Is there anyone who isn’t on Kickstarter these days? The latest bandwagon-jumpers: The New York City Council, which has partnered with the artsy crowdfunding platform to create a landing page that highlights New York City-based projects.
The move is positioned as a way to help business owners in low-income neighborhoods get access to hard-to-find capital, a persistent problem.
Remember when microlending was going to solve everything? Now it’s crowdfunding. Wonder what it’ll be in five years?
Enterprising film students and death trap jellyfish tank builders aren’t the only people who could use a little crowdfunding. Lucky Ant, a neighborhood-based crowdfunding platform, has expanded its reach from the Lower East Side, adding Williamsburg to the repertoire of ‘hoods with local business in need of funding.