On Monday, May 6th, LION (Local Investing Opportunity Network) will hold a public meeting at Finnriver Cidery from 4:30-6:30pm. The meeting is open to current and potential members, as well as businesses that might be interested in funding.
The meeting will include presentations from three groups that have received LION member funding: Quillbilly’s, Sail Port Townsend, and the new owners of Community Build’s first Tiny House on Wheels.
Since its beginning in 2008, LION members have invested over 12.8 million dollars in 112 East Jefferson County businesses, individuals, and non-profits. LION members have helped fund everything from Aldrich’s market to Sunrise Coffee, The Rose Theater, Katfish Salmon, Tipsy Gypsy, Camp N Car, and Olfactory House, among many others. Most recently, LION members have begun funding affordable housing options.
LION is not an investment club. Each member makes their own choices of which opportunities they are interested in, and then works directly with that business. For members, it is a chance to see the impact of a local investment. For businesses, it is a chance to get both funding and a personal relationship with their lender.
The impact of even a small loan can be huge. Steve Moore, Managing Director of Camp N Car notes: “From purchasing our own CNC machine to expanding the size of our shop, LION had provided the kind of support that we could have never gotten from a bank in our early days.” Christa Ligtenberg, co-owner of Aldrich’s, adds “to be supported by LION made us feel as if we were truly doing the right thing…and we’ve developed friendships along the way.”
For more information, go to: https://www.jeffersonlion.net/
