The Prosperity Agenda: Crowdfunding, Local Stock Exchanges Could be Game-Changer for Michigan

prosperity-agenda-thumbImagine this situation: You walk into your favorite restaurant, in your favorite downtown on a Friday night and the place is packed. There’s an hour wait to get a table and your mouth waters in anticipation of what you’re seeing and smelling around the eatery. You hear they may want to expand and think, “Man it would be nice to be part-owner of place like this.” A new Michigan movement called crowdfunding would give you the opportunity to do just that. This month’s Prosperity Agenda radio show on News/Talk 760 WJR examines this crowdfunding concept. My co-host is Claire Nelson, director of Urban  Innovation Exchange (, Our guests are Summer Hallwood Minnick, director or policy initiatives and federal affairs for the League; Michigan Rep. Nancy Jenkins, R-Clayton, who sponsored the Michigan crowdfunding legislation that is now law; and Joe Borgstrom, Director of the Downtown & Community Services for the Michigan State Housing Development Authority. Borgstrom discusses a major national Main Street convention coming to Detroit in April. The show airs 7 p.m. March 26, 2014, on News/Talk 760 WJR, but you can listen anytime at the  League’s website or by subscribing to the FREE iTunes podcast. Learn more about the placemaking concept here as well as on this blog.