Today the Wyoming Business Report has a story about The Local Crowd LLC and CEO Diane Wolverton. Wolverton has spent 16 years working in the University of Wyoming’s Small Business Development Center. She is now in the process of seeking federal grant money in order to test feasability of a locally-focused crowdfunding model.
The plan seems to be to leverage the forthcoming exemption under Section 4(a)6 (equity crowdfunding) in order to funnel local funds into local businesses in the state of Wyoming. Someone with Wolverton’s background in economic development should be perfectly suited to see that goal through.
We’ve reached out to Wolverton for more information.