Federal law prohibits raising money from non-accredited investors but under the recently enacted Vermont Small Business Offering Exemption (VSBO), non-accredited Vermont investors can invest in Vermont companies.

Changes to the Vermont Small Business Offering (VSBO) exemption in July 2015 opened the opportunity for accredited investors from outside Vermont to invest in Milk Money campaigns. An accredited investor is roughly defined as an individual with annual salary of at least $200,000 for the past two years and reasonable expectation of the same in the current year (or $300,000 combined annual salary, if married) AND/OR have a net worth of at least $1 million, excluding primary residence. Accredited investors must alert Milk Money of their out-of-state residence before making an investment so we can make any required filings with their home state’s department of financial regulation.


Milk Money Vermont

P.O. Box 81
Charlotte, Vermont, 05445
United States


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