help young start-ups and Small Medium-Sized Enterprises (SMEs) through stimulating capital flows including loan guarantees as well as new alternative financial markets.

“I am truly honored to participate in this workshop to share U.S. best practices and lessons learned from effective venture capital and guarantee policies and programs.” says Mr. Drake. “This is a major development in cross Atlantic communication to export and import the leading capital formation solutions while also extending diplomatic relations and sharing leadership visions.”

The Soho Lofts reports that Mr. Drake presented for the first time to the European financial institutions and media while invited to speak during GlobeForum at the Grand Hotel in Stockholm April 26, 2012. Mr. Drake’s Brussels visit with the U.S. Commerce department tomorrow is one out of a dozen new speaking engagements that resulted from that first visit to Stockholm.

David Drake on the Transatlantic Economic Forum panel


Mr. Drake is presenting tomorrow in Brussels on Regulation A and Regulation D exemption changes in the JOBS Act and discussing how those changes prompt foreign firms to seek out funding and listing in the US on exchanges like Nasdaq, NYSE and OTC. In addition, the demand to learn about the crowd funding for equity sections of the JOBS Act is also a hot ongoing topic that will be covered.

“We have organized panel sessions covering the JOBS Act regulation and crowd funding,” says Mr. Drake. “Part of the discussion focuses on how the SEC modification incorporated in the JOBS Act has bolstered prospects for exempt offerings and how it has a positive impact on the role of private markets. We want the attendees to fully grasp how the JOBS Act and SEC modifications have created an array of new financing opportunities domestically and globally” declares Mr. Drake.

Other confirmed speakers for the workshop is:

  • Mr. Giulio Terzi di Sant’Agata, Minister of Foreign Affairs of Italy
  • Ambassador David Thorne, US Ambassador to Italy
  • Mr. Antonio Tajani, Vice President of European Commission.
  • Ambassador Miriam Sapiro, Deputy US Trade Representative

The event is private and sold out with 200 plus attendees.


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