Topics Under Tag: "Michigan"

A Michigan Program Combines Crowdfunding And Grants to Fund Civic Projects

Ingrid Ault | November 20, 2015

The Midtown Green Alley is more than a 415-foot stretch of green space connecting Alexandrine and Selden Streets in Midtown Detroit. It’s a symbol of the community’s hopes for the area. The newly renovated alley features native landscaping, an edible garden, permeable paving stones and art installations created by local artists. And it will serve […]

Thinking About Raising Capital From Your Community? Ask These Questions First.

Jeff Aronoff | August 19, 2015

Community-based investment can be a great way to raise money and build support for your venture. And there are new options for entrepreneurs choosing this capital-raising path, such as investment crowdfunding. With the right team in place, community-based investment can be relatively user-friendly and easy to understand, but it still involves asking people to take real […]

Venture Exchanges Could Bring Liquidity to Small Firms And Boost The Economy

Amy Cortese | May 18, 2015

Three years after the JOBS Act was passed, making it easier for small ventures to raise capital, Congress is tackling the issue of secondary trading. The House Financial Services Committee last week floated a draft bill that would allow the creation of “venture exchanges” tailored to the needs of small companies. In many ways, the […]

Michigan Studies How to Boost Adoption of IntraState Crowdfunding

Erin Pidot | May 11, 2015

A growing number of states have passed intrastate crowdfunding exemptions—as of this writing, 19 states have enacted laws and more than a dozen more have legislation in the works. Michigan joined this local investing movement relatively early, in December 2013, with the passage of the Michigan Invests Locally Exemption (MILE). Michigan’s law is among the […]

A Startup Aims to Turn Customer Loyalty Into Cash, Starting With a Beloved Michigan Cafe

Sabiha Zainulbhai | April 17, 2015

Downtown Ypsilanti is vacant and gray on wintry Michigan mornings, save for one beacon of mid-morning activity: Beezy’s café. Since it opened in 2008, Beezy’s has become a daytime mainstay for locals, from artists and college students to young families, who come for the “simple, honest” food and communal atmosphere. On a street lined with […]

Can Crowdfunding Revive Local Stock Markets?

Amy Cortese | January 31, 2015

Back in October, I wrote an op-ed that appeared in the New York Times about local stock markets. Specifically, it was about the passage of Michigan’s Investment Markets bill, a novel new law that allows the creation of intrastate stock markets that would let Michigan-based residents buy and sell shares of Michigan-based securities. The idea […]