budding tree over a calm flowing river in Wood County, Wisconsin

LARAMIE, Wyoming, October 17, 2016. The Local Crowd (https://www.thelocalcrowd.com), a locally-focused crowdfunding platform, has selected three rural communities to serve as Demonstration Sites for a USDA funded research project.

The Local Crowd’s platform offers features and educational programs designed to help rural communities activate entrepreneurial ecosystems and spur local investment. The two-year USDA Small Business Innovation Research grant will support the launch of up to 30 Demonstration Sites, with the ultimate goal of commercializing a new tool that provides better access to capital for businesses and organizations across rural America.

The three communities selected to be Demonstration Sites are Butte, Montana; Lower Valley Hispanic Chamber of Commerce, Harlingen, Texas; and Wood County, Wisconsin. They will join the communities of Bozeman, Montana; Laramie, Wyoming; Golden Hills, Iowa; Goshen, Indiana; Monadnock Region, New Hampshire; Oregon, Illinois; Sauk Valley Region, Illinois; Spoon River, Illinois. and Teton Valley, Idaho.

“We are pleased to have such a strong group of dedicated and visionary communities coming in as our second group of Demonstration Sites,” said Diane Wolverton, Co-Founder and CEO of The Local Crowd. “During the review process, each community team submitted a vision statement about how being a Demonstration site would impact their community. These vision statements capsulized their commitment to stimulate ‘deep collaboration, innovation, local investing, job creation, eco-tourism, youth engagement, and connectivity between businesses and the community.’ We are looking forward to great results from this dynamic and extremely creative team!

oil site with sunset, Wood County, Wisconsin logo and Lower Valley Hispanic Chamber of Commerce logo

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