Maybe this is not super big news to you, but it is to me. In plain English, there's a recommendation on the table that if approved by the SEC, will permit small businesses to raise up to $350,000 without the burdensome financial review requirements that currently exist. This promises to be a momentous change for the small-scale developers who come to my SmallChange.co … [Read more...] about From $124,000 to $350,000.
Equity
Small tranches.
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.
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.
Public Assets.
Former U.S. Congressman Ben McAdams is the founder and CEO of the Common Ground Institute, an organization supporting jurisdictions working to create revenue and other public benefits from government-owned real estate through public-private partnerships. He is also a Senior Fellow for the Government Finance Officers Association, where he leads the Putting Public Assets to Work … [Read more...] about Public Assets.