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Equity Crowdfunding for Non-Rich People Is Coming
Today—unless you have a net worth of at least one million dollars, or an income of at least $200,000 per year—it is not legal for you to receive equity in exchange for backing a company on a crowdfunding site. But as of next May 16, Title III of the JOBS Act goes into effect, bringing equity crowdfunding to the 99%.
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- crowdfunding, regulations
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Tight Government Regulation, Paucity of Innovation Limiting Crowdfunding Startups in India
Crowdfunding is globally a $16-billion industry and as per estimates, in 2016 with a total investment volume of $34 billion, it is likely to overtake the amount of equity funding from venture capitalists to startups which is $30 billion.
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- South Asia
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- crowdfunding, regulations
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Innovations in Financial Capability: Four Lessons For Providers
Building successful financial capability requires moving beyond traditional modes of product delivery and financial education. Accion identified several best practices from organizations that habitually learn from their clients’ needs and behaviors, and tailor their products to meet those needs and build capability. Here are four lessons from their new report on the topic.
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Stanford University Business Program Takes Root in East Africa
Building on the success of its program in West Africa, Stanford Seed (http://www.gsb.stanford.edu/seed/home), the Stanford Institute for Innovation in Developing Economies, has announced the launch of the Seed Transformation Program in East Africa (http://www.gsb.stanford.edu/seed/transformation-program/east-africa).
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- Press Release
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- Region
- Sub-Saharan Africa
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Op-ed: Marching to a Different Drummer: Social Enterprise Gains Popularity in China
Researchers Huan Chen, Juelin Yin and Florian Kohlbacher from the International Business School Suzhou (IBSS) at Xi'an Jiaotong-Liverpool University (XJTLU) in Suzhou explain why and how the idea of “social enterprise” is beginning to gain some traction in China.
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- South Asia
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Michael and Susan Dell Foundation Earmarks $50 Million for Indian Startups
The Michael and Susan Dell Foundation (MSDF), one the world's biggest philanthropic organisations, and an active impact investor in India, has earmarked an additional $50 million (about Rs 333 crore) towards investments in the country over the next three years.
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- South Asia
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- philanthropy
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Africa’s Great Digital Divide: You’re More Likely to Have Access to the Internet as a Wealthy Man in a Coastal Country
Tech start-ups coming out of Africa have blossomed in the past few years, putting the continent on the digital innovation map. Two examples are Kenya’s mobile money transfer service M-Pesa which is now being offered by Vodafone in Asian markets and Ushahidi - a crowdsourcing platform that has monitored everything from disasters to elections and used the world over.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Airtel to Launch Payments Bank in India in Q2 FY17
Bharti Airtel's mobile commerce subsidiary, Airtel M Commerce Services, has been renamed Airtel Payments Bank. The company plans to launch its payments bank operations in the second quarter of the current fiscal year, it said in a statement on Tuesday.
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- South Asia
