The New Jersey Intrastate (Crowdfunding) Exemption is a way for small businesses in the state of New Jersey to raise capital. It allows companies to sell securities to investors who are residents of the state without having to register the securities with the state or the federal government. This type of exemption is often used as an alternative to traditional financing methods, such as bank loans, venture capital investments, and IPOs. The New Jersey Intrastate (Crowdfunding) Exemption comes in two forms: the Small Corporate Offering Registration (SCOR) and the Intrastate Crowdfunding Exemption. The SCOR is a filing with the New Jersey Bureau of Securities and allows companies to raise up to $2 million in capital within a 12-month period. Companies must meet certain criteria, such as having fewer than 500 shareholders, no more than $25 million in assets, and not being incorporated outside of New Jersey. The Intrastate Crowdfunding Exemption is a filing with the Bureau of Securities that allows companies to raise up to $1 million in capital within a 12-month period. Companies must meet certain criteria, such as having fewer than 500 shareholders, not being incorporated outside of New Jersey, and not listing their securities on a national securities exchange. In both cases, the companies must file certain documents with the Bureau of Securities, including a disclosure document, a financial statement, and a subscription agreement. Companies must also comply with certain restrictions, such as limiting the amount of money each investor may invest and requiring investors to be residents of New Jersey.