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Move Your Money and Bank Local

By Becky McCray

Graphic of US currency with the text Move Your Money, bank local, invest local

April is traditionally Move Your Money Month in the shop local community. Bank Local and Invest Local are the financial parts of the shop local movement. In 2023, the timing couldn’t be more noticeable. High profile bank failures, lots of talk about other banks in trouble, and a serious debate about the financial system (AGAIN!) […]

March 22, 2023 Filed Under: economic development, finance, rural, shop local, survivors Tagged With: AMIBA, Bank Local, banking, economic development, local investing, Move Your Money, shop local

Need funding for the next step in your business?

By Becky McCray

Kettle corn being sold from a stand in a yard, from a mobile trailer and from a coffee shop

  If you need outside funding to get to the next step in your rural small business, your next step is too big. Before you bet big on your business idea, test it with small steps. Make some sales from your front yard, then try a booth, then a trailer, then think about moving up […]

July 17, 2019 Filed Under: economic development, entrepreneurship, finance, management, rural Tagged With: alternative finance, business finance, entrepreneurship, idea friendly, rural business, Small Town Rules, take small steps

How $5 and a bowl of soup can rebuild your community

By Becky McCray

A list of project pitches: 1. Upper floor tours. 2. Bike rentals. 3. Permanent info booth. 4. Food truck festival. 5. Jazz equipment.

  Have you heard of “soup” events? People pay a small amount, say $5, to attend a local pitch event. Local groups pitch their ideas, everyone votes, and the winner gets the money. The real winner is the community, of course. It boosts activity, gets people talking to each other, builds momentum and rewards people […]

June 3, 2019 Filed Under: community, economic development, entrepreneurship, finance, rural Tagged With: catalyst, Detroit, Enid, events, food for thought, idea friendly, networking, rural, show of hands, soup, Wheeling

US small businesses can get small loans through Kiva

By Becky McCray

A woman holding a chicken in a garden

  You might have heard of Kiva, where a crowd of regular people pool money to make small loans to business people in the developing world. But you probably didn’t know they are making loans to small businesses in the US. In fact, I was surprised to find there has been a representative of Kiva […]

August 27, 2018 Filed Under: economic development, entrepreneurship, finance, rural

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