Crowdfunding – Page 2 – Purpose Driven General Counsel

Crowdfunding News Update

Happy Friday! For those of you who’ve read my posts in the past, you know I promote crowdfunding as a untapped resource for social entrepreneurs. Below are a few headlines about what’s going on in the world of crowdfunding. Locally: “Localized crowdfunding platforms grow through grant matching program” Michigan’s MEDC matching grant program has beenContinue reading “Crowdfunding News Update”

Social Entrepreneurs and Small Businesses – Update on Intrastate Crowdfunding

A recent Detroit Free Press article highlights the success of Tecumseh Brewing Co, the first business in Michigan to utilize Michigan’s intrastate crowdfunding exemption to securities registration, commonly referred to as the MILE Act. Crowdfunding: Potential for Start-up Businesses. As the Free Press article explains, The story of Tecumseh Brewing Co highlights why equity crowdfunding isContinue reading “Social Entrepreneurs and Small Businesses – Update on Intrastate Crowdfunding”

Update on Michigan Intrastate Equity Crowdfunding (MILE Act)

A quick update on Michigan’s MILE Act – Intrastate Equity Crowdfunding…. I have written about previously that the State of Michigan has been slow to propose and implement rules to provide guidance on the practical application of Intrastate Crowdfunding. Today, Michigan’s Department of Licensing and Regulatory Affairs (LARA) issued a posting on its website: “LARA OffersContinue reading “Update on Michigan Intrastate Equity Crowdfunding (MILE Act)”

Michigan Business Update for Social Entrepreneurs and Business Owners

Happy Monday, all! A quick update – I recently posted on social entrepreneurship and crowdfunding in Michigan. Check that post here. By way of update, Today, the Michigan Economic Development Corporation (MEDC) posted a press release about a crowdfunding campaign launched by a Ypsilanti non-profit – “Cultivate Coffee and Tap House.” As I’ve mentioned in aContinue reading “Michigan Business Update for Social Entrepreneurs and Business Owners”

Landlords, Investors, and Real Estate Contractors – Made the AG’s 2014 Top 10 Consumer Complaints.

Today the Michigan Attorney General’s office issued a press release – “Top Ten Consumer Complaints” – check it out here The State of Michigan Attorney General office’s consumer protection division provides consumers a forum to issue complaints against businesses that may have engaged in deceptive and unfair business practices against consumers. The AG’s office madeContinue reading “Landlords, Investors, and Real Estate Contractors – Made the AG’s 2014 Top 10 Consumer Complaints.”

Celebrating Entrepreneurship and Crowdfunding

February is the time to celebrate Entrepreneurship. The National Entrepreneurship Week is slated for February 21 – 28 – you can check out the National website here to see what’s going on nationally to celebrate entrepreneurship. What’s going on In Michigan… Detroit is currently in its Entrepreneur Week – you can check out some of what’s beenContinue reading “Celebrating Entrepreneurship and Crowdfunding”

Local Businesses: More on Crowdfunding

Is Crowdfunding Right for Your Business? An interesting article in Crain’s Detroit addresses crowdfunding and whether its right for businesses. Check it out here. The article is meant for small and large businesses alike to consider whether or not crowdfunding is a viable source of funding for their respective businesses. The article addresses “rewards based”Continue reading “Local Businesses: More on Crowdfunding”

Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?

I had a client come in yesterday – a local restaurant owner. A startup business. – quick comment – Gotta love local start up businesses. I love their value in being an active part of a local community – their entrepreneurial spirit – willingness to take risks. – Ok – back to where I was going… One ofContinue reading “Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?”