While regulators and some politicians worry that investors may lose money, since investing happens to involve risk, the quote below is exactly why investment crowdfunding is dearly needed: “We went through bank after bank. They couldn’t justify giving out a loan to two guys starting a… Read More
Michigan’s first investment crowdfunding campaign under the new Michigan Invests Locally Exemption (MILE) has successfully reached its maximum goal. The Tecumseh Brewing Company this week reached $175,000 in local investments from Michigan residents. The company is the first in Michigan to raise funds under MILE,… Read More
The Michigan House Republicans shared this image of Governor Rick Snyder ceremonially signing Public Act 264 for 2013 establishing equity crowdfunding in Michigan. For more coverage, look to our previous articles below… Rep. Jenkins Hopes Crowdfunding Bill Will Be “A Real Win-Win For Michigan” A… Read More
Governor Rick Snyder has signed a Michigan intrastate crowdfunding bill into law according to a news release from his office on Monday. Predictions earlier this year that the bill could become law by the end of the year have come to fruition. Rep. Nancy Jenkins… Read More
What would happen if we could invest in businesses in our own communities? What would happen if that entrepreneur you know could raise the capital needed to start a business from friends and neighbors and investors who are intimately familiar with the project? Michigan citizens… Read More
Adrian, Michigan is a town of approximately 22,000 people and lies on the Michigan border between Ann Arbor and Toledo, Ohio, in the heart of the rust belt. It’s a far cry from San Francisco, New York or Austin. Amy Cortese (pictured, right) visited the town… Read More
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