Hatch The Future

HTF 002: Community Capital to the Rescue - Amy Cortese and Chris Miller on Locavesting

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Synopsis

Community Capital to the Rescue In this episode Amy Pearl and Simon Love speak with Amy Cortese (author, journalist, and founder of Locavesting), and Chris Miller (economic and downtown developer of Adrian, Michigan). Chris discusses the inspiration provided by Locavesting and the impact that crowdfunding has had on the city of Adrian. The discussion moves to the shift from investing in Wall Street to investing in one’s community and the associated economic and community benefits.  They answer big questions such as how to balance individual gains (mitigating risk and making a profit) with being an ethical member of the community.  Amy and Chris also provide pointers to discern a real local market from the façade of one.    In This Episode You’ll Learn Inspirational stories of economic development in Michigan and the City of Adrian  How “Cops and Donuts” became a success story in Clare, Michigan  What state representatives can do to help local businesses How risky local investing really is What led Amy