Local Investment Sentiment Survey
Answers marked with a * are required.
1. Why fill this out?
  The Washtenaw County Office of Community and Economic Development (OCED) has established an economic development work group for the purposes of identifying creative opportunities for growing our local economy and utilizing community capital in the process.

As partners in this research endeavor the team at Reconsider would like to determine the opportunity for the local investment movement to take deep roots in Washtenaw County. We have developed this short survey to gather information about what residents currently think about investing in locally rooted privately owned companies.

** We are primarily surveying investors who live in and around Washtenaw County. For the purposes of this survey, 'local' is defined as businesses up to 15 miles outside of the Washtenaw County border as well as those whose headquarters are within the county line.

Thank you for taking the time to participate!

(This survey is anonymous unless you choose to provide contact information. It should take approximately 10 minutes to complete.)
 
1. Are you currently engaged in local investing?  (This excludes your own primary businesses.  Investments are defined as loans, equity, and royalty deals.  'Local' is defined as businesses whose headquarters are within 15 miles of the Washtenaw County border or who reside within the County.) *
      
 
 
 
2. On a scale of 0 to 10 with 10 being very interested and 0 being not interested at all, how interested are you in investing locally?
 
 
 
3. If you currently hold local investments, what is the approximate value of your local investment portfolio?
      
 
 
 
4. If you currently hold local investments, which of the following channels did you use to invest?
       		 
 
 
5. Have you ever contributed to a crowdfunding campaign? (platforms currently only allow for donations or pre-selling)
      
 
 
 
6. The JOBS Act passed in April 2012.  The act allows for businesses to solicit the general public for equity investment capital through a crowdfunding platform; this will be the first time in nearly 80 years that businesses will be able to solicit the general public for capital.  Once the SEC has issued the rules (end of 2013/beginning of 2014), how likely are you to invest in a company through a crowdfunding website?
      
 
 
 
7. If you are currently investing locally or you plan to in the near future, what business sectors would you be most interested in placing your capital? (check all that apply)
       		 
 
 
8. Listed below are benefits commonly associated with investing locally.  What is the number one reason you might be motivated to invest locally?
      
 
 
 
9. How much would you likely invest over the next 12 months in local privately owned businesses if you felt confident about your ability to get your money back?
      
 
 
 
10. If you have never invested in local privately owned businesses or if you have concerns about local investing, what are your primary concerns.  (check all that apply)
       		 
 
 
11. What would you need to know or have in order to be comfortable investing locally? (check all that apply)
       		 
 
 
12. Have you ever used or do you currently use a self-directed IRA custodian for your private or alternative investment holdings? If so, which one? *
      
 
 
 
13. Where do you primarily bank?
 
 
 
14. Would you like your banker or your financial advisor to offer local investment products?
      
 
 
 
15. In what county do you live? *
      
 
 
 
16. What is your gender? *
      
 
 
 
17. What is your age? *
      
 
 
 
18. What is your approximate household income? *
      
 
 
 
19. What is your approximate net worth, excluding your primary residence? *
      
 
 
 
20. Thank you for taking the time to fill out this survey.  May we contact you with additional questions? *
      
 
 
 
 
 

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