crowdfunding – Page 2 – Purpose Driven General Counsel

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”

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”

Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize Crowdfunding?

Today’s Detroit Free Press had an article about Detroit’s blight removal campaign – see it here The article reports that through various avenues, including the Detroit Land Bank Authority: “Detroit now demolishes 200 eyesores a week,“ The article goes on to report all of the challenges ahead for Detroit, including a vast amount of blighted propertiesContinue reading “Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize 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?”