The importance of bringing new capital-raising tools to these small businesses comes into focus when you understand the size and scope of the gap and the opportunity. The US Census data compiled by Economic Innovation Group in “The New Map of Growth and Recovery” report indicates that only 20 counties (mostly urban coastal tech centers) in the US have experienced significant new business formation since 2008, leaving swaths of cities and towns in flyover states without the critical economic engines to support the livelihoods of their communities.
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By: Kathleen Minogue, Crowdfund Insider
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