Summary: <p>COMMUNITY FUNDED DEVELOPMENT: First there was Kickstarter, a crowdfunding company that raises money for new projects by asking individuals to donate in exchange for a token reward like a t-shirt or a personal thank-you note. Now by jumping through hoops in SEC regulations, entrepreneurs have set up crowdfunding platforms that allow ordinary people to invest online in local business ventures and see actual returns. With new crowdfunding rules on the horizon at the SEC, we look at how community-backed investments might shape development locally and nationwide. (52 min.)</p>
