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”
Tag Archives: social entrepreneurs
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”
Social Entrepreneurship at its finest: Cascade Engineering.
The Governor’s Office last week posted an article on its “reinvention blog” highlighting a company doing amazing work in West Michigan and around the globe: Cascade Engineering. According to the State’s Blog Post: “When Fred Keller founded Cascade Engineering in 1973, he was focused not only on building a successful company but also on creatingContinue reading “Social Entrepreneurship at its finest: Cascade Engineering.”
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”
Michigan Crowdfunding News for Social Entrepreneurs
Happy Friday! Last Thursday I presented on “Social Entrepreneurship” from a Legal Perspective at the Grand Rapids Area Professionals for Excellence (GRAPE) If you couldn’t make the presentation and you’re interested, I believe my power point presentation has been made available through the GRAPE website. Social Entrepreneurship: #PurposeDriven I love Shawn Miller’s twitter posts on SocialContinue reading “Michigan Crowdfunding News for Social Entrepreneurs”