Tag Archives: Social enterprise

iSupportJamaica.com Launches New MicroFinance Crowdfunding Platform in Jamaica

26 Jun

Jamaica’s First Crowd-Funding Website will Support Micro Businesses

by Philip Bernard, General Manager, JN Small Business Loans Limited

JNSBL has unveiled the country’s first “crowd-funding” website, isupportjamaica.com, to hundreds of Jamaicans living overseas, who attended the 2013 Jamaica Diaspora Conference, held June 16 – 19 at the Montego Bay Convention Centre in St. James, Jamaica.

I Support makes it easy for people around the world to support organisations and small businesses in Jamaica

I Support makes it easy for people around the world to support organisations and small businesses in Jamaica

The project is being implemented and managed through a strategic partnership between the company’s philanthropic arm, the JN Foundation, and JNSBL, says new JNSBL General Manager, Philip Bernard and will assist Jamaicans wanting to start a micro business to raise funds to do so.

Underscoring that JNSBL is a social enterprise which upholds the mutuality concept framing the Jamaica National brand, Mr. Bernard said the website emphasises the company’s “mandate to promote the development of the micro and small business sector, through access to financial services, and by extension, the Jamaican economy.”

“Our Jamaican landscape is lush with bright ideas that only require the necessary seed funding so that they can be explored and realised,” he said, pointing out that many micro entrepreneurs continue to find it difficult to access start-up funds from traditional institutions because of their perceived high risk.

“Therefore, as a social organisation, JNSBL has developed this approach to broaden access for all our micro entrepreneurs, because this is a critical sector of the economy that will indeed play a major role in shaping the future of Jamaica,” he said.

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WestPark Capital to Sponsor CROWDIMPACT Live Social Enterprise Crowdfunding Event and Contest on April 23rd in Los Angeles

21 Apr

By Robert Hoskins

WestPark Capital, Inc. announced they will be the Title Partner of CROWDIMPACT ‘s upcoming competition for small businesses, with a focus on social enterprises, combining profit and social impact.  The involvement of key supporters representing over $100 million makes CROWDIMPACTone of the world’s largest social enterprise live presentation forums to date, and on April 23rd, finalists will present their companies to judges deciding on over $30,000 in prizes for the top companies in Los Angeles, CA.

CROWDIMPACT Live Social Enterprise Presentation Forum & Social Enterprise Party

CROWDIMPACT Live Social Enterprise Presentation Forum & Social Enterprise Party

Using a proven model, CROWDIMPACT will operate similarly to Crowdfunder’s previous live events, CROWDFUNDxLasVegas and CROWDFUNDxLA, which collectively drew over 11,000 entrepreneurs and investors and over 900 early stage businesses.  Since February 20th, over 150 companies have registered on Crowdfunder’s CROWDIMPACT online community.

“We are very pleased to take part in this exciting event that brings together great talents and companies from so many corners of the market.  The sharing of ideas and coming together of so many great businesses and professionals, each on the cusp of incredible things in their individual areas, is a unique opportunity that we are happy to take part in.  The event format suggests it will be as much fun as it is professionally rewarding.” says Jason Stern , Chief Operating Officer of WestPark Capital.

Crowdfunder’s CEO Chance Barnett adds, “Over the last 10 to 15 years, investors have come to understand that profit and social purpose can go hand-in-hand.  CROWDIMPACT helps top social enterprises across the globe to finally have a place to gain visibility in front of a community of impact-minded backers on the Crowdfunder’s social network.”

CROWDIMPACT brings together Crowdfunder’s business social network platform, WestPark Capital’s transactional, corporate finance, and advisory services experience, and innovative partners and communities that support and empower social entrepreneurship­­­­.  CROWDIMPACT Title Partners include Demand Media and Cal-X Crowdfund Connect.

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