Crowdfunding's Potential for the Developing World

Crowdfunding is an Internet-enabled way for businesses or other organizations to raise money in the form of either donations or investments from multiple individuals. This new form of capital formation emerged in the wake of the 2008 financial cris...

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Bibliographic Details
Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
BID
IPO
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/01/18806928/crowdfundings-potential-developing-world
http://hdl.handle.net/10986/17626
id okr-10986-17626
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO BANK
ACCESS TO BANK LOANS
ACCESS TO CAPITAL
ACCESS TO FINANCE
ACCOUNTANT
ACCREDITATION
ALTERNATIVE FUNDING
AMOUNT OF CAPITAL
ANGEL GROUPS
ANGEL INVESTOR
ANGEL INVESTORS
ANTI-MONEY LAUNDERING
ASSET CLASS
BANK LOANS
BANKRUPTCY
BARRIERS TO ENTRY
BID
BIDS
BONDS
BORROWER
BUSINESS ANGEL
BUSINESS ANGELS
BUSINESS DEVELOPMENT
BUSINESS DEVELOPMENT SERVICES
BUSINESS FAILURE
BUSINESS INCUBATION
BUSINESS ORGANIZATIONS
BUSINESS OWNER
BUSINESS PLAN
BUSINESS STARTUPS
CAPACITY BUILDING
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL FUNDS
CAPITAL MARKET
CAPITAL MARKETS
CAPITAL REQUIREMENTS
CAPITAL STRUCTURES
CASH FLOW
CHAMBERS OF COMMERCE
CLEARING HOUSE
COMMON STOCK
COMMUNITY DEVELOPMENT
CONSUMER CONFIDENCE
CREDIBILITY
CREDITORS
CULTURAL NORMS
DEBT
DEBT CAPITAL
DEBT INSTRUMENT
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANKS
DIASPORA INVESTMENT
DIASPORA INVESTMENTS
DIRECT INVESTMENT
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EMERGING ECONOMIES
ENABLING ENVIRONMENT
ENTREPRENEUR
ENTREPRENEURIAL ACTIVITY
ENTREPRENEURIAL FINANCE
ENTREPRENEURIAL VENTURES
ENTREPRENEURS
EQUITY HOLDINGS
EQUITY INSTRUMENTS
EQUITY INVESTMENT
EQUITY INVESTMENTS
EQUITY OFFERING
EQUITY OFFERINGS
EQUITY SECURITY
EQUITY STAKE
EQUITY STAKES
ESCROW
EXPENDITURES
FAMILY FINANCE
FINANCIAL CRISIS
FINANCIAL HEALTH
FINANCIAL INSTRUMENTS
FINANCIAL LITERACY
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL REGULATIONS
FINANCIAL SERVICES
FINANCIAL TOOL
FINANCIAL TOOLS
FIXED RATE
FLOW OF CAPITAL
FLOW OF INFORMATION
FOREIGN CAPITAL
FOREIGN DIRECT INVESTMENT
FRAUD
FRAUD RISK
FUNDING SOURCE
GENDER
GLOBAL ECONOMY
GRAY ECONOMY
GROSS DOMESTIC PRODUCT
HOUSEHOLDS
ILLIQUIDITY
INDIVIDUAL INVESTOR
INDIVIDUAL INVESTORS
INFORMATION SYSTEM
INITIAL PUBLIC OFFERING
INSTITUTIONAL INVESTORS
INTELLECTUAL PROPERTY
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INVENTORY
INVESTING
INVESTMENT ACTIVITY
INVESTMENT ALLOCATIONS
INVESTMENT ALTERNATIVE
INVESTMENT BANKS
INVESTMENT DECISIONS
INVESTMENT OPPORTUNITIES
INVESTMENT RISK
INVESTMENT RISKS
INVESTMENT VEHICLE
INVESTMENT VEHICLES
INVESTOR BASE
INVESTOR EDUCATION
INVESTOR PERSPECTIVE
INVESTOR PROTECTION
INVESTOR PROTECTIONS
INVESTOR RETURNS
IPO
ISLAMIC FINANCE
JOB CREATION
LACK OF CAPITAL
LEARNING OPPORTUNITIES
LEGAL CONSTRAINTS
LENDER
LENDERS
LENDING REQUIREMENTS
LEVEL OF COMMITMENT
LEVEL OF COMMITMENTS
LOAN
LOCAL FINANCIAL INSTITUTIONS
LONG-TERM INVESTMENTS
MARKET ACCEPTANCE
MARKET EFFICIENCIES
MARKET SIZE
MARKET STRUCTURES
MARKET VALUE
MICRO-FINANCE
MICRO-LENDING
MICRO-LOANS
MICROFINANCE
MOBILE PHONE
NET WORTH
NETWORKING OPPORTUNITIES
NEW BUSINESSES
NEW MARKET
ONLINE COMMUNITIES
PERSONAL INCOME
PLEDGES
PORTFOLIO
PORTFOLIOS
POTENTIAL INVESTMENT
POTENTIAL INVESTMENTS
POTENTIAL INVESTORS
PRIVATE CAPITAL
PRIVATE EQUITY
PROFESSIONAL INVESTOR
PROFESSIONAL INVESTORS
PROFITABILITY
PUBLIC POLICY
PURCHASING POWER
PURCHASING POWER PARITY
RATE OF RETURN
REAL ESTATE
REGULATORY FRAMEWORK
REMITTANCE
REMITTANCES
REPAYMENT
RETURN
RETURNS
RETURNS TO INVESTORS
RISK CAPITAL
RISK CONTROLS
RISK OF LOSS
SALE OF SECURITIES
SAVINGS
SECURITIES
SECURITIES LAWS
SECURITIES REGULATIONS
SECURITY INTEREST
SHAREHOLDER
SHAREHOLDERS
SHORT-TERM FINANCING
SHORT-TERM LIQUIDITY
SMALL BUSINESS
SMALL BUSINESSES
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL NETWORK
SOCIAL NETWORKS
START-UP
START-UPS
STOCK EXCHANGES
TAX
TRAINING FOR ENTREPRENEURS
TRANSACTION
TRANSPARENCY
TRANSPARENT SYSTEM
VALUATION
VENTURE CAPITAL
VENTURE CAPITAL FUNDS
VENTURE CAPITALIST
VENTURE CAPITALISTS
VENTURE CREATION
VENTURE INVESTOR
WORKING CAPITAL
spellingShingle ACCESS TO BANK
ACCESS TO BANK LOANS
ACCESS TO CAPITAL
ACCESS TO FINANCE
ACCOUNTANT
ACCREDITATION
ALTERNATIVE FUNDING
AMOUNT OF CAPITAL
ANGEL GROUPS
ANGEL INVESTOR
ANGEL INVESTORS
ANTI-MONEY LAUNDERING
ASSET CLASS
BANK LOANS
BANKRUPTCY
BARRIERS TO ENTRY
BID
BIDS
BONDS
BORROWER
BUSINESS ANGEL
BUSINESS ANGELS
BUSINESS DEVELOPMENT
BUSINESS DEVELOPMENT SERVICES
BUSINESS FAILURE
BUSINESS INCUBATION
BUSINESS ORGANIZATIONS
BUSINESS OWNER
BUSINESS PLAN
BUSINESS STARTUPS
CAPACITY BUILDING
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL FUNDS
CAPITAL MARKET
CAPITAL MARKETS
CAPITAL REQUIREMENTS
CAPITAL STRUCTURES
CASH FLOW
CHAMBERS OF COMMERCE
CLEARING HOUSE
COMMON STOCK
COMMUNITY DEVELOPMENT
CONSUMER CONFIDENCE
CREDIBILITY
CREDITORS
CULTURAL NORMS
DEBT
DEBT CAPITAL
DEBT INSTRUMENT
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANKS
DIASPORA INVESTMENT
DIASPORA INVESTMENTS
DIRECT INVESTMENT
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EMERGING ECONOMIES
ENABLING ENVIRONMENT
ENTREPRENEUR
ENTREPRENEURIAL ACTIVITY
ENTREPRENEURIAL FINANCE
ENTREPRENEURIAL VENTURES
ENTREPRENEURS
EQUITY HOLDINGS
EQUITY INSTRUMENTS
EQUITY INVESTMENT
EQUITY INVESTMENTS
EQUITY OFFERING
EQUITY OFFERINGS
EQUITY SECURITY
EQUITY STAKE
EQUITY STAKES
ESCROW
EXPENDITURES
FAMILY FINANCE
FINANCIAL CRISIS
FINANCIAL HEALTH
FINANCIAL INSTRUMENTS
FINANCIAL LITERACY
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL REGULATIONS
FINANCIAL SERVICES
FINANCIAL TOOL
FINANCIAL TOOLS
FIXED RATE
FLOW OF CAPITAL
FLOW OF INFORMATION
FOREIGN CAPITAL
FOREIGN DIRECT INVESTMENT
FRAUD
FRAUD RISK
FUNDING SOURCE
GENDER
GLOBAL ECONOMY
GRAY ECONOMY
GROSS DOMESTIC PRODUCT
HOUSEHOLDS
ILLIQUIDITY
INDIVIDUAL INVESTOR
INDIVIDUAL INVESTORS
INFORMATION SYSTEM
INITIAL PUBLIC OFFERING
INSTITUTIONAL INVESTORS
INTELLECTUAL PROPERTY
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INVENTORY
INVESTING
INVESTMENT ACTIVITY
INVESTMENT ALLOCATIONS
INVESTMENT ALTERNATIVE
INVESTMENT BANKS
INVESTMENT DECISIONS
INVESTMENT OPPORTUNITIES
INVESTMENT RISK
INVESTMENT RISKS
INVESTMENT VEHICLE
INVESTMENT VEHICLES
INVESTOR BASE
INVESTOR EDUCATION
INVESTOR PERSPECTIVE
INVESTOR PROTECTION
INVESTOR PROTECTIONS
INVESTOR RETURNS
IPO
ISLAMIC FINANCE
JOB CREATION
LACK OF CAPITAL
LEARNING OPPORTUNITIES
LEGAL CONSTRAINTS
LENDER
LENDERS
LENDING REQUIREMENTS
LEVEL OF COMMITMENT
LEVEL OF COMMITMENTS
LOAN
LOCAL FINANCIAL INSTITUTIONS
LONG-TERM INVESTMENTS
MARKET ACCEPTANCE
MARKET EFFICIENCIES
MARKET SIZE
MARKET STRUCTURES
MARKET VALUE
MICRO-FINANCE
MICRO-LENDING
MICRO-LOANS
MICROFINANCE
MOBILE PHONE
NET WORTH
NETWORKING OPPORTUNITIES
NEW BUSINESSES
NEW MARKET
ONLINE COMMUNITIES
PERSONAL INCOME
PLEDGES
PORTFOLIO
PORTFOLIOS
POTENTIAL INVESTMENT
POTENTIAL INVESTMENTS
POTENTIAL INVESTORS
PRIVATE CAPITAL
PRIVATE EQUITY
PROFESSIONAL INVESTOR
PROFESSIONAL INVESTORS
PROFITABILITY
PUBLIC POLICY
PURCHASING POWER
PURCHASING POWER PARITY
RATE OF RETURN
REAL ESTATE
REGULATORY FRAMEWORK
REMITTANCE
REMITTANCES
REPAYMENT
RETURN
RETURNS
RETURNS TO INVESTORS
RISK CAPITAL
RISK CONTROLS
RISK OF LOSS
SALE OF SECURITIES
SAVINGS
SECURITIES
SECURITIES LAWS
SECURITIES REGULATIONS
SECURITY INTEREST
SHAREHOLDER
SHAREHOLDERS
SHORT-TERM FINANCING
SHORT-TERM LIQUIDITY
SMALL BUSINESS
SMALL BUSINESSES
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL NETWORK
SOCIAL NETWORKS
START-UP
START-UPS
STOCK EXCHANGES
TAX
TRAINING FOR ENTREPRENEURS
TRANSACTION
TRANSPARENCY
TRANSPARENT SYSTEM
VALUATION
VENTURE CAPITAL
VENTURE CAPITAL FUNDS
VENTURE CAPITALIST
VENTURE CAPITALISTS
VENTURE CREATION
VENTURE INVESTOR
WORKING CAPITAL
World Bank
Crowdfunding's Potential for the Developing World
description Crowdfunding is an Internet-enabled way for businesses or other organizations to raise money in the form of either donations or investments from multiple individuals. This new form of capital formation emerged in the wake of the 2008 financial crisis largely because of the difficulties faced by artisans, entrepreneurs and early-stage enterprises in raising funds. Crowdfunding takes advantage of crowd-based decision-making and innovation, and applies it to the funding of projects or businesses. Using social networks, social profiles, and web-based communication, individuals and companies have raised billions of dollars in debt, equity, and donations for projects. Building a crowdfunding ecosystem depends on key enablers to build trust. This document explores specific strategies to drive crowdfunding, the risks in crowdfunding and how to mitigate them, and the potential use of crowdfunding in the developing world.
format Publications & Research :: Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Crowdfunding's Potential for the Developing World
title_short Crowdfunding's Potential for the Developing World
title_full Crowdfunding's Potential for the Developing World
title_fullStr Crowdfunding's Potential for the Developing World
title_full_unstemmed Crowdfunding's Potential for the Developing World
title_sort crowdfunding's potential for the developing world
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/01/18806928/crowdfundings-potential-developing-world
http://hdl.handle.net/10986/17626
_version_ 1764437987073982464
spelling okr-10986-176262021-04-23T14:03:39Z Crowdfunding's Potential for the Developing World World Bank ACCESS TO BANK ACCESS TO BANK LOANS ACCESS TO CAPITAL ACCESS TO FINANCE ACCOUNTANT ACCREDITATION ALTERNATIVE FUNDING AMOUNT OF CAPITAL ANGEL GROUPS ANGEL INVESTOR ANGEL INVESTORS ANTI-MONEY LAUNDERING ASSET CLASS BANK LOANS BANKRUPTCY BARRIERS TO ENTRY BID BIDS BONDS BORROWER BUSINESS ANGEL BUSINESS ANGELS BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS FAILURE BUSINESS INCUBATION BUSINESS ORGANIZATIONS BUSINESS OWNER BUSINESS PLAN BUSINESS STARTUPS CAPACITY BUILDING CAPITAL FLOWS CAPITAL FORMATION CAPITAL FUNDS CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITAL STRUCTURES CASH FLOW CHAMBERS OF COMMERCE CLEARING HOUSE COMMON STOCK COMMUNITY DEVELOPMENT CONSUMER CONFIDENCE CREDIBILITY CREDITORS CULTURAL NORMS DEBT DEBT CAPITAL DEBT INSTRUMENT DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANKS DIASPORA INVESTMENT DIASPORA INVESTMENTS DIRECT INVESTMENT ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EMERGING ECONOMIES ENABLING ENVIRONMENT ENTREPRENEUR ENTREPRENEURIAL ACTIVITY ENTREPRENEURIAL FINANCE ENTREPRENEURIAL VENTURES ENTREPRENEURS EQUITY HOLDINGS EQUITY INSTRUMENTS EQUITY INVESTMENT EQUITY INVESTMENTS EQUITY OFFERING EQUITY OFFERINGS EQUITY SECURITY EQUITY STAKE EQUITY STAKES ESCROW EXPENDITURES FAMILY FINANCE FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INSTRUMENTS FINANCIAL LITERACY FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL REGULATIONS FINANCIAL SERVICES FINANCIAL TOOL FINANCIAL TOOLS FIXED RATE FLOW OF CAPITAL FLOW OF INFORMATION FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FRAUD FRAUD RISK FUNDING SOURCE GENDER GLOBAL ECONOMY GRAY ECONOMY GROSS DOMESTIC PRODUCT HOUSEHOLDS ILLIQUIDITY INDIVIDUAL INVESTOR INDIVIDUAL INVESTORS INFORMATION SYSTEM INITIAL PUBLIC OFFERING INSTITUTIONAL INVESTORS INTELLECTUAL PROPERTY INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INVENTORY INVESTING INVESTMENT ACTIVITY INVESTMENT ALLOCATIONS INVESTMENT ALTERNATIVE INVESTMENT BANKS INVESTMENT DECISIONS INVESTMENT OPPORTUNITIES INVESTMENT RISK INVESTMENT RISKS INVESTMENT VEHICLE INVESTMENT VEHICLES INVESTOR BASE INVESTOR EDUCATION INVESTOR PERSPECTIVE INVESTOR PROTECTION INVESTOR PROTECTIONS INVESTOR RETURNS IPO ISLAMIC FINANCE JOB CREATION LACK OF CAPITAL LEARNING OPPORTUNITIES LEGAL CONSTRAINTS LENDER LENDERS LENDING REQUIREMENTS LEVEL OF COMMITMENT LEVEL OF COMMITMENTS LOAN LOCAL FINANCIAL INSTITUTIONS LONG-TERM INVESTMENTS MARKET ACCEPTANCE MARKET EFFICIENCIES MARKET SIZE MARKET STRUCTURES MARKET VALUE MICRO-FINANCE MICRO-LENDING MICRO-LOANS MICROFINANCE MOBILE PHONE NET WORTH NETWORKING OPPORTUNITIES NEW BUSINESSES NEW MARKET ONLINE COMMUNITIES PERSONAL INCOME PLEDGES PORTFOLIO PORTFOLIOS POTENTIAL INVESTMENT POTENTIAL INVESTMENTS POTENTIAL INVESTORS PRIVATE CAPITAL PRIVATE EQUITY PROFESSIONAL INVESTOR PROFESSIONAL INVESTORS PROFITABILITY PUBLIC POLICY PURCHASING POWER PURCHASING POWER PARITY RATE OF RETURN REAL ESTATE REGULATORY FRAMEWORK REMITTANCE REMITTANCES REPAYMENT RETURN RETURNS RETURNS TO INVESTORS RISK CAPITAL RISK CONTROLS RISK OF LOSS SALE OF SECURITIES SAVINGS SECURITIES SECURITIES LAWS SECURITIES REGULATIONS SECURITY INTEREST SHAREHOLDER SHAREHOLDERS SHORT-TERM FINANCING SHORT-TERM LIQUIDITY SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL NETWORK SOCIAL NETWORKS START-UP START-UPS STOCK EXCHANGES TAX TRAINING FOR ENTREPRENEURS TRANSACTION TRANSPARENCY TRANSPARENT SYSTEM VALUATION VENTURE CAPITAL VENTURE CAPITAL FUNDS VENTURE CAPITALIST VENTURE CAPITALISTS VENTURE CREATION VENTURE INVESTOR WORKING CAPITAL Crowdfunding is an Internet-enabled way for businesses or other organizations to raise money in the form of either donations or investments from multiple individuals. This new form of capital formation emerged in the wake of the 2008 financial crisis largely because of the difficulties faced by artisans, entrepreneurs and early-stage enterprises in raising funds. Crowdfunding takes advantage of crowd-based decision-making and innovation, and applies it to the funding of projects or businesses. Using social networks, social profiles, and web-based communication, individuals and companies have raised billions of dollars in debt, equity, and donations for projects. Building a crowdfunding ecosystem depends on key enablers to build trust. This document explores specific strategies to drive crowdfunding, the risks in crowdfunding and how to mitigate them, and the potential use of crowdfunding in the developing world. 2014-04-07T18:22:45Z 2014-04-07T18:22:45Z 2013 http://documents.worldbank.org/curated/en/2013/01/18806928/crowdfundings-potential-developing-world http://hdl.handle.net/10986/17626 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research