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Crowdfunding Resource Center

Many economic development agencies, non-profits, small businesses and entrepreneurs are turning to individual fundraising sources to support capacity building and business development. Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people. This process is almost exclusively done over the internet, giving small businesses, entrepreneurs and organizations access to capital at a very broad level.

Want regular updates on Crowdfunding and other development finance tools? Subscribe to one of CDFA's Newsletters.

-Understanding Crowdfunding

Crowdfunding is a useful tool for development finance professionals. CDFA has collected many resources to help you understand this important tool.

Promoting Employee Ownership Through SSBCIMembers only Login
The Employee Ownership Expansion Network and Ownership America gave this presentation on how the State Small Business Credit Initiative (SSBCI) can be used to promote employee ownership of small businesses.
COVID-19 Weekly Briefing - Impact Investors' Responses to COVID-19
During the May 1, 2020 Weekly COVID-19 Development Finance Briefing, listeners heard how four prominent leaders in impact investing are responding to both the economic crisis and the public health crisis, learned about the types of solutions and partnerships they are actively engaged in, and how philanthropic impact investors can realign their strategies to help with recovery efforts.
CDFA // BNY Mellon Development Finance Webcast Series: Sourcing Local Capital for Community Projects
Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.
Crowdfunding Takes FlightMembers only Login
Benji Taylor Jones from Ward and Smith, P.A. discusses crowdfunding.
EB-5 An IntroductionMembers only Login
An exploration of the EB-5 program including program specifics and how it ties in with crowdfunding.
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-Resources

Reframing Farmland as an Investment: A Compelling Opportunity in an Inflationary EnvironmentMembers only Login
The “Reframing Farmland as an Investment: A Compelling Opportunity in an Inflationary Environment” report explains why interest in the farmland asset class has never been higher - from historically being one of the most stable asset classes delivering investors positive returns without significant deviation to being an effective inflation hedge.
Funding Sources for Food-Related Businesses, Eighth EditionMembers only Login
Funding Sources for Food-Related Businesses includes sources of local, regional, and national finance opportunities that may be available to producers, distributors, food hubs, and food-related businesses. Initially informed by a list of funding resources for food-related businesses found on the Food+Tech Connect website, a media and research company building a network for food innovators and entrepreneurs, this listing has been expanded and updated by the Michigan State University Center for Regional Food Systems to help support local food systems.
Soil Wealth Areas: Place-based Financing for Conservation, Rural Communities & Regen AgMembers only Login
A new report from Croatan Institute highlights how the Soil Wealth Area model can facilitate more investment in regenerative agriculture, enhance conservation, and support resilient rural economies. The report provides specific recommendations for implementing Soil Wealth Areas in each of the regions analyzed and creating a wider Soil Wealth Community for practitioners to share learnings about their experiences with place-based financing.
Promoting Employee Ownership Through SSBCIMembers only Login
The Employee Ownership Expansion Network and Ownership America gave this presentation on how the State Small Business Credit Initiative (SSBCI) can be used to promote employee ownership of small businesses.
COVID-19’s Concentrated Health and Wealth Effects in Black CommunitiesMembers only Login
The COVID-19 pandemic has exposed acute and deep-rooted connections between physical and economic health. Many of the same places hit hardest by the pandemic are reeling concurrently from the health crisis, business closures, and job losses. These communities are disproportionately communities of color. This brief examines reasons why Black-owned firms have been almost twice as likely to shutter as small firms overall.
View more Crowdfunding Resources

-Case Studies

Investing in Regenerative Agriculture Infrastructure Across Value ChainsMembers only Login
Regenerative farms rely on small-to-mid scale, aligned infrastructure to process, transport, and market their products. These middle infrastructure businesses help to improve farm income and bolster regional food economies while providing significant social and environmental benefits. However, their unique business models require innovative and patient forms of capital to grow and succeed. This report identifies finance opportunities and pathways to build resilient value chains for regenerative farms.
CDFA // BNY Mellon Development Finance Webcast Series: Sourcing Local Capital for Community Projects
Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.
One Linden - Comprehensive Community Development PlanMembers only Login
Linden is a distressed neighborhood in Columbus, Ohio. This plan is designed to create a roadmap for safe neighborhoods, economic development and access to affordable housing, quality healthcare, education and employment opportunities in Linden.
CDFA // BNY Mellon Webcast Series: Emerging Structures for Investing in Low-Income CommunitiesMembers only Login
During this installment of the CDFA // BNY Mellon Webcast Series, John Haines with Mercy Corps Global Innovations along with Michael Schrader and Steven White with Orrick Herrington & Sutcliffe LLP discussed the financing structure that supported a place based specific solution for a community in need. 
View more Case Studies

-Headlines

-Webcasts

COVID-19 Weekly Briefing - Impact Investors' Responses to COVID-19
During the May 1, 2020 Weekly COVID-19 Development Finance Briefing, listeners heard how four prominent leaders in impact investing are responding to both the economic crisis and the public health crisis, learned about the types of solutions and partnerships they are actively engaged in, and how philanthropic impact investors can realign their strategies to help with recovery efforts.
CDFA // BNY Mellon Development Finance Webcast Series: Sourcing Local Capital for Community Projects
Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.
CDFA // BNY Mellon Webcast Series: Strategies to Support Your Local Venture Capital EcosystemMembers only Login
During this installment of the CDFA // BNY Mellon Webcast Series, Lamont Price with the Tennessee Department of Economic and Community Development, Teela Spiller with the Atlanta Micro Fund, and Eric Clement with the NYCEDC highlighted several development finance programs that have proven effective in attracting venture and start-up capital.
CDFA // BNY Mellon Webcast Series: Emerging Structures for Investing in Low-Income CommunitiesMembers only Login
During this installment of the CDFA // BNY Mellon Webcast Series, John Haines with Mercy Corps Global Innovations along with Michael Schrader and Steven White with Orrick Herrington & Sutcliffe LLP discussed the financing structure that supported a place based specific solution for a community in need. 
CDFA // BNY Mellon Webcast Series: Crowdfunding Small Business DevelopmentMembers only Login
Crowdsourcing.org defines crowdfunding as “the use of small amounts of capital from a large number of individuals to finance a new business venture.” This financing mechanism has become immensely popular with entrepreneurs and small businesses as can be seen by the growth of websites such as GoFundMe and Kickstarter. States across the nation are adopting legislation to support this new style of finance. Some states have even partnered with crowdfunding providers or offered grant programs to encourage its use. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series Diane Wolverton and Kim Vincent from The Local Crowd, LLC, Trey Sherwood from the Laramie Main Street Alliance and Katharine Czarnecki from the Michigan Economic Development Corporation present on the approaches their communities are taking to support crowdfunding.

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