Investing in your own backyard seems like a no-brainer to most, but knowing if it's right for you is another story. Join us and your fellow neighbors as we dive in to the nuances of community investments.
Come see a mock pitch and get your feet wet by asking questions, making decisions and learning from the experiences of others.sign up for a workshop
Find out how advocates changed 85-year-old laws to help us get back to the roots of how our local economies were originally founded.Learn lots more
Join us and your fellow neighbors as we dive in to the mega-exciting world of community investing.
On a snowy night in 2013, a few days before New Year's celebrations were to begin, the MILE Act was signed into existence. This new freedom made Michigan the 4th state to reverse laws that locked generations of citizens out of the opportunity to directly participate and benefit from the revitalization of their own community.
As of the end of 2018 there are now 35 states + D.C. that have made this historic move, many of which copied Michigan's law, because it was just that good.
MILE stands for Michigan Invests Locally Exemption. It allows companies in Michigan to raise capital from investors in Michigan. An update to the law even allows companies to solicit their raises online. To learn more about the MILE Act and how it works, check out this white paper that was written right after it was passed.
Here are some other super-rad resources our friends have shared to fill your brain with more local investing knowledge.
Learn about the MILE Act, read some cool case studies, and get additional resource links specific to Michigan.check it out
A national clearinghouse for news, articles, and latest updates in the community investing movement.check it out
Educational initiatives are a team sport, and we want to thank this team for their dedicated and collaborative dispositions. Check out the team that's supporting community investing education in your state and send them a thank you note if the mood strikes you.