Topics Under Category: "Prototype"

landed

A Sharing Solution to California’s Housing Crisis

Amy Cortese | July 13, 2018

It was late August last year and Fidel Mora, a bilingual math teacher in San Mateo County, felt the familiar sense of anticipation as a new school year approached. But this year there was something else he was excitedly looking forward to: Mora and his wife Carol Yoo, an English teacher (pictured above), were preparing […]

A Social Enterprise Accelerator Launches a Cryptocurrency for its Community

Anne Field | June 12, 2018

You’ve heard of Bitcoin. But a growing number of social enterprises are also adopting blockchain-based cryptocurrencies to build safe, transparent networks and communities. One recent example is COMMON, a social entrepreneurship accelerator and collaborative community based in Boulder, Colorado. COMMON recently introduced a cryptocurrency called COMMON Cents, to be used by members of its community. The […]

Chicago social enterprise

Chicago-Area Social Enterprises Will Benefit Under New Rule

Anne Field | March 5, 2018

Procurement is an often-overlooked policy tool, but it can have significant impact on local economies. Cook County, Illinois,  which includes Chicago and is the second largest county in the U.S., is using its purchasing power to give the area’s social enterprises an official leg up. The county recently enacted an ordinance giving impact ventures a […]

ICOs

Regulators Zero in on Brave New World of Initial Coin Offerings

Amy Cortese | February 6, 2018

The SEC has spoken: ICOs are securities and should be regulated like them. In a wide-ranging hearing convened by the Senate Banking Committee on Tuesday, the heads of the Securities & Exchange Commission and the Commodities Futures Trading Commission gave their opinions of cryptocurrencies, Initial Coin Offerings (ICOs), blockchain and their regulatory oversight—or lack thereof, […]

NYC Will Invest in Local Women Entrepreneurs on Kiva

Amy Cortese | November 15, 2017

Women entrepreneurs of New York: your city wants to invest in you. Under a new program, called WE Fund: Crowd, when women entrepreneurs create a crowdfunding campaign on Kiva.org, the city will kick in the first 10% of their goal, up to $1,000. New York City officials hope to support at least 500 women-owned businesses […]

clean energy credit union

A New Credit Union Will Focus on Clean Energy

Locavesting Staff | November 7, 2017

Worried about climate change? Want to do more to support the spread of renewable energy? There’s a new credit union designed for people like you. The Clean Energy Credit Union is a new federally chartered credit union with a mission to help speed adoption of renewal energy by making it more broadly affordable. It was […]

Marion + Rose popup shop

Revitalizing Local Communities With Popup Shops

Anne Field | March 3, 2017

Local retail is a crucial to a community’s economic health and vitality. Local stores invest more of every dollar they receive back into their neighborhood. They also increase the perception that a block is less vulnerable to crime and, as result, boost safety, says Sarah Filley, the founder of Popuphood, a startup that incubates small businesses […]

New Brunswick, Canada local investing tax incentive

Can Tax Incentives Jumpstart the JOBS Act?

Chelsea Eddy | January 24, 2017

Investing in local businesses, rather than in publicly traded corporations, is an idea generating interest globally. But until recently, that was hard to do in the U.S., thanks to federal and state laws that have impeded such investments by average citizens. The JOBS Act, passed in 2012 and fully implemented last May, has lowered many […]

social impact

Venture Funding With a Twist: Founders Have to Give Back

Anne Field | December 13, 2016

Social entrepreneurship and venture capital are often an uneasy fit. The emphasis on fast growth and outsize returns can push founder to stray from their mission. Now, a new venture fund is marrying social impact and Millennial values with early stage investing—and redefining the term sheet in the process. The fund, Aera VC, is a […]

Five Cities Will Test New Muni Bond Crowdfunding Platform

Amy Cortese | October 13, 2016

Music venues, affordable housing, fire trucks and public parks. These are some of the first public works that will be funded on Neighborly, a new funding platform that combines crowdfunding and municipal finance. San Francisco-based Neighborly began its life as a civic crowdfunding platform, but two years ago shifted its focus to the multi-trillion dollar […]