It’s not efficient to finance a $430 million project with small tranches of capital. And yet Small Change is. In early April 2024, Small Change, launched an investment opportunity into 22 Drydock Avenue in Boston’s Seaport district. The property is slated to be the city’s first life sciences building to achieve LEED Platinum and net-zero carbon emissions and has very … [Read more...] about Small tranches.
Crowdfunding
Oasis in a food desert.
An oasis is emerging in the food desert. Residents of the underserved Northwest Goldberg neighborhood in Detroit will finally be able to buy groceries and household goods locally, thanks to the establishment of Kornr Store, a retail concept developed by Brinda Devine of Purpose8 Real Estate. Only 18 months after raising $43,000 through a crowdfunding campaign on … [Read more...] about Oasis in a food desert.
Community Capital.
Chris Miller is chair and one of the founding board members of the National Coalition for Community Capital, a 501c3. Among NC3’s goals are to empower ordinary citizens and strengthen local economies through community investment and ownership, with particular attention to wealth-building by non-accredited investors and to underserved populations and communities. Chris … [Read more...] about Community Capital.
Superpowers Interview.
Devin Thorpe interviewed Eve for his TV show, Superpowers for Good!. It's a masterful interview. Devin teased the why and how of Small Change right out of her. For those of you still wondering what it is Eve actually does, this interview tells it all. You can watch the interview here. AI Episode Summary … [Read more...] about Superpowers Interview.
Bigger.
This year Small Change expanded its team … radically. You may have read about it. We’re 10 weeks in now and have developed a satisfying work rhythm, supporting each other as Small Change gets busier. Julian and Mitch are now managing the platform technology in house. Mitch is the coder and Julian the strategist. Rich, Jake and I are focused … [Read more...] about Bigger.