The tie-up will set up a page to help raise needed funding for projects that will spur development in communities that need it most.<\/p>\n
Our second strategy will empower people to invest in neighborhoods with high unemployment. These days communities don\u2019t just exist in a physical place \u2013 they also exist online.
\nThere\u2019s a Lower East Side tech startup called Kickstarter that uses the energy and potential of online communities to bring investment to real-world neighborhoods. Here\u2019s how it works: someone with an idea for a community project or a business venture posts a proposal on the Kickstarter website. People pledge money, and in return they get a reward. We\u2019re going to work with Kickstarter and Council Member Al Vann to help people raise money for creative businesses and projects in neighborhoods with high unemployment. Every month the City Council will highlight a new set of people working to transform their communities.
\nLike a group in Brownsville that wanted to start an urban farm on an abandoned lot, and teach kids about healthy food. Kickstarter helped them raise $25,000, and investors got invited to harvest some veggies, or name one of the chickens. And who wouldn\u2019t love to name a chicken? A couple of entrepreneurs are looking to start a new restaurant in Clinton Hill. They\u2019ve already raised $1,400, and if they hit $10,000 by the end of the month, they\u2019ll be creating dozens of jobs.
\nLocal residents will have the chance to contribute to projects they want to see in their neighborhood. And people all over the city \u2013 and all over the world \u2013 will be able to support New Yorkers who are making a difference and giving our economy a boost.<\/p>\n","protected":false},"excerpt":{"rendered":"
The tie-up will set up a page to help raise needed funding for projects that will spur development in communities that need it most.<\/p>\n
Our second strategy will empower people to invest in neighborhoods with high unemployment. These days communities don\u2019t just exist in a physical place \u2013 they also exist online.
\nThere\u2019s a Lower East Side tech startup called Kickstarter that uses the energy and potential of online communities to bring investment to real-world neighborhoods.<\/p>\n
…<\/p>\n