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Description

Aging business owners, declining markets because of population declines, and slow local economies have threatened essential businesses in many small rural communities. In response, local groups have organized efforts in which residents pool their funds to purchase or reinvigorate a threatened business that adds significantly to quality of life. These Community Supported Enterprises have grown in popularity with the advent of Crowd-funding techniques. Norman Walzer, of CGS, describes the results of a national survey of how CSEs are organized, managed, and operated, along with their successes.

Publication Date

12-1-2017

City

DeKalb

Keywords

Illinois, post-recession recovery, community-supported enterprises, municipal viability

Language

eng

Department

Center for Governmental Studies

Publisher

Illinois Municipal Policy Journal

Custom Citation

Walzer, Norman. "Community Supported Enterprises as a Local Investment Strategy". Illinois Municipal Policy Journal, December 2017, Vol. 2, No. 1, 35-48.

Community Supported Enterprises as a Local Investment Strategy

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