Topics Under Category: "Prototype"

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 […]

Chicago Looks to Social Enterprise to Address Urban Challenges

Anne Field | July 11, 2016

Chicago has more than its fair share of urban woes. Cook County, a county of more than 5.2 million of which Chicago is the county seat, has a poverty rate of 17%. It is plagued by violence and crime. And the county suffered the biggest population decline last year of any county in the U.S. […]

Spurring Rural Entrepreneurship: 8 Innovative Business Models That Don’t Break The Bank

Becky McCray | June 3, 2016

Starting a business in a small town or rural place isn’t easy. Financing can be a major roadblock. In some small towns, local banks may not support unproven business owners. In other towns, the formerly-local banks are now owned by out-of-town conglomerates with far-away loan approval committees. In still other rural places, there simply aren’t […]

Reimagining B-School: At Etsy.org, Love & Community Top the Syllabus

Amy Cortese | March 31, 2016

Since its founding in 2005, Etsy has helped lead a revival in crafts and DIY culture, providing an alternative to soulless, mass manufactured goods. When the company, a B Corp., went public in 2015, it used some of the proceeds to endow a separate foundation, Etsy.org, to further its mission of “re-imagining commerce.” As the […]