Reading Guide  /  Small Business

Locavesting

Community Entrepreneurship and Local Economic Development

Locavesting

Amy Cortese

The VMT Review — Small Business library

Cortese examines community-based investment and the movement to direct more local capital toward local businesses. Some laws, platforms, and programs have changed since publication, but the larger discussion of the gap between local savings and local business financing remains relevant.

What the reader will learn

Mentors gain perspective on community-development financial institutions, local investment networks, crowdfunding, cooperatives, and other mechanisms that may supplement conventional banking and venture financing.