We discovered that Crowdfunding had a track record of success around the world with many countries developing their own platforms and expanding incrementally to serve the rest of the world. Yes, some of the established platforms are now accommodating projects in our region, but their focus is not on us and therefore many of our projects go unfunded.
So, as Caribbean people with a heart for matters of the Caribbean, we have developed this customized crowdfunding solution with you in mind. Through it you can avail yourself of the same benefits and successes that others in the developed world have had with crowdfunding. It was therefore encouraging to see the infoDev/World Bank sponsored report entitled “Crowdfunding’s Potential for the Developing World” positing favourable prospects of how this emerging trend can serve to spark economic growth, innovation and jobs.
Through Pitch&Choose, Caribbean nationals and residents who have good ideas that are in need of capital or social projects that they want to fund for the betterment of their nation, now have an online marketplace where they can pitch their ideas and reach their communities across the world. We are also providing a place where Caribbean communities and their friends locally and across the world can donate to the fundraising efforts of registered non-profits and Alumni Associations in our islands.
In pledging to a campaign, the Chooser is not offered nor are they entitled to share in any financial returns or profit that the Pitcher expects to generate as a consequence of their project. Any rewards provided will be notional. However Pitch&Choose is being built to respond to the needs of the market and we are continuing to explore other product offerings that can address the demands for seed, investment and loan capital for businesses.
By the way, we will help build the awareness of your initiatives, because we will let the world know that our marketplace is open for business.