Credibles lets customers pre-pay for food—and that can open the doors to a lot of other benefits for customers and businesses.
A new report explores how anticompetitive behavior by big corporations and a blind eye from regulators are hurting indie businesses.
WANT TO INVEST LOCAL?
The stock market is off to a rocky start in 2016, with some pundits predicting 2008-style volatility. What if you could invest your money close to home, far from the Wall Street shenanigans, in businesses you know and trust? That's the idea behind locavesting. Thanks to new laws, there are more ways then ever to invest locally. Here are some new, and old, options.
Move over bears and bulls, there's a new beast in town! LIONs—short for Local Investing Opportunities Networks—are a kind of community-based investment group: think angel investors or microlenders with a hyper-local focus. The concept was pioneered by Port Townsend, WA residents in 2008, and has since spread to communities from New York to eastern Oregon.
Crowdfunding is a great experiment in financial democratization, and states are its labs. To date, 30 states have passed laws that allow intrastate crowdfunding within their borders. The rules vary, but most allow companies based in the state to raise $1- $2 million in aggregate from residents, with less red tape than federal rules require. Watch this space!
Sustainable food & agriculture your thing? Check out Slow Money, a national non-profit that’s the investing equivalent of Slow Food. There’s an annual conference, but most of the action takes place in locally run networks, from Maine to Missouri, that are inspired by the movement. The groups make loans or investments to local food producers and farmers. Find one near you.
A new world of investing is opening up, giving investors more freedom than ever to invest consciously. But investing—whether in the stock market or a local company–always involves risk. So do your homework and don't invest more than you can afford to lose. Most experts advise putting only a small portion into these alternatives. The content on this site is for information purposes only and is not intended to be financial advice.
Investors should assess a company's financial health, valuation and offering terms before they invest.
Startup activity is rebounding in the US, driven by women and minority entrepreneurs, according to the Kauffman Foundation.