1. A Creative Funding Solution for Caribbean
Creative Projects
Thursday, December 11, 14
2. Rationale
• The United Nations Conference on Trade
and Development (UNCTAD) (2008)
declared the creative industries are among
the most dynamic emerging sectors in
world trade.*
• While other economic sectors continue to
contract the creative industries continue to
grow.
• World exports of creative products were
valued at 424.4 US billion in 2005 as
compared with 227.5 US billion in 1995!*
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3. Rationale Cont’d
• Developed countries currently dominate
the global market for production creative
products.
• The large majority of developing countries
are not yet able to harness their creative
capacities for income generation and
economic growth
• Africa as a continent generates less than 1%
of the world trade in creative products and
the Caribbean even less than that!
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4. Missing out?
• The creative industries is a global multi
billion dollar sector that creates:
• Income generation
• Employment
• Social Cohesion
• Cultural Diversity
• Export Opportunity
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5. Why are we missing
out?
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7. Access to Finance
• Most financial institutions deem the
creative industries too “risky” and
therefore tend not to lend money to
persons in this sector.
• Due to the situation above many creative
persons “self fund” their projects. Only
going as far as their cash reserves would
allow.
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8. A Creative Funding Solution for Caribbean
Creative Projects
Thursday, December 11, 14
9. What is VisionFunder?
• VisionFunder is a social fundraising
platform designed for Caribbean creative
projects
• Social - driven by social media
• Fundraising - seed capital and capitalization
• Caribbean - CariForum territories
• Creative Projects - Creative Industries
(including technology)
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10. Why VisionFunder?
• As of April 2012 there were over 452
socially driven fundraising platforms active
worldwide. Most of these platforms are
exclusively for projects in North America
and Western Europe.*
• Together, these platforms raised approx. 1.5
billion dollars and funded over 1 million
projects in 2011 alone!*
• The Caribbean has little to no access to
this funding and is locked out of millions of
investment dollars by not having our own
social funding platform.
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11. How does VisionFunder
work?
1. Create your project on VisionFunder
2. Choose your funding goal and timeframe needed to
raise your funds.
3. Share your project with your “rainmakers” - family,
friends, fans, invited contacts and the diaspora
community inviting them to invest in your project
using VisionFunder tools.
4. Track the results and collect your funds to launch
your vision!
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12. All or Nothing
• Every VisionFunder project must be fully
funded before its time expires or all funds
return to the ‘rainmakers’.
1. This ensures no project is under-funded.
2. It removes risk and promotes
transparency for both “rainmakers” and
creators.
3. It motivates both creators and
rainmakers to take action.
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13. VisionFunder type of
projects
• Film & Video
• Music
• Photography
• Art
• Dance
• Design
• Fashion
• Games
• Publishing
• Technology
• Theater
• Culinary Arts
• Animation
• Creative Performances/
• Educational Institutions*
• Green/Renewable Energy
• Agro - Processing
• “STEM” Projects
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14. Who can fund their
project on VisionFunder?
• VisionFunder is especially designed for:
• Caribbean artists, filmmakers, musicians,
designers, writers, illustrators, inventors,
app designers, performers...
• Caribbean organizations and communities
dedicated to creative practitioners.
• VisionFunder only funds “projects” i.e
initiatives with a start and end date.
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15. Why would people fund
projects?
• Rewards - creators offer “rainmakers” cool
products, benefits, perks and experiences for their
investment.
• Relationships - many “rainmakers” are family,
friends and fans of the creators and want to help.
• Passion - “rainmakers” are given the opportunity
to invest in projects that reflect their own passions
and see them come to life.
• Philanthropy - many members of the diaspora are
seeking opportunities to give back and
VisionFunder creates an easy and safe way to do it.
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16. Partner with us to unleash Caribbean
Creativity
Thursday, December 11, 14
