The Machine Gun Nest, an indoor shooting range in Frederick, Maryland, aims to become the first shooting range successfully financed through crowdfunding, raising $22,000 in the first 24 hours on Indiegogo. This initiative reflects a broader trend in the shooting range industry to leverage crowdfunding and public equity financing to bypass traditional funding methods. While the owners plan to proceed regardless of reaching their $500,000 goal, they hope to inspire other shooting ranges to adopt similar financing models.

1. SHOOTING RANGE HOPES TO BE FIRST
EVER FINANCED BY CROWDFUNDING
By:
Ac'on
Target

2. The
Machine
Gun
Nest
has
the
chance
to
become
the
first
shoo'ng
range
ever
to
be
successfully
financed
through
crowdfunding
and
may
pave
the
way
for
other
ranges
like
it.
With
crowdfunding
expected
to
explode
in
the
next
year
and
with
the
implementa'on
of
public
equity
financing
coming
soon,
the
shoo'ng
range
industry
has
a
unique
opportunity
to
bypass
tradi'onal
financing
op'ons
and
get
direct
support
from
the
shoo'ng
community
itself.
While
there
are
likely
to
be
many
failed
campaigns
along
the
way,
there
will
also
be
those
who
rise
to
the
top
and
pioneer
a
new
business
model
for
shoo'ng
ranges
everywhere.

3. THERE ARE ONLY A FEW TRADITIONAL
WAYS TO RAISE TO FINANCE A NEW
BUSINESS OR PROJECT,
•
You
can
talk
to
local
investors
•
You
can
apply
for
a
small
business
loan
•
You
can
beg
a
rich
uncle

4. CROWDFUNDING TURNED
TRADITIONAL FINANCING ON ITS HEAD.
Crowdfunding
began
when
fans
of
Bri'sh
rock
band
Marillion
collec'vely
financed
one
of
the
bands
tours.
Crowdfunding
began
to
catch
on
with
ar'sts,
filmmakers,
and
inventors
with
a
total
of
$2.7
billion
raised
in
2012
alone.
Crowdfunding
has
now
been
made
relevant
to
small
businesses
and
startups
through
the
passing
of
the
JOBS
Act
which
makes
provision
for
solicita'on
of
equity
financing
from
the
general
public.

5. THE MACHINE GUN NEST IN
FREDERICK MARYLAND IS
NOW USING CROWDFUNDING
TO FINANCE THE BUILDING
OF THEIR INDOOR RANGE.
The
Machine
Gun
Nest
has
seen
ini'al
success
with
$22,000
raised
in
the
first
24
hours
through
Indiegogo.
Owners
Rob Krop and Matthew Jones
plan
to
open
The
Machine
Gun
Nest
regardless
of
whether
they
hit
their
campaign
goal
of
$500,000.

6. THE MACHINE GUN NEST IN
FREDERICK MARYLAND IS
NOW USING CROWDFUNDING
TO FINANCE THE BUILDING
OF THEIR INDOOR RANGE.
Other
shoo'ng
ranges
have
aTempted
to
finance
themselves
through
Indiegogo
in
the
past,
but
only
one
managed
to
raise
more
than
$195
aVer
a
full
60-­‐day
campaign.
The
difference
with
The
Machine
Gun
Nest
campaign,
Krop
says,
is
that
they’re
hing
the
pavement
and
talking
to
people
about
it
in
person
as
well
as
online.

7. Opening
the
range
may
not
be
The
Machine
Gun
Nest’s
biggest
achievement,
however
the
range
has
the
chance
to
become
the
first
shoo'ng
range
ever
to
be
successfully
financed
through
crowdfunding
and
may
pave
the
way
for
other
ranges
like
it.
With
crowdfunding
expected
to
explode
in
the
next
year
and
with
the
implementa'on
of
public
equity
financing
coming
soon,
the
shoo'ng
range
industry
has
a
unique
opportunity
to
bypass
tradi'onal
financing
op'ons
and
get
direct
support
from
the
shoo'ng
community
itself.
While
there
are
likely
to
be
many
failed
campaigns
along
the
way,
there
will
also
be
those
who
rise
to
the
top
and
pioneer
a
new
business
model
for
shoo'ng
ranges
everywhere.

8. Read
more
and
comment
by
visi'ng
www.Ac'onTarget.com
and
click
on
“Ac'on
Target
Journal”
- OR -
Get
there
directly
at
www.Ac'onTarget.com/crowdfunding-­‐and-­‐
shoo'ng-­‐ranges-­‐odd-­‐couple-­‐or-­‐perfect-­‐match