Author: Amy Cortese
Book Site: Locavesting
Locavesting examines how communities and small businesses band together to establish alternative financing in place of reluctant banks. The thrust of the book is summed up in the conclusion's first sentence: “What would the world be like if we invested 50 percent of our assets within 50 miles of where we live?”
Author Amy Cortese takes us inside the local investing movement, where solutions to some of the nation's most pressing problems are taking shape. The idea is that, by investing in local businesses, rather than faceless conglomerates, investors can earn profits while building healthy, self-reliant communities.
It's difficult to find books that provide financing suggestions tailored to small business. A lot has been written about Wall Street, and yet so much of Main Street has been overlooked in print. This book puts small business front and center and is suited for background education or for learning about financial resources broader than Kiva and Kickstarter.
Twitter ID: @locavesting