An artist's rendering of the new crowdfunded bike lane expected to open in Denver this year.
Your friends ask you to fund their marathon training, their home renovations, even their potato salad. Why not crowdfund something you'd actually use, such as a bike path or a public park?
That's what a growing number of startups are helping people do, as communities with a goal look for sources of financing outside the municipal bond market.
"More and more, people are seeing this as a great alternative avenue ... to going through your tax dollars or local public servant," says Slava Rubin, the chief executive officer of Indiegogo, a crowdfunding platform. Rubin says he started seeing public works projects on the site in 2011, with campaigns funding such small-scale infrastructure projects as a $1,000 dog park in Chicago, and that he expects interest only to increase.
Our signature annual event—Columbus’ original city-wide ride since 2008—highlights our city’s unique and evolving center-ring neighborhoods. Bike the Cbus is a casual bicycle tour welcoming cyclists of all ages and abilities with 4 short routes totaling 30 miles and stops hosted by local organizations who provide snacks and entertainment. Check out 7 years of cycling in these delightful photo albums!
With a 3-fold increase in participation to approximately 600 riders in 2013 and 2014, plus a newly expanded finish line after party with free food for riders and a beer garden, Bike the Cbus has undergone as many changes as the neighborhoods we explore. This year, another exciting change comes in the form of a new metric century we’re calling “Bike the Cbus+”. Speedier distance riders will appreciate this unique urban route.