How To Raise Local Capital | Locavesting

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…

The White House on Crowdfunding and American Innovation | Locavesting

The White House on Crowdfunding and American Innovation | Locavesting

Right now, you can only turn to a limited group of investors including banks and wealthy individuals to get fundingBecause of this bill, start-ups and small business will now have access to a big, new pool of potential investors namely, the American people. For the first time, ordinary Americans will be able to go online and invest in entrepreneurs that they believe in.With this new SEC rule, entrepreneurs can now raise up to $1 million from regular investors annually through regulated online platforms. This is a potential game changer for…