Tecumseh Brewing: The first Michigan business to benefit from the MILE Law
The two-man team at Tecumseh Brewing Company is proud to have been the first to use the Michigan Invests Locally Exemption (MILE), otherwise known as equity crowdfunding. By combining traditional bank financing and crowdfunding, Tecumseh Brewing Company was able to raise $375,000 to open their micro-brewery in Tecumseh.
Want to learn more about crowdfunding in Michigan?
This informative video helps you learn more about the Michigan Invests Locally Exemption. You can also learn more about how Tecumseh Brewing took advantage of the new law to become the first business in Michigan to secure financing in this unique way.