개인투자조합 및 크라우드펀딩 입법안에 대한 비교․검토

Current korean economy entering into low growth and 1% low interest era, which is engaged in the problem such as low birth rate and high youth unemployment, the stagnancy of economy is generally showing. As breakthrough for the slowdown of economy conjuncture, the government is actively pushing ahead with various policies, one of which, under the title of ‘Creative Economy’, tries to support new ventures and start-ups, which thereby become the new power for the development of the economy. In addition, in line with the government's national operating keynote, the National Assembly has made an active discussion on the ‘Crowdfundging’ introduction. As ‘Crowdfundging’ is that new ventures or start-ups with creative ideas or operation plan adduce their business plan through online to raise funds from sympathetic small investors, being discussed as a key measure for the realization of the ‘Creative Economy’, in April, 2015, at the National Assembly, currently three proposals are submitted to each jurisdiction committee. As existing system of private investors in venture investment, subject to ‘Act on Special Measures for the Promotion of Venture Businesses’, Private investment fund is operating, but the reality is that the impact of the entire venture capital fund is very meager. In this manuscript, preemptively, after examining the contents and issues on ‘private investment partnership’ with the provision of the law as the center, comparing the contents on crowdfunding, we will try to point out issues on differences among three proposals such as legal basis, capital requirements, the limit of total funding amount, investment limits.