Crowdfunding and crowdsourcing are two of the hottest trends in business today. Crowdfunding platforms have helped many businesses get started, while crowdfunding campaigns have helped entrepreneurs raise funds for their businesses. The following list highlights some of Michigan’s top crowdfunding and crowdsourcing platforms:
1.Loveland Technologies
Loveland Technologies is a platform that helps businesses raise capital, increase revenue, and improve operations. It provides a suite of products and services to help businesses raise capital, increase revenue and improve operations.
Loveland’s product portfolio includes its flagship Crowdfunding-as-a-Service platform, which enables businesses to launch personalized crowdfunding campaigns; its proprietary software suite for managing private investments; an online marketplace where investors can buy or sell securities; as well as its network of experienced advisors who provide ongoing guidance throughout the fundraising process.
2. Editor
Publisizer is a self-publishing platform that helps authors and artists raise funds to publish their books, music, art and more.
Publisizer provides a crowdfunding marketplace for creators to fund their projects or sell pre-orders of their work. You can use Publicizer to raise funds for your next book or album by selling advance copies of your work through the platform.
If you’re looking for an easy way to get your creative project funded online without having to deal with investors or venture capitalists, Publisizer might be the answer for you!
3. Endless Crowds
Find Crowds is a crowdfunding platform that allows users to raise funds for their projects. It offers both crowdfunding and rewards-based campaigns, and it’s free for nonprofits that have 501(c)(3) status or are registered with the State of Michigan. Users can also request access to special funding packages that provide benefits such as media exposure, reduced advertising rates and more.
The project must be submitted through their website (or by email). Once approved, you can start fundraising.
Crowdfunding can be a great way to raise funds for your project. But it’s important to be aware of the costs associated with running a successful campaign. In addition to any crowdsourced fund fees, you should consider hiring an accountant or attorney to help you with tax issues, as well as any other professional services (e.g. PR firms) that may be needed for your project.
4. Lighthouse Credit Acceptance
Flagship Acceptance of Credit is a small business finance company that works with small businesses to provide loans and lines of credit. Credit’s flagship acceptance was founded in 2009 and has a B+ rating with the Better Business Bureau.
Lighthouse Credit Acceptance offers fair and affordable loans for Michigan businesses of all sizes, from startups to established businesses. Their services are designed to help those in need of capital to grow their business while helping to establish a good credit history for their clients.
Accepting Lighthouse Credit has made it easier to get a loan, even if you have bad credit. They offer a variety of financing options, including SBA loans and commercial equipment financing. Lighthouse Credit Acceptance works with businesses of all sizes and industries.
5. Launch
Launchgood is a crowdfunding platform that connects Muslim entrepreneurs with investors. Founded in 2015 by Faisal Khan, who is also the CEO of the company, LaunchGood allows users to create campaigns for their projects and products. In 2019, over million was raised through Laungood’s platform by over 1,000 entrepreneurs from 45 states in the US and 15 countries around the world.
Launchgood has partnered with several organizations such as the Michigan Muslim Community Council (MMCC) and Islamic Relief USA to raise funds for charitable causes such as relief efforts after Hurricane Harvey hit Texas in 2017 or donations to Rohingya refugees living in Bangladesh since 2016.
6. Invest Michigan
Invest Michigan is a non-profit organization that helps businesses raise capital through crowdfunding. The Invest Michigan platform was designed for Michigan entrepreneurs and small business owners to more easily raise funds from investors.
Invest Michigan was founded in 2015 and it is an online platform that connects businesses with investors. He has helped over 500 companies raise over million from private investors who want to provide capital for growth opportunities.
If you are looking for a way to launch your new startup or grow your current business, this program may be perfect for you!
7.DFCU Financial
DFCU Financial is a credit union based in Detroit, Michigan. It was founded in 1935 as the Detroit Federal Savings and Loan Association. It has become one of Southeast Michigan’s largest financial institutions with over billion in assets, over 500 employees and over 70 locations in Wayne County and Oakland County.
DFCU Financial has been recognized by the Better Business Bureau (BBB) with an A+ rating, due to its commitment to customer service, efficient operations and record of resolving complaints fairly.
DFCU Financial offers a variety of financial products and services, including checking accounts, savings accounts, home loans, business loans and credit cards. It has been recognized by the Better Business Bureau (BBB) with an A+ rating, due to its commitment to customer service, efficient operations and record of resolving complaints fairly.
8. Hantz Group
Hantz Group is family-owned and operated with over 50 years of experience in mortgage banking. It provides full-service mortgage banks for home buyers, as well as financing options for commercial properties.
The Hantz Group offers a variety of loan programs to help customers finance their homes. These include fixed rate mortgages, adjustable rate mortgages (ARMs), FHA loans, VA loans, USDA rural development loans and more.
In addition to these loan programs, Hantz Group also offers financing options for investors looking to purchase commercial properties such as multi-family units or office buildings in Michigan or other states nationwide.
9. Gateway Financial Solutions
Gateway Financial Solutions is a financial services company that offers a wide range of financial products and services. They provide financial services to individuals, small businesses and corporations.
Based in Detroit, Michigan, Gateway Financial Solutions works with clients nationwide. The company was created by the founders of successful online lending platform Kabbage Inc., which funds small businesses through its online platform.
Gateway Financial Solutions is a member of the Better Business Bureau, and they have an A+ rating. They are accredited by the Consumer Finance Association (CFA), which means they meet all of their standards for fair lending practices. They also adhere to the CFA Code of Ethics.
10. Multi-bank securities
Multi-bank Securities is a financial services company that provides investment banking advisory and financial advisory services to public companies, private companies and middle market companies.
Multi-bank Securities is based in Detroit, Michigan.
Multi-Bank Securities was founded in 1999 by James W. Foos, Jr., who is also its Chairman and CEO today.
It has been recognized as one of the best places to work by various publications, including Black Enterprise Magazine, DiversityBusiness.com (formerly Black Enterprise Magazine), Fortune Magazine’s Ellevate Network’s Top 100 Companies for Minorities and Women, and the list of women for the women of the Ellevate Network
Conclusion
Crowdsourcing and crowdfunding are two of Michigan’s fastest growing industries, with potential for growth to come. Crowdfunding allows entrepreneurs to use their own connections to raise money for a new business or idea, while crowdsourcing can be used by companies looking for new talent or ways to improve their product or service. If you’re looking for a green and sustainable investment opportunity, take a look at our roundup of the 10 crowdsourcing and crowdfunding platforms in Michigan [2023].