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# Crowdfund Your Brick & Mortar Record Store Or Club With Local Lift
- URL: https://www.hypebot.com/crowdfund-your-brick-mortar-record-store-or-club-with-local-list/
- Published: 2014-05-30T11:30:00.000Z
- Updated: 2014-05-30T11:30:00.000Z
- Description: Crowdfunding has become a part of the landscape largely through platforms that have legitimized its variations from Kiva's microlending to Kickstarters' rewards-based crowdfunding. With equity crowdfunding still on the way. Continue reading [https://www.hypebot.com/hypebot/2014/05/crowdfund-your-bri
- Author: admin
- Tags: DIY Advice & Tips, Music Business, Music Tech, Startups & Funding, #wp, #wp-post, #Import 2026-01-21 10:38

[![Local-lift-logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a73dce716e970d-250wi "Local-lift-logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a73dce716e970d-popup?ref=hypebot.com)

Crowdfunding has become a part of the landscape largely through platforms that have legitimized its variations from Kiva's microlending to Kickstarters' rewards-based crowdfunding. With equity crowdfunding still on the way in the States and most crowdfunding platforms project rather than business-based, there haven't been many options for crowdfunding a new business rewards-style. Local Lift is a new rewards-based crowdfunding platform for local brick & mortar businesses like record stores and clubs.

[Local Lift](https://www.locallift.com/?ref=hypebot.com) is starting small in Austin and New Orleans but the potential for what they're doing is quite large. Basically they offer rewards-based crowdfunding for small businesses emphasizing local support and opening a mostly new line of funding.

**Austin Drum Company Crowdfunding Campaign**

[How It Works](https://www.locallift.com/how-it-works?ref=hypebot.com): Businesses set a goal and offer rewards, much like a Kickstarter campaign, and supporters pledge and pick rewards. This is not a loan. Businesses get the money and fulfill rewards.

[Fees](https://www.locallift.com/faqs?ref=hypebot.com#faq33) include "approximately 2.9% of funds raised + $0.30 per transaction" for Stripe and Local Lift takes 7% of money raised during the campaign.

Local Lift offers flexible funding rather than all-or-nothing campaigns.

So far successful campaigns have happened in [Austin](https://www.locallift.com/campaigns/Austin?ref=hypebot.com) and [New Orleans](https://www.locallift.com/campaigns/New-Orleans?ref=hypebot.com). It looks like [San Francisco](https://www.locallift.com/campaigns/San-Francisco?ref=hypebot.com) is up next.

One music campaign is now in progress. [Austin Drum Company](https://www.facebook.com/ATXdrums) is [seeking to raise $12,000](https://www.locallift.com/campaigns/Austin/Austin-Drum-Company?ref=hypebot.com).

You can find out more about Austin Drum Company's campaign from the above video and about Local Lift campaigns from their [company blog](http://blog.locallift.com/2014/05/why-every-local-business-owner-should.html?ref=hypebot.com).

**More:**

- [3 New Platforms for Music Crowdfunding: Payola.fm, Crowdtivate, Crowdtilt Open](https://www.hypebot.com/3-new-platforms-for-music-crowdfunding-payolafm-crowdtivate-crowdtilt-open/)
- [Music Businesses Of All Types Now Crowdfunding](https://www.hypebot.com/music-businesses-of-all-types-now-crowdfunding/)

*Hypebot Senior Contributor Clyde Smith ([@fluxresearch](https://twitter.com/fluxresearch?ref=hypebot.com)) is also beta blogging at [DanceLand](http://dance.land/?ref=hypebot.com). To suggest topics about music tech, DIY music biz or music marketing for Hypebot, contact:*

clyde(at)fluxresearch(dot)com

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