Embed Size (px)
Citation preview
Social Funding Platformfor
ICT Cluster
366 million Arab
$10 $30 $50 billion
Saudi Arabia Budget Spending
$27 $55 billion
Saudi Arabia 2013 Budget Spending
ICT Clusters for Health & Education
Pillar Firm
Local Demand
Pillar FirmPillar Firm
Supply
GovernmentPrivate Sector
Hospitals
Clinics
UniversitiesSchoolsTraining Cntrs.
PharmaceuticalsSuppliersMediaServices
ICT Clusters for Health & Education
Entrepreneurs
Academics
Management+
Workforce
ContentSaaS
ICT Clusters for Health & Education
Entrepreneurs
Academics
Management+
Workforce
ContentSaaS
ICT Clusters
ICT Clusters for Health & Education
Entrepreneurs
Academics
Management+
Workforce
ContentSaaS
ICT Clusters
ICT Clusters for Health & Education
ICT Clusters
• CrowdFunding
• Clustering Programs
• Platform
CrowdFunding
Collective effort of individuals who network and pool their money, to support efforts initiated by entrepreneurs & organizations
Social Media meets Corporate Finance
Clustering Programs
• ‘glue’ connects firms, startups, supporting suppliers and service providers, with R&D
• Skills facilitation with academics
Platform
Provide (translocal ICT network) with:
• collaboration processes
• communication systems
• assurance systems
Translocal ICT Clusters
• Lose some of the dynamic markets ability - due to less face-to-face contacts & co-presence
• Yet, ‘virtual collaboration’ technologies increases global Arab competition between sub-clusters, thus multiply the opportunities of experience
CrowdFunding Activities
disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding, motion picture promotion, free software development, inventions development, scientific research, and civic projects.
MicroFinance
Amount lent: $427 million
Funders: 925,898
Borrowers: 1 million
Number of loans: 553,368
Kiva Field Partners: 191
Countries: 67
Repayment rate: 99.01%
Average loan size: $405
raised US $600 million from 4 million contributors to finance 40,000 projects
- inception April 2009
Equity – receive equity in the company
Loan –borrowed money and must be repaid
CrowdFunding to Raise Capital
• Voice : community of supporters
• Money you need; sold at X times by next rounds
• Proof of Concept: Power to go to the next level
Benefits
$1 Billion$1.6 Billion
CrowdFunding of loans for solar projects
• Invest in solar & earn 4.5% annual return, 9 years payback period.
• Provides capital to developers at 5.5% ,takes 1% fee.
Sold out 1st project in 24 hours, 400 investors putting in $300,000+
average investment of $700
JOB - Jumpstart Our Business Act
SEC. 302.
CROWDFUNDINGEXEMPTION.
raise up to $1 million annually from un-accredited investors.
Arab CrowdFunding
Precautions
… lacking follow-up and failure to guarantee the project’s execution deadline
– originally set by its initiators.
Policies and Structures
• Projects’ sponsors
• Experts advice
• Certification
• intra-Arab alliance
.net
