Last year Representative Tom Barrett introduced House resolution 235 (HR 235) “to support the (SEC)’s recent adoption of rules…to facilitate small and start-up companies’ access to capital raised through crowdfunding.” The resolution supports crowdfunding as viable tools for start-up businesses. The resolution acknowledges: “Businesses in Michigan have greatly benefited from the opportunities created by the…Michigan Invests Locally ExemptionContinue reading “Michigan Entrepreneurs and Small Businesses: Crowdfunding Law Update.”
Tag Archives: crowdfunding
Small Business, Social Entrepreneurs and Crowdfunding
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 businessContinue reading “Small Business, Social Entrepreneurs and Crowdfunding”
Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses
On March 3, Representative Tom Barrett introduced House resolution 235 (HR 235). Today HR 235 was on the agenda for the Commerce and Trade Committee Meeting. HR 235 is a “resolution to support the United States Securities and Exchange Commission’s recent adoption of rules pursuant to Title III of the JOBS Act which are designed to facilitate small and start-upContinue reading “Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses”
Looking for Social Entrepreneurs and Business Leaders to Prosper our Local Communities
Last week I attended an event held by the Koeze Business Ethics Initiative at Grand Valley State University. the conversation was titled: “Social Capital, Economic Diversity and Civic Well-Being in Flint and Grand Rapids” The room was packed full of leaders in the Grand Rapids and Flint Communities interested in hearing about, in the words of Dr. MichaelContinue reading “Looking for Social Entrepreneurs and Business Leaders to Prosper our Local Communities”
Michigan Entrepreneurs: News and Info on Raising Capital and Crowdfunding
Good morning and Happy Monday! Entrepreneurs may want to take advantage of some free guidance provided by the State of Michigan. The State of Michigan’s Department of Licensing and Regulatory Affairs (LARA) announced today that it is hosting a workshop – “Understanding Your Options for Raising Capital in Michigan”. You can Register here The seminarContinue reading “Michigan Entrepreneurs: News and Info on Raising Capital and Crowdfunding”
Recent Crowdfunding Success a Good Sign for Social Entrepreneurs
Last week MIBiz reported a somewhat surprising result of the MEDC’s grant-matching initiative (Public Places Community Spaces Initiative). I wrote about this initiative in a prior post. The MIBiz article headline: “State-backed crowdfunding initiative hits 97% success rate in first year” This is an amazing success rate by any calculation As stated by Ebrahim Varachia, president and co-founderContinue reading “Recent Crowdfunding Success a Good Sign for Social Entrepreneurs”
Michigan Startups: Funding through Crowdfunding
I read an article this morning on MIBiz Filling the Funding Gap: More capital required to meet $1.3 billion need from existing Michigan companies Recognizing this gap in funding, John Kerschen, managing partner of Charter Capital Partners said this: “Institutional investors have been reluctant to put money into the small, first-time funds in Michigan thatContinue reading “Michigan Startups: Funding through Crowdfunding”
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”
LINC Real Estate Development News, and Lessons from Recent Court Decision
Happy Friday! News in local real estate development…. Yesterday, the Grand Rapids Planning Commission approved a $15 Million Project. Article here. The Project, 70 housing units with retail on the first story, is being developed by LINC – a Grand Rapids based non-profit focused on Community Revitalization. LINC is great example of a local non-profit doingContinue reading “LINC Real Estate Development News, and Lessons from Recent Court Decision”
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”
Purpose Driven General Counsel 