Crowdfunding for Community Development Finance -- Neighbor.ly, The Community Investment Platform

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Neighbor.ly is the Community Investment Platform. It combines the strengths of crowdfunding with the latest innovations in community development finance. This presentation was given to a roundtable held at the Federal Reserve Bank Board of Governors on March 24, 2014. More information about that roundtable: http://www.federalreserve.gov/newsevents/conferences/crowdfunding-agenda.htm

Transcript of Crowdfunding for Community Development Finance -- Neighbor.ly, The Community Investment Platform

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HELLO!

CROWDFUNDING FOR COMMUNITY DEVELOPMENT FINANCE FEDERAL RESERVE BOARD OF GOVERNORS ‒ 24 Mar 2014

@luminopolis

Jase Wilson // CEO

@neighborly

www.neighbor.ly

COMMUNITY INVESTMENT PLATFORM

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WHAT’S CROWDFUNDING?

CROWDFUNDING IS

...PASSING THE HAT AROUND

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CROWDFUNDING COMES IN 3 “FLAVORS”

PERKS DEBT EQUITY

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CROWDFUNDING COMES IN 3 “FLAVORS”

PERKS DEBT EQUITY

“INVESTMENT”

{“DONATION”

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NOT A NEW IDEA

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NOT A NEW IDEA

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NOT A NEW IDEA

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NOT A NEW IDEA

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NOT A NEW IDEA

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$$$

CROWDFUNDING IS WAY MORE THAN $$$!

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$$$

PROJECT AWARENESSINNOVATION SUPPORTSTAKEHOLDER BUY-INCAPACITY BUILDING

CROWDFUNDING IS WAY MORE THAN $$$!

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PROBLEM

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TOO HARD TO INVEST IN COMMUNITIES

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PROBLEM

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PROBLEM

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PROBLEM

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PROBLEM

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PROBLEM

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PROBLEM

“Peter Coffin, a municipal bond manager for wealthy individuals said it is about time the muni market got an overhaul.”

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PROBLEM

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EQUITY V. MUNIS

$40Bn

2012 IPOS

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EQUITY V. MUNIS

$40Bn

2012 IPOS

$400Bn2012 MUNI ISSUANCES

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EQUITY V. MUNIS

$40Bn

2012 IPOS

$400Bn2012 MUNI ISSUANCES

$12Bn

COST

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SOLUTION

!

COMMUNITIES !

CREATE JOBS

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INVESTORS !

EARN $$$ & PERKS

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PROJECTS !

GET MONEY

Win !!

CITIZENS !

GET NEW AMENITIES

COMMUNITY INVESTMENT PLATFORM

Win ! Win ! Win !

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SOLUTIONSOLUTION

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SOLUTION

CHALLENGE MATCHES

PILOT

CROWDFUNDINGTAX CREDITS

“BRICK” CAMPAIGNS

NAMING RIGHTS

BONDS

WHAT IF WE MATCH…

WITHIN A MATCH?

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SOLUTIONSOLUTION - CHALLENGE MATCHES?

CROWD

$1

BANKS / CRA

$5x

GOVERNMENT

$25x

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SOLUTIONSOLUTION

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NEIGHBOR.LY !

TO DATE, WE’VE HELPED RAISE $1.45M

FOR 30 PROJECTS IN 24 COMMUNITIES

FROM 2,300 CONTRIBUTORS THROUGH PERKS CROWDFUNDING ALONE

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WE HAVE AWESOME PARTNERS

CivicAccelerator

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AND SOME GREAT MENTIONS

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WE TALK A LOT

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YES WE’RE OPEN

Open CompanyOpen DataOpen Sourcegithub.com/neighborly Work in Progress Work in Progress

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THE RIGHT TEAM TO MAKE IT HAPPENPLANNING GEEKS BOND TRADER FUNDRAISER LOCAL GOV CPA ENGINEERS + ADVISORS

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ROADMAPCURRENTLY RAISING SEED ROUND TO:

1. MAKE KEY HIRES 2. DEVELOP FULL PLATFORM 3. SETUP BROKER DEALER 4. SECURE PARTNERSHIPS / CHANNELS

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3 YEAR IMPACT GOAL

HELP 1,000 COMMUNITIES FUND 10,000 PROJECTS BY HELPING RAISE $1Bn+

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!

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THANK YOU !

!

howdy@neighbor.ly