Posted by Rebecca Ryan on February 8, 2012
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Michael Shuman’s new book is on sale. Here’s the notice that Chelsea Green (the publisher) sent out via email this afternoon: Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real
The Madison-are LION network is starting to do some deals! (Very exciting.) Many of our investors and businesses are new to local investing, and wonder, “How do I execute the investment?” I’m a big believer in the KISS principle, “Keep
Interest in local investing is growing through word of mouth, Ryan says. The Madison LION group, which currently has 10 investors and $700,000 in available capital, just recently started receiving capital requests from businesses, and its investors have helped fund the expansion of a regional butcher shop. The group also is looking at other opportunities, including a request from Clock Shadow Creamery, set to open in Milwaukee this spring. Ryan says one investor has expressed interest in funding this project, and that investor would like to get a couple more investors to join in.
All kinds of businesses can benefit from raising local dollars to launch their local business, as New York Times restaurant writer Glenn Collins writes in his recent article, “To Raise Cash, Restaurants Turn to the Crowd.” Beyond the $13,000 he