Petersburg Pilot -

Economic development council promotes crowd funding


Matt Lichtenstein, recent KFSK news director and now full-time troller fisherman, just earned $5000 in crowd funding after the Petersburg Economic Development Council (PEDC) implemented a new program earlier this month.

PEDC partnered with the international non-profit Kiva Zip to offer a micro-financing option for local entrepreneurs and small businesses.

“In our case, PEDC acts as a trustee for Kiva Zip so we’re kind of their on the ground person and we endorse a borrower,” said Liz Cabrera, PEDC director.

Lichtenstein announced his intentions to leave KFSK late last fall in order t...

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