You may or may not have heard Jim Koch and his ads for Sam Adams and Brewing the American Dream.
Jim started Samuel Adams Brewing Co. with a little help from his friends, and now he wants to help US food and beverage entrepreneurs with loans of up to $25,000.
You can learn more at http://www.samueladams.com/btad/how-it-works.aspx.
The new craze in business funding is microlending and crowdfunding. There are dozens of opportunities to obtain small loans or equity investments a few dollars at a time.
One such website is peerbackers.com. You can submit a project or a business idea and pitch your network and site visitors for up to $25,000 in total funding.
The site’s founders recommend you ask for $25 or $50 at a time and offer small rewards to your backers. A cap. A t-shirt. Free services.
The idea is that people like to help other people and feel like they’re part of something bigger than themselves. After all, what’s better than helping someone fulfill a lifelong dream?
Check out peerbackers.com an do a Google search for other crowdfunding resources.