Posts Tagged ‘ Central Falls ’

Issue municipal bonds? No thanks, we’ll crowdfund instead

Issue municipal bonds? No thanks, we’ll crowdfund instead

CNBC – 26 Sep 2013 – When most towns need trash cans, they use money raised from taxes or municipal bonds. But when a city that emerged from bankruptcy less than a year ago needs trash cans, a touch of creativity is required. That’s why Central Falls, R.I., is trying to use a method more commonly associated with Internet start-ups and low-budget movies: Crowdfunding. In 2011, Central Falls became the only Rhode Island city to ever file for bankruptcy. And while the impoverished 1.2-square-mile city of about 20,000 residents never missed a bond payment, pensions were slashed, and the city budget became very tight. So…

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Central Falls looks to crowdfunding platform Citizinvestor to help spruce up Jenks Park

Central Falls looks to crowdfunding platform Citizinvestor to help spruce up Jenks Park

Less than a year after emerging from federal bankruptcy, city officials continue to find new ways to spruce up the state’s poorest and smallest municipality. Now, Central Falls is teaming with Citizinvestor, a crowdfunding platform for community projects, to help guide the city’s 19,400 residents to invest in their community. The partnership hopes to raise money to install “one-of-a-kind,” steel trash cans and recycling bins in Jenks Park. The park is on Broad Street right next to Central Falls City Hall. “The future is bright for the City of Central Falls,” said Mayor James A. Diossa, who is running unopposed for a new three-year term…

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HEADLINE NEWS

ForbesHow One Startup Raised 10 Times Its Original Crowdfunding GoalForbesRunning a successful crowdfunding campaign isn't easy. The odds are heavily stacked against you, as very few end up succeeding. "Statistically, up to 89% of campaigns fail. Kickstarter has the highest [...]

ForbesThe Ultimate Pre-Launch Crowdfunding ChecklistForbesCrowdfunding is not limited to the platform where you launch your campaign. Instead, it has become a valuable way to transform your idea into a mainstream business. In order to head in that direction, you must execute a number [...]

Eater LondonFat Macy's Launch Crowdfunding Campaign to Open Restaurant in PeckhamEater LondonFat Macy's — a food social enterprise which aims to train young Londoners living in temporary housing — have launched a crowdfunding campaign. Their aim is to raise £55,141 to fund a [...]

Realnoe vremyaEveryone pools: Elvira Nabiullina to look closer at crowdfundingRealnoe vremyaIts Deputy Chairman of the Board of Directors Yulian Lazovsky told Realnoe Vremya that crowdfunding platforms will need to create a capital of at least 10 million rubles within the cooperation [...]

Crowdfund InsiderStartwise, a New Crowdfunding Platform using Reg CF Goes Live with Revenue Sharing OfferingsCrowdfund InsiderToday, Startwise, the newest FINRA approved Reg CF platform, has officially launched a marketplace where you can invest in companies you care about for as litt [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

TechCrunchUK's Prodigy Finance raises $240M to crowdfund students from emerging marketsTechCrunchUK fintech startup Prodigy Finance has raised a whopping $240 million funding round, certainly one of the largest by a UK company this year. The company provides loans to internationa [...]

Devon LiveCrowdfunding campaign launched to save adopted Romanian puppy who needs £8000 for vital surgery to save its lifeDevon LiveSam has started a crowd-funding campaign to try to help meet the £8000 cost of the surgery. It's a tall order, but every little helps. Sam had been [...]

DreamHost Launches Crowdfunding Campaign to Cover Legal Costs in DOJ FightWeb Host Industry ReviewDreamHost has set up a crowdfunding campaign to raise $10,000 for its legal fight against the U.S. Department of Justice. The DOJ is attempting to force DreamHost to provide it with websi [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

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