City using Kickstarter to fund local businesses

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Have you ever helped fund a project on Kickstarter, whether it’s a buck or a hundred? This crowdfunding platform started in 2009 has successfully backed 39,000 projects with the help from almost 4 million people. And now, the City of Chicago has plans to use Kickstarter to help fund small businesses in the city. Eric Olson, civic entrepreneur guru and economist at World Business Chicago, explains to Turi how the project works through a curated Kickstarter page, chats about a current project such as the Tamale Spaceship restaurant plan, and how this collaboration helps boost the Chicago economy and job scene.