Summary
Even before Crowdfund Investing goes live in 2013, we’ve seen social entrepreneurs leverage technology to launch project on Kickstarter to bring water to Africa or even platforms like Terracycle that aims to turn trash into profits here in the United States. The crowd gets it. If the governments or international banks can’t fund these projects, let’s let the communities do it. What might be a hurdle for a local government to cough up $250,000 in funds could easily be achieved with the right social outreach. And technology is the enabler.
Description
Now there's a platforms like Solarmosaic that are using crowdfunding to raise capital to put solar panels around the world. High energy costs equate to a lower standard of living because people have to forgo more of their earnings to pay for utilities. A project of this scope would have positive impact for both a company, its customers and the community at large.
Different countries have different laws regarding crowdfunding. Sunnycrowd has a model which is adapted to European laws and offers a very interesting opportunity for people to not only earn attractive interest from green energy projects and renewable energy with crowdfunding, but to also participate in each project which they choose to support.