Mission Markets, ASBC, Partner with South Carolina Group to Provide Crowdfunding

August 1, 2013 @ 1:32 pm By JD Alois

Mission Markets Community Portals Will Enable the Small Business Networks of ASBC and SCSBCC to Have Access to Equity and Donation-Based Crowd Financing and Support Sustainable Entrepreneurship

Mission Markets, which operates a portal network for impact and sustainability investments, has announced the launch of an online portal for local business investment in partnership with The American Sustainable Business Council (ASBC) and the South Carolina Small Business Chamber of Commerce (SCSBCC). ASBC and SCSBCC will have access to Mission Market’s unique blend of financing and donation-based crowdfunding.

The MMX private placement and Mission Crowdfund portal platforms provide ASBC’s 63+ U.S. business associations, 165,000 U.S. small businesses and 300,000 U.S. entrepreneurs the tools to seek financing from both accredited investors, as well as through crowd-sourced donations. The SCSBCC’s 5,000+ member organizations throughout the state of South Carolina can access funding for sustainable businesses using these new financing channels.

“For the first time ever, community-based organizations will be able to create their own marketplace where local businesses and local investors can meet. With the Mission Crowdfund tools on these sites, a whole new era of opportunities are now open to the 99% of the American public, who are now able to donate funds alongside accredited investors,” says Michael Shuman, Director of Community Portals, Mission Markets. “Members of a community now will be able to discover and support small companies aligned with their values that are the sustainable foundation of their community.”

“We chose to work with Mission Markets because of its mission to do good, its technology to enable these proprietary blended portal networks and its goal of reaching across organizations,” says Frank Knapp, President & CEO, SCSBCC, and Co-Chair, ASBC Action Fund. “By offering small businesses access to equity from accredited investors, and donation-based crowd financing, we are helping local communities to thrive in a socially responsible manner.”

Mission Markets(TM) is differentiated by its inclusive, collaborative approach in scaling the sustainable and impact investing markets. Mission Crowdfund is an example of Mission Markets’ focus on fostering an entire ecosystem around financing for social and environmental impact.

“We see this as a significant step in expanding our reach,” says Michael Van Patten, Mission Markets” Founder and President. “This inclusive platform is critical in delivering market infrastructure to social and environmental stakeholders worldwide.”