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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.

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.
CDFA // BNY Mellon Webcast Series: Locavesting: Revolutionizing Local InvestmentMembers only Login
This month's CDFA // BNY Mellon Development Finance Webcast , our expert speakers explored locavesting to demonstrate how to unlock this new and innovative development finance resource in your community.
A Guide to Regulation A+Members only Login
McGuireWoods' white paper explains how the SEC's Regulation A+ works and provides practical considerations to be taken into account in deciding whether to pursue this approach.
Unlocking Capital AccessMembers only Login
Representatives from the California Association of Micro Enterprise Opportunity and California Pollution Control Financing Authority look at how California creates access to capital for micro businesses and enterprises.
View More Resources

-Resources

One Linden - Comprehensive Community Development Plan
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.
Shared Kitchen ToolkitMembers only Login
This Toolkit is intended for everyone from kitchen entrepreneurs to startup nonprofits, from economic development agencies to producer networks, from food system groups to real estate developers. We hope this Toolkit also provides helpful guidance to existing food businesses and community kitchens (churches, community centers, schools and food access program kitchens) who seek to share their commercial kitchen space with entrepreneurs and food programs as an ancillary use.
Small Business Credit Survey 2019Members only Login
The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, delivers timely information on small business financing needs, decisions, and outcomes to policymakers, lenders, and service providers. The report findings provide an in-depth look at small business performance, debt holdings, and credit experiences, complementing national data on lending volumes and lender perceptions.
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. 
View more Crowdfunding Resources

-Case Studies

One Linden - Comprehensive Community Development Plan
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. 
New Funding Sources for Food-Related BusinessesMembers only Login
This directory provides an overview of various sources of financing that may be available to food hubs and other food-related businesses. This directory is a partial listing of what may be available across the United States; some examples may not be a good match with your particular circumstances. Many of the funding sources listed in this directory are available for local food-related businesses across the United States, but several additional funding websites are specifically for Michigan.
Creating a Crowdfunding EcosystemMembers only Login
Amy Campbell Bogie of the National Coalition for Community Capital discusses how to create a crowdfunding ecosystem with a focus on North Carolina.
Small Business Financing Solutions in ColoradoMembers only Login
Mike O'Donnell (Colorado Lending Source) discusses how small businesses are financed and the various access to capital challenges they face. In addition, it will showcase a variety of small business financing solutions and explore how they work for different types of businesses.
View more Case Studies

-Headlines

-Training Courses

The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA’s educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

View more Training Courses

-Upcoming Events

CDFA // BNY Mellon Development Finance Webcast Series: Sourcing Local Capital for Community Projects
Tuesday. December 17, 2019
1:00 PM Eastern
From crowdfunding to co-ops, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we will learn about the tools that are being used to bridge the financing gap and make local economies work.
Register
Fundamentals of Economic Development Finance WebCourse
January 29-30, 2020
Daily: 12:00 - 5:00 PM Eastern
The Fundamentals WebCourse is the foundation for all of CDFA’s educational offerings. This course helps attendees understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.
Register
CDFA Federal Policy Conference
April 14-15, 2020
Washington, DC
The federal government plays a critical role in driving private and public investment in innovation, job creation, infrastructure, and community development. With the 2020 presidential election quickly approaching, development finance will be a key policy issue across the nation. The 116th Congress will also play a major role in shaping our country’s economic development policy going forward. It's up to the development finance community to focus the national discussion on smart federal policy, and CDFA is the voice of the economic development finance community on Capitol Hill. For these reasons, CDFA will host its CDFA Federal Policy Conference on April 14-15 in Washington DC.
Register
View more Upcoming Events

-Webcasts

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.
CDFA // BNY Mellon Webcast Series: Locavesting: Revolutionizing Local InvestmentMembers only Login
This month's CDFA // BNY Mellon Development Finance Webcast , our expert speakers explored locavesting to demonstrate how to unlock this new and innovative development finance resource in your community.
CDFA California Webcast: Creative Economic Development FinancingMembers only Login
The CDFA California Financing Roundtable in partnership with CALED produced this webcast on "Creative Economic Development Financing," in which experts discussed  PACE, EB-5, and innovation finance.  Speakers were Cisco DeVries of Renewable Funding, Ginny Fang of Golden Gate Global, and Samuel Wu of Innovation Capital Law Group, LLP.

CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Fifth Third Bank
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McCarter & English, LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • Petros PACE Finance
  • SB Friedman Development Advisors
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor