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ChangeFunder: find out more about this crowdfunding site just for the NW. Read More ›

News & Highlights


Marco Vangelisti at Hatch in Portland

April 30

How can the stock market reach new record highs when the economy is still sputtering and the middle class is fading away? What role do our investments play in shaping our world? We will look at how the current financial system has been transformed into a self-perpetuating pool of capital growing through trading activities which are progressively divorced from productive economic activities. We will talk about the importance of divesting form the old economy and the emergence of four powerful trends that will transform the world of investing. We will look at ways communities at the forefront of this transformation are democratizing and relocalizing investments and building a world that is more equitable and sustainable.

› Read More

ChangeFunder launches with the Lostine Tavern

March 2014

ChangeFunder, a new crowdfunding site just for Oregon and Washington, launched this month offering a local focus, low fees, and a place for enterprises with the mission of creating better communities to receive donations.

Changefunder logo

The first campaign is the Lostine Tavern - an historical tavern in NE Oregon, which is being transformed into a farm-to-table tavern, and will revitalize the economy of this rural area. Follow the link to find out more.

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Author Amy Cortese

An Evening with Amy Cortese - La Grande, OR

Tuesday, February 4 2014

One of two evenings that the NE Oregon Community Capital Collaborative is hosting with journalist Amy Cortese, author of Locavesting: The Revolution in Local Investing and How to Profit From It.

Tuesday, February 4, 5:30 to 8:30 p.m.: Bangkok East Banquet Room, 1114 Adams Avenue, La Grande

Cortese and Collaborative partner Amy Pearl of Springboard Innovation will meet with citizens and community leaders interested in new tools being developed to connect Northeast Oregon businesses with local investors.  The program will include networking, a formal presentation and follow-up discussion.

› Read More
Author Amy Cortese

An Evening with Amy Cortese - Joseph, OR

Monday, February 3 2014

One of two evenings that the NE Oregon Community Capital Collaborative is hosting with journalist Amy Cortese, author of Locavesting: The Revolution in Local Investing and How to Profit From It.

Monday, February 3, 5:30 to 8:30 p.m.: Josephy Center for Arts and Culture, 403 N. Main Street, Joseph

Cortese and Collaborative partner Amy Pearl of Springboard Innovation will meet with citizens and community leaders interested in new tools being developed to connect Northeast Oregon businesses with local investors.  The program will include networking, a formal presentation and follow-up discussion.

› Read More
small farms conference

Financing Your Farm - Oregon Small Farms Conference 2014

Saturday, February 22, 2014

Are you looking to purchase land or finance improvements for your existing farm? If so, come learn about traditional and creative options for financing your farm operation. Panelists will cover traditional bank lending, Farm Service Agency down payment assistance and other programs, the state's new Beginning Farmer and Rancher Loan Program - “Aggie Bonds”, and innovative ways people and communities are investing in local farms.  Jared Gardner, Friends of Family Farms Consultant; Loren Roth, Citizens Bank; Scott Nieman, Farm Loan Manager, Farm Service Agency; Amy Pearl, Springboard Innovation and Slow Money NW

› Read More

Hatch Grand Opening

Thursday, January 30th

Celebrate with us as Hatch, Portland's new community innovation lab, officially opens for business! Community members, social entrepreneurs, investors, professionals, volunteers, and nonprofits are co-creating a community of change, and you’re invited. Program and tenant showcases set the stage for 2014 impact. Hatch is located at 2420 NE Sandy Blvd.

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Michael Shuman

A Community Capital Roundtable

Thursday, November 14th

2420 NE Sandy Blvd. | 4:00 p.m. – 8:00 p.m.
Tickets $35.00 on Brown Paper Tickets | $40.00 at the door 

This Roundtable is for community leaders interested in tools & strategies for community & economic development. Learn how we can better connect the dots between community-minded investors, the capital needs of local and social enterprises, and statewide and regional economic development networks. Come ready to take the lead in your organization and join our regional working group to implement community capital in Oregon and Washington.



Introduction to Community Capital

Monday, November 18 Baker City

The Northeast Oregon Economic Development District and their collaborative partners are hosting an Introduction to Community Capital on Monday, November 18, from 5:30-8:30 p.m. at the Bull Ridge Brewpub in Baker City.

Michael Shuman, economist and author of Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity and The Small-Mart Revolution, will be the keynote speaker.


Anyone who is interested in learning about financial tools that have been used successfully in other communities, and who wants to connect community-minded investors to local businesses, should attend.

The event will also include:

·         An introduction to the tools that are being developed to connect Northeast Oregon businesses with investors

·         An introduction to ChangeXchangenw.org, an online platform to learn about community capital and investing opportunities

·         Opportunities to get answers to your questions and time for discussion

There is a $5 suggested donation for the event. Light snacks will be available; dinner and beverages can be purchased from the brewpub. To RSVP or for more information, please contact Lisa Dawson at lisadawson@neoedd.org, 541-426-3598 or 800-645-9454.

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An Update on ChangeXchange

ChangeXchange Northwest (CXCNW) is Springboard Innovation’s suite of resources focused on local investing in the Northwest. While we have been very busy with Hatch, there is plenty of exciting news in the world of local investing.

ChangeXChange Northwest now has nodes– locations which use the CXCNW platform for their local investing news, event postings, and investment opportunities. They can also receive help from Springboard in the form of workshops and training. The first and most active of these nodes is the Northeast Oregon Economic Development District (NEOEDD), which consists of three rural counties that, instead of competing, are working together for their local economy. Training sessions have generated great interest and are receiving a lot of positive feedback – we can’t wait to see the results as the residents find new ways to keep their money in local businesses.

In addition to the nodes, CXCNW has information on the many ways of investing locally, including some less well-known mechanisms. Have you ever heard of a direct public offering (DPO)? How about a local impact investing opportunity network (LIION)? And do you know the difference between an accredited and an unaccredited investor? Getting this information out of legalese and into the community is one of CXCNW’s goals.

You’ve probably heard of Kickstarter, but have you heard of ChangeFunder? That’s right, we have our own crowdfunding platform, solely for mission-driven projects in the Northwest. So far we’ve raised over $160,000 to benefit projects as varied as a farm-to-table tavern in Lostine, and an inclusive short film project. We’ve been bolstering the facilities at Hatch as well, and we’re looking forward to seeing more projects pop up as we progress.

Perhaps the most exciting local investing development in Oregon’s recent history is happening right now. Springboard Innovation has brought experts in the fields of small business development, securities law, policy, and investing together to work on a state law change. This law would allow Oregon-based unaccredited investors (i.e. the 99%) to invest small amounts in Oregon businesses, in the form of equity (e.g. shares) or debt (e.g. a loan). Using the intra-state exemption from SEC law, this change would finally allow equity crowdfunding, and let Oregonians invest their money back into their own communities rather than in big banks or the stock market. We’re hoping this can come into effect in early 2015 – keep an eye on changexchangenw.org for more information!

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Hatch is on ChangeFunder!

Much more than a lab, hub, or incubator, Hatch connects social innovators, entrepreneurs, and changemakers within one space and provides the tools and networks they need to test solutions and grow their enterprises. Hatch is a community of people of all ages, cultures, educational and professional backgrounds who shares a deep commitment to a new kind of economy — one that strengthens communities and improves the health of the planet. Click to below to support this important resource for the NW!› Read More

Lostine Tavern Crowdfunding Campaign Launches on ChangeFunder!

On Sunday, March 9, 2014, the Lostine Tavern launched a crowdfunding project to raise capital for rebuilding this community-supported business in the rural town of Lostine located in northeastern Oregon. Click here to go directly to the campaign. It will run until April 14, 2014 in the goal to raise $58,000.

In creating the first farm-to-table tavern in eastern Oregon, the Lostine Tavern's owners, Lynne Curry and Peter Ferré, will work with area farmers, ranchers and growers to offer a menu featuring locally raised meats, grains and produce and other specialty items. As a gathering place for residents and a destination for visitors to the Wallowas—designated as one of the Seven Wonders of Oregon by Travel Oregon—it will revitalize the historic downtown of Lostine, founded in 1884.

Built in 1902 from locally quarried Bowlby stone and located on Oregon State Highway 82, the Lostine Tavern is a local landmark. Originally a pharmacy and doctor's office, it has operated as a tavern since the 1940s. The building's façade is currently undergoing restoration to its turn-of-the-century appearance with a grant from the State Historic Preservation Office.

Co-owners, Lynne Curry, a cookbook author and professional cook, and Peter Ferré, an entrepreneur, will operate the Lostine Tavern. As residents of Wallowa County and founders of the local chapter of Slow Food USA, both are committed to preserving local food traditions and rural life. The crowdfunding project is an invitation to the public to contribute to this community-based project in a socially meaningful way.

For as little as $15, anyone who loves historic places, local foods, rural development and sustainable agriculture can contribute to the restoration of the Lostine Tavern and invest in the local economy. There are many donation levels, and each comes with a package of rewards from pickles to sandwiches, dinners, parties and even the donor's initials branded into the reclaimed wood around the new bar.

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Thriving Communities

Thriving Communities II (Local Economy): Port Townsend from Whidbey Institute on Vimeo.

Members of the community of Port Townsend, WA, share what it is to thrive in a community where its investors empower those who would contribute their time and talents through small business but lack the means. When people put their money into growing a community, what emerges is a picture of synergy: a belief in the rightness and value of what businesses provide in goods and services to the the place they call home, and the deep relationship and sense of belonging their gifts help to strengthen. In the words of Peter Quinn, a place becomes, in essence, "a habitat for business."

› Read More
Author Amy Cortese

Amy Cortese, author of Locavesting, to speak in Northeast Oregon

The NE Oregon Community Capital Collaborative is hosting two evenings with journalist Amy Cortese, author of Locavesting: The Revolution in Local Investing and How to Profit From It.

The events take place: Monday, February 3, 5:30 to 8:30 p.m.: Josephy Center for Arts and Culture, 403 N. Main Street, Joseph Tuesday, February 4, 5:30 to 8:30 p.m.: Bangkok East Banquet Room, 1114 Adams Avenue, La Grande Cortese and Collaborative partner Amy Pearl of Springboard Innovations will meet with citizens and community leaders interested in new tools being developed to connect Northeast Oregon businesses with local investors. The program will include networking, a formal presentation and follow-up discussion.› Read More
Author Amy Cortese

Amy Cortese coming to Hatch on Jan 30

Amy Cortese, journalist and author of 'Locavesting', is coming to the Hatch grand opening celebration on January 30. Recently named as one of the top 30 influential leaders in the crowdfunding industry, she is a passionate advocate for investing in local communities. Come along and meet Amy, along with the entire Hatch team, tenants, members, and others interested in social entrepreneurship and strengthening local communities. The event is also a great chance to look around the space, and check out the different membership options for Hatch.› Read More

GruntWorks Portland Inc. DPO LAUNCHES! First in Oregon in 2013

GruntWorks is a community-owned company dedicated to simplifying home repair for homeowners and supporting local service providers while giving back to the community. That’s what they live by, (it's even in their mission statement). And now, Oregon residents can own a piece of GruntWorks Portland. Yes, YOU. You don't have to be accredited or wealthy, just reside in Oregon. This is public investing at its finest! This kind of investment, called a Direct Public Offering (DPO) truly builds community capital, allowing local citizens to own local companies, bypassing Wall Street in favor of Main Street. It's been legal since the 30s, and is gaining traction across the country. An investment in GruntWorks is an investment in your community with many benefits, including a fixed 5.00% annual return; support for schools and non-profits (a percentage of each job is donated to a local charity); a $50 credit toward any GruntWorks service that you can use right away, and more. By owning a piece of GruntWorks you are helping quality local service providers grow their business and improve their chance to succeed, and capital is retained in the state. › Read More

Credibles Launches Across the US

"If you eat, you're an investor." The clever-and-true slogan for the new site for edible credits, or "Credibles." Credibles is an innovative prepaid crowdfunding program by Slow Money that supports the growth of local food businesses.› Read More

SALEM | B Corp-The Real Deal for Oregon

Oregon has now officially adopted Benefit Corporation law as of this morning! Come January 1, 2014 entrepreneurs can legally launch B Corps. The official signing ceremony of the Benefit Company Bill, HB 2296 was June 18th at 9:30 A.M. The Governor, leaders of the Oregon Be the Change Steering Committee, members of the Certified B Corp community, and sponsors Representative Jules Bailey and Representative Tobias Read were a part of this historic event at the Oregon State Capitol. › Read More

Amy Cortese | Locavesting

Noted New York Times journalist, author, "Locavesting: The Revolution in Local Investing."

"Consumer goods of all kinds are the retail equivalents of the global financial system, characterized by long, complex and opaque supply chains that are hard for companies, much less consumers, to keep track of. Meanwhile, a new generation of socially-minded companies is showing the way to improving transparency and locally made.

› Read the full post here...

Michael Shuman | Small-Mart Revolution

National expert on local economy, and author of seven books.

Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks and investment firms. As a result there is a growing number of Americans who would like to remove their hard-earned retirement savings from high financial fliers altogether and invest their nest eggs in their community.

› Read the full post here...

Jenny Kassan | Cutting Edge Capital

Attorney who helps social ventures raise capital and develop tools for a value-driven economy.

Why seek capital from your neighbors instead of a venture capitalist? Jenny talks about why it's better to retain control of your enterprise by using local public equity. What are the benefits to community capital?

› Read the full post here...

Community Capital Activity

Our map is growing! Public, private, and crowdgiving offerings are popping up from all over the Northwest. Read stories and locate events. Discover where community groups are meeting to grow community capital. Click on a NODE icon to explore what’s happening there. More to come!

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