AlliedCrowds today released a special report on crowdfunding in partnership with Global Entrepreneurship Week. The report outlines the meteoric rise of crowdfunding in the aftermath of the 2008 recession when venture capital and other forms of funding plummeted.
“Working together and enabling cross fertilization of ideas and resources, the finance industry can evolve to serve the changing needs of entrepreneurs, and spur a new leap in global economic prosperity,” said Shareq Husain, head of strategy and innovation at AlliedCrowds.
Crowdfunding for Entrepreneurship includes a look at industry leaders like Indiegogo and Kickstarter and interviews with:
- Martin Tschopp, CEO of Kiva, on a new model of social underwriting independent of the FICO score
- Sam Hodges, managing director of Funding Circle, on the advantages that marketplace lending has over balance sheet lenders;
- Rose Spinelli, founder of TheCrowdFundamentals, on practical advice for entrepreneurs starting their own campaigns; and,
- Philip Bahoshy, founder of MAGNiTT, on financing entrepreneurs in the Middle East and North Africa.
The report begins with a foreword from Jonathan Ortmans, president of the Global Entrepreneurship Network and founder of Global Entrepreneurship Week.
“While startup-focused policymaking is a new concept for even the most entrepreneurial economies, government decision makers are beginning to make progress as more and more countries choose to bring this form of early stage financing to the regulated world,” said Ortmans.
Crowdfunding for Entrepreneurship is one of the highlights of GEW Investors, an opportunity for early stage investors to build and strengthen their entrepreneurial ecosystems through Global Entrepreneurship Week—helping to enhance connections with startup communities and policymakers alike.
AlliedCrowds is a UK-based startup dedicated to expanding capital for entrepreneurs and ventures in developing economies through crowdfunding.
