Kyyba Innovations, an innovation and collaboration eco-system, announced on Tuesday is set to launch the second series of “Detroit Fintech Challenge” to identify game-changing innovations in the financial services industry. As previously reported, Kyyba Innovation has teamed up with TechTown Detroit for the program. The… Read More
Because cryptocurrencies are volatile, are not accepted as legal tender anywhere in the world, are not handled by banks and can be transmitted anonymously, without new legislation, the State of Michigan will not be allowing candidates there to accept cryptocurrency campaign donations. These points were… Read More
Michigan enacted an intrastate investment crowdfunding exemption back in 2013 with broad bipartisan support. But legislators are looking to expand the reach of the current rule by updating the law. According to the Michigan House Republicans, State Representative Bronna Kahle’s new legislation (HB 4305) will broaden… Read More
Rabble is launching its first project within Q1 — a $535,000 fundraise for Century Partners, which seeks to revitalize housing and communities in Detroit, Michigan. The funds that Century Partners raises will be used to purchase and renovate abandoned homes in efforts to bring new life… Read More
On Monday, Detroit-based Marygrove College announced it crowdfunding campaign through Michigan-based crowdfunding platform, Patronicity. The funds raised through this joint effort between Marygrove College, The Michigan Economic Development Corporation (MEDC), and the Michigan State Housing Development Authority (MSHDA) will support construction of the Charles McGee Community… Read More
Earlier this week, E News! caught up with Michigan-born rapper, Big Sean, to discuss his organization Sean Anderson Foundation and his recent project to help stop the Flint water crisis. The musician recently launched a crowdfunding campaign through Crowdrise to raise funds for the Michigan town, which has been… Read More
On Thursday, television personality Ellen DeGeneres launched a crowdfunding campaign on GoFundMe to raise $5 million for Spain Elementary School in Detroit, Michigan. The school needs building repairs, new classroom materials and technology to bring it up to date for its students. Sharing details about the… Read More
Seeking to help the residents of Flint, Michigan during their water crisis, over 8,000 supporters have taken to crowdfunding platform GoFundMe to raise $300,000 for 92 campaigns that are dedicated to the cause. The GoFundMe team shared: “Over the past several days, we have seen… Read More
On Monday, CrowdRise announced its Water for Flint challenge in partnership with Craig Newmark, founder of craigslist and craigconnects, to deliver 25,000 cases of water to the residents of Flint, Michigan. The crowdfunding platform stated that for every $20 donation made to any fundraiser through the Water for Flint Challenge, Newmark will match the donation with… Read More
Showing support to those affected by the Flint Water Crisis, rock band Pearl Jam has launched a crowdfunding campaign on Crowdrise to help get clean water to the Michigan city. Flint’s water system has been containment and research showed that lead poisoning was found and… Read More
On Friday, crowdfunding platform GoFundMe announced it has launched a crowdfunding contest to help funds for the Flint Water Crisis. For those who don’t know what has happened, Flint’s water system has been containment and research showed that lead poisoning was found and as… Read More
Last month, Taylor Janssen, a brother of the University of Michigan Phi Kappa Psi fraternity, dove into Lake Sherwood from his platoon boat without knowing how shallow the water was. The young man broke his neck at one of the low-cervical nerves, his C5 vertebrae. This accident left him partially paralyzed…. Read More
“I was hoping for a 50 percent success rate,” said Katharine Czarnecki, community development director for the Michigan Economic Development Corp.’s (MEDC) “Public Spaces, Community Places” initiative, a partnership with crowdfunding platform Patronicity and the Michigan Municipal League. Czarnecki oversees the program, and was quoted… Read More
In an effort to end hate crimes and violence against the LGBTQ community, the “God Loves Gays National Billboard Campaign” project has been launched on YouCaring to raise $20,000 to post billboards in 20 states. Last year, the creator of the God Twitter and Facebook page… Read More
Last week, transportation giant Uber Detroit announced the launch of the #UberPartnerKen Movement, which was to help a GoFundMe campaign for one of its drivers, Ken Broskey, as he tries to pay off his mortgage before he passes away from cancer. As previously reported, Uber announced that it… Read More
Earlier this month, three college students from Miami University (of Ohio) launched a crowdfunding campaign on Kickstarter to raise $100,000 for their one-of-a-kind winter jacket using insulation from NASA and used in space suits, Lukla Endeavor jacket. The winter apparel is considered the thinnest, warmest and most breathable… Read More
A Detroit resident named James Robertson made headlines when the story about his rough work commute surfaced this week. The 56-year-old man walks from his home on Woodward Ave to catch his morning bus to Somerset Collection in Troy before he walks to his job… Read More
Fast growing real estate crowdfunding platform Fundrise has been expanding its message and platform reach across a growing number of states. Site co-founder Dan Miller recently stated they are aggressively growing their company and are intending on setting up shop in Europe – specifically London as they… Read More
First Crowdfunded Real Estate Project in Detroit Fundrise, a leading real estate crowdfunding platform, today announced it is partnering with Larson Realty Group to develop the former Tiger Stadium in Corktown, Detroit’s oldest neighborhood. It will be Fundrise’s first project in Detroit. The Economic Development Corporation… Read More
First State to Create Secondary Market for Privately Crowdfunded Securities. Tired of waiting on federal regulators to implement investment (aka equity) crowdfunding for all investors, several Midwestern states, including Michigan, have legalized intrastate investment crowdfunding. Now, with the pending passage of HB 5273, Michigan’s effort… Read More
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