Publication:
Crowdfunding’s Potential in the Caribbean: A Preliminary Assessment

dc.contributor.author World Bank
dc.date.accessioned 2019-05-03T19:10:39Z
dc.date.available 2019-05-03T19:10:39Z
dc.date.issued 2017-12-31
dc.description.abstract Among the multitude of barriers to growing businesses, access to finance is a principal challenge faced by Caribbean enterprises. infoDev’s Entrepreneurship program for innovation in the Caribbean (EPIC) Access to finance component aims to develop an innovative access to finance program for growth-oriented Caribbean entrepreneurs. The focus is on building the pipeline of investment-ready enterprises through training and mentoring, as well as strengthening investors’ overall capacity to engage in innovative financing mechanisms, such as angel investing and crowdfunding. Over the past few years, there has been experimental use of crowdfunding by existing small and medium enterprises (SMEs) and start-ups in the Caribbean. Crowdfunding leverages Internet technology and offers a new path to capital formation that may mitigate some challenges, including geographic isolation and the limited size of local addressable customer and capital markets. This report’s scope is a preliminary assessment of the potential viability of crowdfunding in the Caribbean, which serves as an initial step for further research. This study presents recommendations for developing the framework for crowdfunding in the Caribbean that can benefit both existing SMEs as well as start-ups. en
dc.identifier http://documents.worldbank.org/curated/en/438091556795447168/Crowdfunding-s-Potential-in-The-Caribbean-A-Preliminary-Assessment
dc.identifier.uri http://hdl.handle.net/10986/31609
dc.language English
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject CROWDFUNDING
dc.subject SMALL AND MEDIUM ENTERPRISES
dc.subject MICROFINANCE
dc.subject ACCESS TO FINANCE
dc.subject PRIVATE SECTOR FINANCE
dc.subject TRADE AND COMPETITIVENESS
dc.subject ENTREPRENEURSHIP
dc.subject MIGRATION
dc.subject REMITTANCES
dc.subject FINANCIAL INFRASTRUCTURE
dc.subject REGULATION
dc.subject TECHNOLOGY INNOVATION
dc.title Crowdfunding’s Potential in the Caribbean en
dc.title.subtitle A Preliminary Assessment en
dc.type Report en
dc.type Rapport fr
dc.type Informe es
dspace.entity.type Publication
okr.crossref.title Crowdfunding’s Potential in the Caribbean
okr.date.disclosure 2019-05-02
okr.doctype Publications & Research,Publications & Research
okr.doctype Report
okr.docurl http://documents.worldbank.org/curated/en/438091556795447168/Crowdfunding-s-Potential-in-The-Caribbean-A-Preliminary-Assessment
okr.identifier.doi 10.1596/31609
okr.identifier.externaldocumentum 090224b086c2693b_1_0
okr.identifier.internaldocumentum 31021896
okr.identifier.report 136515
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/438091556795447168/pdf/Crowdfunding-s-Potential-in-The-Caribbean-A-Preliminary-Assessment.pdf en
okr.region.administrative Latin America & Caribbean
okr.region.country Barbados
okr.region.country Jamaica
okr.region.country St. Lucia
okr.region.country Trinidad and Tobago
okr.region.geographical Caribbean
okr.sector Financial Sector
okr.theme Financial and private sector development :: Micro, Small and Medium Enterprise support
okr.topic Finance and Financial Sector Development :: Access to Finance
okr.topic Finance and Financial Sector Development :: Financial Structures
okr.topic Finance and Financial Sector Development :: Microfinance
okr.topic Information and Communication Technologies :: ICT Applications
okr.topic Private Sector Development :: Microenterprises
okr.topic Private Sector Development :: Small and Medium Size Enterprises
okr.unit Trade and Competitiveness Global Practice
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