Just a few days ago I posted on the Michigan House Resolution supporting Equity Crowdfunding.
This morning I read an article on CrowdfundInsider on the topic of financing for small businesses.
Access to Capital: What are the Options for Small Company Finance?
Candace Klein Chief Strategy Officer at DealStruck was Interviewed and talked about how small business might benefit from crowdfunding. She had this to say, in part:
“Most businesses are community-based, and have an immediate impact for those in their community, whether geographic or industry-based. Crowdfunding brings these companies together with the everyday investors in their communities.”
I agree. As I’ve previously written about, crowdfunding appears to be a viable tool for community based businesses.
People are willing to invest in projects that will enhance their local community.
This is what makes local equity-based crowdfunding attractive for social entrepreneurs.
Comments? Questions?
e-mail: Jeshua@dwlawpc.com
Twitter: @JeshuaTLauka
Purpose Driven General Counsel 