Blog‎ > ‎

Crowdfunding Leaps Forward Beyond Hype To Solve Big-World Problems

posted Jul 12, 2014, 9:41 PM by Siamak Ebarhimi

Much of the hype around crowdfunding has frustratingly proved to be so much hot air. The United Nations Global Compact and the U.S. State Department are working to change that by bringing crowdfunding forward to finance projects in the developing world, especially projects designed to address the social problems endemic there.
crowdfunding marketing

U.S.-based crowdfunding site Gate Global Impact is partnering with the UN Global Compact to launchGateway 2.0, a site that will allow members of the UN Global Compact’s Social Enterprise Hub to access capital of from
$500,000 to $10 million.crowdfunding advertising

Rosedel Davies-Adewebi, project manager for social enterprise and impact investing at the UN Global Compact, explained that through this innovative partnership the UN Global Compact hopes to advance this form of equity crowdfunding as a new approach to impact investing, addressing gaps in the missing middle of finance and connect capital to impactful businesses addressing critical areas related to the UN-Post 2015 agenda.indiegogo marketing

Similarly, the U.S. State Department will soon launch a partnership with the crowdfunding site RocketHub to accelerate social impact projects from 60 countries around the world.

On Thursday, July 10, 2014 at 1:00 Eastern, Davies-Adewebi, Vincent Molinari, CEO of Gate Global Impact, and Daniella Foster, the director of public-private partnerships for the U.S. State Department, will join me to talk about the potential for crowdfunding to play a critical role in international development and the eradication of poverty. Tune in here then to watch the interview.kickstarter marketing

YouTube Video

Molinari will be speaking at the Social Enterprise and Crowdfunding Conference, which I a organizing, on September 26, 2014 at Snowbird.

More about the UN Global Compact:

The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. Endorsed by chief executives, the Global Compact is a practical framework for the development, implementation, and disclosure of sustainability policies and practices, offering participants a wide spectrum of workstreams, management tools and resources — all designed to help advance sustainable business models and markets.CrowdFunding advertizing

To further promote the advancement of sustainable business models, the UN Global Compact has launched a workstream focused on the concepts of Social Enterprise and Impact investing. The aim of the workstream is to build an enabling environment for corporations within the Global Compact, investors and social enterprises that will facilitate the formation of partnerships designed to advance innovations addressing development challenges.CrowdFunding marketing

Posted from:

By David Khorram