Your Mark On The World

#84: New Site Helps Small Businesses Raise Money In Local Communities

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Synopsis

July 30, 2014 - Read the full GoodCrowd.info article and watch the interview here: http://bit.ly/1oHmpPP. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Kevin Hitchen’s left J.P. Morgan to help launch Localstake, a crowdfunding site that facilitates investments in local businesses. The platform has successfully raised over $3 million for entrepreneurs in its first year of operation. More about LocalStake: Localstake is an online investment crowdfunding platform that enables startup and small businesses to raise up to $1 million in funding from individual investors in the community. Our platform allows business owners to efficiently connect with and raise funding from local investors. Individual investors of all wealth backgrounds are able to access, review, and invest in local businesses with as little as $250,something many have never really been allowed to do before. After a business has achieved funding, they