Award recognizes outstanding contributions to the crowdfunding industry
We're honored to share that The Local Crowd (TLC), a rewards-based crowdfunding platform, recently won a Crowdfundie Award at the Global Crowdfunding Conference in Las Vegas, Nevada. This award recognizes outstanding contributions to the crowdfunding industry.
Locally, The Local Crowd is hosted by Monadnock Buy Local and called The Local Crowd Monadnock. Since we launched in March 2017, four Monadnock Region businesses/organizations/initiatives have collectively raised $34,946 from over 200 individuals.
TLC Co-founders Diane Wolverton and Kim Vincent accepted the award at a VIP event at Planet Hollywood in Las Vegas.
“We are super excited to receive this reward — on behalf of all The Local Crowd communities,” Wolverton said. “TLC's host communities, like The Local Crowd Monadnock, have worked very hard to launch this tool. It is very gratifying to see this work recognized.”
The Global Crowdfunding Conference, founded by Ruth E. Hedges, is the crowdfunding industry’s flagship event. This convention brings the global crowdfunding community together to learn, share and co-create the future of the industry—an industry that is experiencing explosive growth.
In 2016, start-ups, nonprofits and entrepreneurs raised more than $60 billion in capital from crowdfunding. This is a huge jump from just four years ago, when crowdfunding raised $1.7 billion in capital. Hedges commented, “I love what The Local Crowd is doing. It fills a very important niche in the industry.”
The Local Crowd platform is specifically designed for rural communities and is currently in 13 states. In conjunction with The Local Crowd Monadnock, TLC provides education, support and hyper-local tools to connect local businesses and organizations with the capital they need.
The Local Crowd Monadnock is now accepting crowdfunding proposals for 2018. Details are available at monadnocklocal.org/rfp.
Congrats to The Local Crowd and all thirteen TLC Communities!