LUNES. Green Goes Crowdfunding

Energy access related equity crowdfunding has demonstrated substantial growth capacity, raising over $3.3 million across three campaigns in 2016 (a total of $80,000 was raised in 2015), a new study from Energy 4 Impact, a non-profit organisation working with local businesses to extend access to energy in Africa, shows.

Looking at the energy access related crowdfunding across donation, reward, debt and equity platforms, the research also highlights key trends and statistics on energy access related crowdfunding, which grew from $3.4 million in 2015 to $8.7 million in 2016.

Alongside equity crowdfunding increase, the strongest growth has been identified in debt as  more than $2 million across 26 loans have been raised in 2016, representing a 10-fold increase on those made in 2015.  The two crowdfunding segments combined account for 93% of all energy access related crowdfunding.

aaeaaqaaaaaaaagpaaaajgewnwy1zgi3lwixnzktndrjns04zdlkltg3nzvlzgm3ogziyg

Davinia Cogan, Energy 4 Impact’s Programme Manager

Commenting on the findings, Davinia Cogan, Programme Manager at Energy 4 Impact said:

Crowdfunding has an important role to play for energy access businesses wanting to raise capital – from early stage seed capital, to working capital loans, and potentially equity too. The dynamics of debt crowdfunding, in particular, are interesting for companies looking for debt to finance their growth.

Find out more here.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s