Land betterment seeking investment through crowdfunding
FISHERS, Ind. (Inside INdiana Business) — Fishers-based Land Betterment Corp. has launched an equity crowdfunding campaign. The company, which is currently redeveloping the former Landree Mine in Greene County, says the campaign gives individuals the opportunity to invest in its mission to create sustainable community development and jobs.
The campaign is being conducted on Fundopolis.com with a minimum goal of $25,000 and a maximum goal of just over $1 million.
“Offering our initial growth capital raise to ‘Main Street’ through a crowdfunding platform such as Fundopolis, holds true to what Land Betterment is all about,” stated Mark Jensen, executive chairman of Land Betterment. “Being a community-based company, it is important for us to create this initial opportunity to take ownership in creating change in areas in need of real solutions due to the decline of thermal coal. We are honored to stand side-by-side with those who share our passion and vision of efficiently advancing improvements to the environment and local communities.”
Land Betterment says its life-cycle program is used to rehabilitate the environment of former, unreclaimed and neglected coal mining sites throughout the central Applalachia and southern Indiana regions and transform them into sustainable businesses “that serve the local community and a displaced, skilled labor force.”
The Greene County project is transforming the mine in Jasonville into a “farm-to-bottle” craft distillery known as COAL Craft Spirits. The company says, when complete, the project will create dozens of jobs, many of which will be filled by former coal miners.
Land Betterment says all capital raised through the crowdfunding campaign, combined with federal, state and local government programs, will support its two main corporate pillars: its Environmental Solutions and Sustainable Development divisions.
You can learn more about the crowdfunding campaign by clicking here.