Micro-financing
The Seattle P-I today had a cover-page article about micro-financing.
From the article: "The concept of microlending -- giving $50 to $300 to entrepreneurs in developing countries -- has been around for more than three decades, but is now starting to heat up. And Seattle, which houses three large microfinancing organizations, is becoming a hub of support. The Bill & Melinda Gates Foundation has also lent clout to the concept by making microfinance grants a part of its Strategic Opportunities division."
This blending of investing and charity is an important aspect behind Startup Cents. My goal is to both introduce a level of visibility and transparency into startup financing, as well as support individuals who are passionate about ideas, products and services, both providing a forum for them to create, discuss, refine and exchange ideas, and a forum to contribute and receive donations.
From the article: "The concept of microlending -- giving $50 to $300 to entrepreneurs in developing countries -- has been around for more than three decades, but is now starting to heat up. And Seattle, which houses three large microfinancing organizations, is becoming a hub of support. The Bill & Melinda Gates Foundation has also lent clout to the concept by making microfinance grants a part of its Strategic Opportunities division."
This blending of investing and charity is an important aspect behind Startup Cents. My goal is to both introduce a level of visibility and transparency into startup financing, as well as support individuals who are passionate about ideas, products and services, both providing a forum for them to create, discuss, refine and exchange ideas, and a forum to contribute and receive donations.
2 Comments:
Checkout this company that looks like they are serving a similar market:
http://radar.oreilly.com/archives/2006/11/wesabe_a_community_financial.html
Hi Naru - I'm curious if you would be willing to give up this domain name for a small fee? I don't have much as I am a work at home mom, but since you seem to have abandoned this blog, I figured I'd ask to see if you would consider it? Please get in touch with me at contact [at] emomsathome [dot] com if you are interested - and thank you very much for your consideration! :)
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