Equity 'Crowdfunding' Platform, RelayFund, Launched by Michigan InvestorsA group of venture capitalists, entrepreneurs and investment bankers has launched RelayFund Inc., the first equity-based 'crowdfunding' Web site started in Michigan and one of the first in the nation that will link small investors with startup operators under the provisions of the new federal JOBS (Jumpstart Our Business Startups) Act.

More From CBS Detroit

Best Cooking Classes In DetroitLearn how to whip up some wonderful dishes while having fun!
5 Bucket List Items To Cross Off In DetroitThe “must-do” items for anyone making a trip to Detroit.
Best Spots For A Quick Lunch In Downtown DetroitThese places will get you in and out.

Watch & Listen LIVE