By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Crowdfunding American Veterans – A Brilliant Idea
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > eHealth > Social Media > Crowdfunding American Veterans – A Brilliant Idea
Social Media

Crowdfunding American Veterans – A Brilliant Idea

psalber
psalber
Share
3 Min Read
SHARE

 

 

So, I was chatting with David Marlett, JD, CPA, Founder and Executive Director of the National CrowdFunding Association and he told me about CAV – Crowdfunding American Veterans, an initiative of the Association.  The idea is to bring crowdfunding to veterans to help them start new businesses or expand their current businesses – a simply brilliant idea.

 

More Read

Two Truths and a Lie about Physicians and Social Media
The Diagnosis Difference: Engaging Individuals with Chronic Health Conditions
Nearly All US Hospitals Use Social Media: Now What?  
Social Media Revolution 2011- Video
Surgery Videos as an Online Medical Marketing Technique

 

So, I was chatting with David Marlett, JD, CPA, Founder and Executive Director of the National CrowdFunding Association and he told me about CAV – Crowdfunding American Veterans, an initiative of the Association.  The idea is to bring crowdfunding to veterans to help them start new businesses or expand their current businesses – a simply brilliant idea.

For those who don’t yet know what crowdfunding is here is a brief explanation. Crowdfunding is a way of encouraging lots of people to fund projects, businesses, or ideas that they like.  There are four types of crowdfunding:

  • Reward-based
  • Donation-based
  • Loan-based
  • Equity-based

In reward-based crowdfunding, small rewards are offered in return for pledging a certain amount of money.  For example, you will get a signed CD from the musician if you give him $25 to help cover the costs of making it.  Kickstarter and IndieGoGo are examples of reward-based crowdfunding sites.  Donation-based crowdfunding usually involves non-profits who appeal to donors interested in supporting their cause.  In loan-based crowdfunding you loan the money to the entrepreneur with the expectation of being paid back – with or without interest.  Kiva is an example of a loan-based crowdfunding organizatio.  They raise money for microloans to entrepreneurs primarily in the developing world.  Equity-based crowdfunding means you can receive a bit of equity in exchange for your contribution.  Seedr in the UK is an example of this type of crowdfunding.  In the US currently it is only possible to crowdfund for equity with accredited investors.  The JOBS Act expands crowdfunding to non-accredited investors, but it will only be possible to offer this type of crowdfunding after the SEC publishes regulations to govern the activity.

 

Going back to CAV, the initiative was born from the NLCFA’s involvement in the Clinton Global Initiative – America.  It is still in development, but I think it promises to be a terrific resource for veterans returning from service and looking to start or grow a business.  Below is a quick video introducing the idea:

TAGGED:crowd-funding
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

On “Empowering Patients in the Age of Genomic Medicine”

June 4, 2012
branding in healthcare
BusinessMarketingSocial Media

Should Healthcare Care About Branding?

August 3, 2018
Image
Social Media

Discovering the Value of Twitter at HIMSS 2013

March 13, 2013
Image
Social Media

Pharma and Pinterest – The Good, The Bad, And The Bland.

January 15, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?