Tagged: michigan

Rock Band Pearl Jam Launches Crowdrise Initiative to Aid Flint Water Crisis

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

GoFundMe Launches Funding Contest to Help Provide Clean Drinking Water For Flint Residents

  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

Supporters Flock to GoFundMe to Raise Nearly $150,000 For Paralyzed University of Michigan Student

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

An ‘A’ For Michigan’s Initiative With Patronicity: Program Completes First Year With 97 Percent Success Rate

  “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

God Loves Gays National Billboard Campaign Project Seeks $20,000 on YouCaring to Bring Billboards to 20 States

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

Uber Driver & Terminally Ill Ken Broskey Successfully Gains Over $100,000 in One Week on GoFundMe to Pay Off Mortgage for His Family

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

Miami University Students Launch Kickstarter For Space Technology Jacket; Captures Nearly $240,000

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

Detroit Man Set to Receive New Vehicle Thanks to GoFundMe Initiative

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

Fundrise Will Avoid Using Intrastate Crowdfunding Regulations as it Fears the Feds

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

Brief: Fundrise Partners With Larson Realty Group to Redevelop Former Tiger Stadium in Detroit

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

Michigan Governor Set to Sign First Ever Intrastate Secondary Securities Market Bill

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

Michigan Aerospace Engineer Turns to Kickstarter For New Ice Cream Scooper; Scores 376% of Its Initial Goal

Ice cream lovers, rejoice! A Michigan resident by the name of Michael Chou has launched a Kickstarter crowdfunding campaign for the the Midnight Scoop. The new ice cream appliance is dubbed the “easiest way to scoop hard ice cream.” Originally seeking only $17,500, the project… Read More

Actor Tom Sizemore Turns to Crowdfunding For Heist Movie, Filmed in Detroit

Asking for funding assistance from his devoted fans, “Saving Private Ryan” star Tom Sizemore has launched a $500,000 crowdfunding campaign on Indiegogo for his new film An Honest Thief.  The campaign on Indiegogo is a “flexible funding” project – so whatever he raises he keeps…. Read More

Michigan Bar Owner Criticized by Community Member for Crowdfunding

Owner of the Arbor Brewing Company, formerly known as Corner Brewery, Rene Greff, is ready to set the record straight about her $75,000 crowdfunding campaign on Indiegogo. Earlier this summer, the Ypsilanti brewer took to the platform to launch a project to help upgrade the brewery’s… Read More

Detroit Company Raises $50,000 on Patronicity to Clean Up City Alley

Ready to make changes to the neighborhood, Midtown Detroit Inc. launched a $50,000 crowdfunding campaign on the platform Patronicity to clean and make green the alley between Alexandrine and Selden streets. The project raised $52,290 and will now receive help from other Detroit-based companies. According… Read More

Michigan Seeks to Create New Type of Broker Dealer

Michigan has been one of the states at the forefront of allowing intrastate investment crowdfunding to occur as Title III retail crowdfunding remains in a regulatory holding pattern.  The state has found capable champions in the legislature and within the business community making crowdfunding a… Read More

Michigan’s First Investment Crowdfunding Campaign Finds Huge Success

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

Michigan’s First Investment Crowdfunding Candidate Is Tecumseh Brewing Co.

The Michigan Invests Locally Exemption, or MILE for short, has its first potential benefactor. Tecumseh Brewing Co. will seek cash from the crowd in exchange for a revenue share in a bid to launch operations in Tecumseh, Michigan. The two cofounders, Tim Schmidt and Kyle… Read More

Advocates Push for Local Stock Exchange in Michigan

Michigan Municipal League, Representative Nancy Jenkins Push for Local Stock Exchanges. A bill pending in the state House of Michigan to create local stock exchanges to support small businesses would be the first of its kind in not only Michigan, but in the nation.  The… Read More

WATCH: Inside Crowdfunding Ep. 4 – Nick Meehan On Crowdfunding Lobbyists, An Exit For FundersClub, A New Michigan Bill, More

Hey, this week we got through a whole episode of Inside Crowdfunding without any major glitches! Success! Alon and I had a great conversation with Nick Meehan of The Lobby. Nick’s project piqued our interest after he was profiled in a piece for Vice. It’s… Read More

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