Quote from Waruth Kaosol on 1. March 2021, 5:03

Interesting information about financing tools under the crisis.

https://www.devex.com/news/can-innovative-financing-tools-raise-funds-for-the-covid-19-response-97191

Quote from Harald A. Friedl on 11. March 2021, 16:01

Thanks a lot Waruth, that is very helpful. What do you think about that?

Quote from Waruth Kaosol on 17. March 2021, 8:46

I really agree on

“We do need to crowd in private money, it is almost unthinkable to do this relying solely on grants.”

— Kalipso Chalkidou, director of global health policy, Center for Global Development

Quote from Harald A. Friedl on 17. March 2021, 9:07

Quote from Waruth Kaosol on 17. March 2021, 8:46

I really agree on

“We do need to crowd in private money, it is almost unthinkable to do this relying solely on grants.”

— Kalipso Chalkidou, director of global health policy, Center for Global Development

Thanks, Waruth. I agree a lot with you - for several reasons although I haven't reflected all of them still well:
Economy will go down a bit, while many customers, at least in Europe, have a lot of saved money as they haven't spent their money over the last year.
Additionally, there are no profits to be made at the banks.
So, investments by crowdfounding offers a chance for both sides.
Off course this is risky money. In times of change, everything could possible... (I will continue)

Quote from Michael Meallem on 17. March 2021, 9:16

This makes interesting reading for funding sources and was publsihed yesterday in the SSIR

https://ssir.org/articles/entry/the_next_10_years_of_impact_investment

Quote from Waruth Kaosol on 17. March 2021, 9:18

Cannot agree more, however, depending on what type of the crowd funding as well.

Donation and reward base will have slightly different impact from lending and equity base.

What do you think?

Quote from Harald A. Friedl on 17. March 2021, 9:34

Quote from Michael Meallem on 17. March 2021, 9:16

This makes interesting reading for funding sources and was publsihed yesterday in the SSIR

https://ssir.org/articles/entry/the_next_10_years_of_impact_investment

That is really an interesting reading, thanks a lot, Mike!!!

Quote from Harald A. Friedl on 17. March 2021, 9:44

Quote from Waruth Kaosol on 17. March 2021, 9:18

Cannot agree more, however, depending on what type of the crowd funding as well.

Donation and reward base will have slightly different impact from lending and equity base.

What do you think?

Well, thanks, Waruth, just to tell a story:
Last year we had a project to develop a super innovative photovoltaic plant at the University campus. It was technically designed by our own Facility Manager, but organized by our students. It was a pretty sustainable project during the last year. https://www.fh-joanneum.at/projekt/sonnenkollektiv/ sorry, in German, you have to translate - e.g. by deep l

More pictures at: https://project-milestones.at/index.php/10-photovoltaik/
Now the financial aspect: That plant was pretty expensive: around 15.000 Euro.
The University granted to cover the costs unter the condition of collecting money by crowd founding.
The big challenge: CoVid19 appeared...

Nevertheless the students made it to collect about 8.000 Euro from companies and private donors (on charity base). This was amazing.

Well, what was the main "emotional" idea behind:
Creating a kind of common feeling, fighting and working together for a better future in a critical time... So, it was very much emotionalized...

Lessons leaned: I am sure this could also be used for commercial purposes with a money-back-contract. I will show you some examples...

 

 

Quote from Harald A. Friedl on 17. March 2021, 9:50

Examples for commercial crowd founding projects:
Unfortunately this is also in German, sorry, but really interesting:

https://www.crowd4climate.org/xcellent-pv This is a very interesting project in Thailand. I translate the text:

"This is the first project that ecoligo will implement in Thailand. The country is characterized by exemplary economic growth and the associated increase in demand for electricity, which ecoligo aims to meet with clean energy generation. After Vietnam, it is already the second country in Southeast Asia in which ecoligo will be active. Therefore, you have the unique opportunity to secure an interest bonus of 1.00 %. Simply invest in the project and benefit from a higher interest rate of 6.00 % instead of 5.00 % over the entire term."

"

Thanks to good crisis management and a high level of solidarity within society, the corona crisis in Thailand has been relatively mild so far. In the months since the outbreak of the pandemic, 3,700 infections have been registered in the country. In recent weeks, the number of new daily infections has been almost steadily below 10 (as of Oct. 21, 2020). Strong restrictions on entry for foreign tourists and strict quarantine rules remain in place. However, businesses and factories are open subject to certain regulations such as wearing respirators and maintaining a safe distance between employees.

In response to the Corona crisis, ecoligo has set up a guarantee fund to protect crowdinvestors from potential impacts. The fund is initially funded with €50,000 from ecoligo's own resources and is intended to secure the upcoming payments to crowdinvestors in the coming months and to last beyond the Corona crisis. Hereby ecoligo signals its sustainable commitment to the long-term goal of decarbonizing our planet. The challenges of the global climate crisis persist. The guarantee fund ensures that payments to crowdinvestors* will be made on time, regardless of the global economic situation or any delays in payment by the end customers. Learn more here.

"

Xcellent is a leading metalworking company in the region surrounding the capital city of Bangkok. From the design phase, to prototyping and testing, to the manufacturing of the final customized products, Xcellent is a one-stop shop for its customers. Throughout its more than 15-year history, the company has been committed to delivering high, impeccable quality to its customers. Xcellent is certified to several internationally recognized safety and quality standards. For more information, please see the "End Customer" tab.

Covering more than 65,000 square feet, Xcellent employs more than 500 people in Chon Buri. Xcellent aims to further reduce its environmental impact and carbon footprint and has chosen to use solar energy. Since 2019, the large factory building has a rooftop solar power system with a total capacity of 773 kWp. This will both reduce Xcellent's electricity costs and save 11,810 tons of CO2 over the life of the system.

The acquisition of this asset will refinance the rooftop solar system already installed and in operation, which is already generating savings for Xcellent's end customer in Thailand. With projects already in operation, potential risks in the procurement and installation process are eliminated. In addition, the end customer already has a payment history."

What do you think?