How To Raise Local Capital | Locavesting

From local investment groups to socially minded angels and lenders, and direct public offerings to crowdfinance, there is a whole world of kinder, gentler finance out there. Today there are angel networks across the country. Many CDFIs have revolving loan funds that target a specific state or geographic region, making low interest loans to small business owners and micro-entrepreneurs that might not qualify for a bank loan.

Finance is being disrupted. Impact investing is going local. And community capital is on the rise. From local investment groups to socially minded angels and lenders, and direct public offerings to crowdfinance, there is a whole world of kinder, gentler finance out there. You just need to know where to look. That’s why we’ve put together this handy guide of funding options (in alphabetic order).

ANGEL INVESTORS

Angel investors are wealthy (accredited) individuals, often retired entrepreneurs or executives, that take an interest in startup investing. They often have a particular interest, such as technology or food ventures. As the field has grown, individual angels have organized into groups to share deal flow and due diligence (the vetting of companies). Today there are angel networks across the country. Angels fill a critical gap between friends & family funding and venture capital. They typically take an equity stake, or debt that converts to equity. (read more)

 

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