Kindred crowdfunding spirits right here in Chicagoland
I subscribe to Google Alerts for the terms crowdfund, crowdfunded, and crowdfunding, among other things. The other morning when I awoke I was alerted to an article on crowdfunding from the Sydney Morning Herald.
I checked it out, and noticed a few familiar names on the crowdfunding scene: Sellaband and MyFootballClub. But there were two other companies that I had never heard of: Catwalk Genius and BeerBankRoll. After poking around a bit, it appears that Catwalk Genius plans to use crowdfunding to sponsor fashion designers. A noble cause, but I didn’t learn much more since their website is not currently functional.
The other company, BeerBankRoll is much further developed, and aspires to be a crowdfunded brewery. They have received a fair amount of press around the web, and appear to be steadily signing up people who believe in the idea. As I lurked around the nether regions of the site, I noticed that they are actually located in a suburb of Chicago!
It’s rare to find crowdfunding companies, but even more rare to find one in your own back yard. It was encouraging for me to see that crowdfunding is starting to proliferate in the United States. Hopefully we can catch up to our UK/European brethren soon. I feel like the biggest challenge is education on the concept. Once people grasp the premise they start to feel comfortable with participating.
