Crowdfunding is a great tool to rebuild our communities in Michigan. Federal securities laws were created after the Great Depression to stimulate growth in the economy.
The Federal securities laws have recently been changed again and crowdfunding is the result. In December 2013, The State of Michigan passed the MILE Act, one of the most progressive State laws in the nation. We all know that Michigan suffered some of the greatest economic hardships following the 2008 recession. We now have the opportunity to explore new investments with this crowdfunding economic development tool. SE Michigan Crowdfunding Group is an organization that provides free monthly education, resources, and networking events on crowdfunding to assist with rebuilding the economy in this region. All are invited to our next seminar ‘Crowdfunding Deal Structure and Project Successes’ on Wednesday, Sept. 17th at 5:30 pm, Grand Circus, 1570 Woodward Ave., Ste. 300, Detroit, MI. The guest speakers are: Angela Barbash, founder of Reconsider, a community capital research company, Chris Blauvelt, founder of Patronicity, a community crowdfunding website for donation based funding of public spaces, and Kim Tandy, City of Detroit District 2 Manager focused on economic development of her district and blight fight. Through Kim’s efforts, her district raised $60,000 through a Crowdfunding campaign for street lights. Funding Roots, LLC, is this group’s sponsor. Register now at: http://www.meetup.com/SE-Michigan-Crowdfunding-Meetup/. Join us and participate in the renewal of OUR communities!
Source: Funding Roots
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