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.
Crowdfunding is a useful tool for development finance professionals. CDFA has collected many resources to help you understand this important tool.
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
View More Resources
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.
Crowdfunding is a crucial tool for development finance. CDFA has collected several case study examples.
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.
Small Business Financing Solutions in ColoradoMembers only Login
More Case Studies
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.
Communities throughout the country use crowdfunding every day and CDFA collects headlines on projects and news daily.
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 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.