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Articles

Crowdfunding and Global Challenges

Crowdfunding and Global Challenges

I recently published a report with Mary Milner addressing how crowdfunding models can be used to address global challenges across multi-national networks. What is fascinating is how rapidly the nature of conversations about crowdfunding is changing among top policy makers, corporate leaders and foundations.At a recent international forum, this paper was discussed with global leaders, including the World Economic Forum, and crowdfunding is seen as a significant opportunity for increasing access to capital. In the US we talk about how the promise – not yet met – of crowdfunding is the democratization of access to capital for entrepreneurs. Globally, crowdfunding is seen as a mechanism for providing access to capital for a massive amount of the world’s population that remains outside oftraditional banking and finance systems.

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