Shortening Distances in Economic Development: The Poor as a Digital Crowd

Shortening Distances in Economic Development: The Poor as a Digital Crowd

photo: Matt Phipps  How many clicks separate economic development practitioners in Washington, D.C., from the beneficiaries of their projects in other parts of the world? Probably a few clicks (according to the theory of six degrees of separation). In the last few years, the rate of digital connectivity have continuously risen, and although more than half the […]

New Funding Source for Social Innovation: The ‘Crowd’

New Funding Source for Social Innovation: The ‘Crowd’

In the journey from a revolutionary idea, to a start-up business, to an expanding business, it’s difficult for entrepreneurs and small and medium-sized enterprises to access the finance they need through the traditional channels of private capital markets. A new way to address this gap is crowdfunding—an innovative tool that enables entrepreneurs or enterprises in […]