Advantages and risks of crowdfunding as a model of financing startups and community development projects

2021 ◽  
Vol 2021 (4) ◽  
pp. 84-98
Author(s):  
Vitalii RYSIN ◽  

Crowdfunding as a tool for alternative financing has emerged relatively recently and is of limited use in Ukraine today. At the same time, it has significant potential, which can contribute to the implementation of a wide range of projects that for various reasons are not of interest to traditional lenders or investors. The aim of the article is to determine the benefits of crowdfunding for its participants, the peculiarities of the implementation of certain types of crowdfunding and identify risks that may be generated by them, as well as develop practical recommendations for crowdfunding campaigns by entrepreneurs and authors of community development projects. The article identifies the benefits of crowdfunding for project authors (low cost of capital, access to information and potential investors) and investors (clarity, low risks, access to new products, the ability to support creative ideas), substantiates the role of crowdfunding platforms in realizing the benefits of crowdfunding. The advantages and disadvantages of using certain types of crowdfunding are described. Recommendations for planning and implementation of the main stages of crowdfunding campaigns - idea development, target audience determination, research, communication, project budgeting, reward system development, campaign schedule development – are developed. The factors of choosing a crowdfunding platform for hosting the project are determined. The possibility of using crowdfunding for collective financing of socio-cultural projects within the public budgets of the united territorial communities is shown. The risks of using crowdfunding for project authors and potential investors are identified. Those risks are primarily related to realistic expectations and proper preparation for the fundraising campaign by project authors, as well as the lack of guarantees for investors in the event of problems or bankruptcy of the crowdfunding platform. The author highlights that the growth of public awareness about the possibilities of implementing social or business initiatives through crowdfunding platforms will contribute to the development of platforms, improvement of technological equipment, and expansion of their range of services.

SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110266
Author(s):  
Matthias U. Agboeze ◽  
Georgina Chinagorom Eze ◽  
Prince Onyemaechi Nweke ◽  
Ngozi Justina Igwe ◽  
Onyeodiri Charity Imo ◽  
...  

This study examined the role of local government in community development in Nsukka Local Government Area of Enugu State, Nigeria. A total of 420 people participated in the study. The study sample of 420 persons comprised 220 community development officers selected from the study area and 200 adult educators randomly selected from Enugu State. The entire population of the study was used due to the size. A 21-item structured questionnaire developed by the researchers was used as the instrument for data collection. Mean and standard deviation were used to answer the research questions. The study revealed that the budget allocation sent by the government to the responsible departments in the local government is not always received as and when due for the effective implementation of community development projects. It was concluded that a higher monitoring authority should be set aside to monitor and supervise the existence of checks and balances between the regulations of the local government areas.


2017 ◽  
Vol 16 (2) ◽  
pp. 41-54 ◽  
Author(s):  
Peter Joyce

Purpose The purpose of this paper is to analyse the 2016 elections for Police and Crime Commissioners (PCCs) and to compare them with those that took place in 2012. It seeks to evaluate the background of the candidates who stood for office in 2016, the policies that they put forward, the results of the contests and the implications of the 2016 experience for future PCC elections. Design/methodology/approach This paper is based around several key themes – the profile of candidates who stood for election, preparations conducted prior to the contests taking place, the election campaign and issues raised during the contests, the results and the profile of elected candidates. The paper is based upon documentary research, making particular use of primary source material. Findings The research establishes that affiliation to a political party became the main route for successful candidates in 2016 and that local issues related to low-level criminality will dominate the future policing agenda. It establishes that although turnout was higher than in 2012, it remains low and that further consideration needs to be devoted to initiatives to address this for future PCC election contests. Research limitations/implications The research focusses on the 2016 elections and identifies a number of key issues that emerged during the campaign affecting the conduct of the contests which have a bearing on future PCC elections. It treats these elections as a bespoke topic and does not seek to place them within the broader context of the development of the office of PCC. Practical implications The research suggests that in order to boost voter participation in future PCC election contests, PCCs need to consider further means to advertise the importance of the role they perform and that the government should play a larger financial role in funding publicity for these elections and consider changing the method of election. Social implications The rationale for introducing PCCs was to empower the public in each police force area. However, issues that include the enhanced importance of political affiliation as a criteria for election in 2016 and the social unrepresentative nature of those who stood for election and those who secured election to this office in these contests coupled with shortcomings related to public awareness of both the role of PCCs and the timing of election contests threaten to undermine this objective. Originality/value The extensive use of primary source material ensures that the subject matter is original and its interpretation is informed by an academic perspective.


2021 ◽  
Vol 11 (10) ◽  
pp. 4610
Author(s):  
Simone Berneschi ◽  
Giancarlo C. Righini ◽  
Stefano Pelli

Glasses, in their different forms and compositions, have special properties that are not found in other materials. The combination of transparency and hardness at room temperature, combined with a suitable mechanical strength and excellent chemical durability, makes this material indispensable for many applications in different technological fields (as, for instance, the optical fibres which constitute the physical carrier for high-speed communication networks as well as the transducer for a wide range of high-performance sensors). For its part, ion-exchange from molten salts is a well-established, low-cost technology capable of modifying the chemical-physical properties of glass. The synergy between ion-exchange and glass has always been a happy marriage, from its ancient historical background for the realisation of wonderful artefacts, to the discovery of novel and fascinating solutions for modern technology (e.g., integrated optics). Getting inspiration from some hot topics related to the application context of this technique, the goal of this critical review is to show how ion-exchange in glass, far from being an obsolete process, can still have an important impact in everyday life, both at a merely commercial level as well as at that of frontier research.


2005 ◽  
Vol 20 (2) ◽  
pp. 183-204 ◽  
Author(s):  
Gary Warnaby ◽  
David Bennison ◽  
Barry J. Davies

The role of town centre management (TCM) schemes in the UK has expanded to incorporate a more overt and explicit focus on marketing and promotion. This paper considers the marketing/promotional activities of TCM schemes in the UK. TCM schemes operate at the interface of the public and private sectors. The implications of this are discussed, including the need for a consensual approach by a wide range of urban stakeholders, and the actual activities undertaken, influenced by the funding imperative under which such schemes operate (which impacts on the feasibility of certain activities and the efforts made to evaluate them). Comparisons are drawn between specific place marketing practice by TCM schemes and wider place marketing strategies.


Author(s):  
C. Cortes ◽  
M. Shahbazi ◽  
P. Ménard

<p><strong>Abstract.</strong> In the last decade, applications of unmanned aerial vehicles (UAVs), as remote-sensing platforms, have extensively been investigated for fine-scale mapping, modeling and monitoring of the environment. In few recent years, integration of 3D laser scanners and cameras onboard UAVs has also received considerable attention as these two sensors provide complementary spatial/spectral information of the environment. Since lidar performs range and bearing measurements in its body-frame, precise GNSS/INS data are required to directly geo-reference the lidar measurements in an object-fixed coordinate system. However, such data comes at the price of tactical-grade inertial navigation sensors enabled with dual-frequency RTK-GNSS receivers, which also necessitates having access to a base station and proper post-processing software. Therefore, such UAV systems equipped with lidar and camera (UAV-LiCam Systems) are too expensive to be accessible to a wide range of users. Hence, new solutions must be developed to eliminate the need for costly navigation sensors. In this paper, a two-fold solution is proposed based on an in-house developed, low-cost system: 1) a multi-sensor self-calibration approach for calibrating the Li-Cam system based on planar and cylindrical multi-directional features; 2) an integrated sensor orientation method for georeferencing based on unscented particle filtering which compensates for time-variant IMU errors and eliminates the need for GNSS measurements.</p>


Author(s):  
Muhammad Muhammad ◽  
Sukiman Sukiman ◽  
Irwansyah Irwansyah

The aim of this research is to know the roles and the functions of Ulama Consultative Council in Government at Lhokseumawe, Aceh, Sumatera. The method is used qualitative research to get and to develop the data and result. The result is found that the role of the Ulama Consultative Council in government politics in Lhokseumawe City can be grouped into two forms, namely the role of consideration and function in establishing legal edicts. Ulama Consultative Council functions optimally in providing consideration / suggestions / suggestions to local governments. The function of determining legal edicts, where Ulama Consultative Council oversees the administration of government, development and community development, then the results of supervision can be issued in the form of legal edicts submitted to local governments and also disseminated to the public.


2011 ◽  
Vol 9 (1) ◽  
Author(s):  
Donald I. Hamilton

This paper examines the role of oil and gas companies in community crises in the Niger Delta. The major conclusions are that oil and gas companies have encountered various forms of community crises in their work environment. These crises have negative impact on the performance of these companies. The paper thinks that adequate community relation will significantly reduce the level of also that oil and gas companies in the Niger Delta should adopt community relation strategy through community development projects as this would minimize the level of community crises and hence enhance the performance of oil and gas companies Industry/community crises in the Niger Delta region


Author(s):  
Anastasia Chartomatsidi

This chapter examines the wide range of discussions in British society sparked by the unprovoked shooting of unarmed civilians by the Greek police and British troops at Syntagma Square on 3 December 1944, the Battle of Athens between the EAM/ELAS forces and the British troops assisted by Greek royalist forces until January 1945, and the reconciliation between the warring parties on 12 February 1945, after the signing of the Varkiza Agreement. The British Left participated in, and actively shaped, the public conversation on the events in Greece and on the role of the British government. On the surface, the three examined parties of the British Left called for the same thing: the withdrawal of British troops from Greece, the end of the British Government’s interventionist policy in Greek political affairs, and the prosperity and sovereignty of the Greek people. However, the response to the events was not unanimous since differences between the parties examined existed on the ideological, rhetorical and practical levels.


Author(s):  
Segomotso Masegonyana Keakopa ◽  
Kelvin Joseph Bwalya

This chapter provides an evaluation of ICT policy developments in Botswana. In particular, it highlights major advancements in areas of national ICT policy development and its implementation in the country. The country’s National ICT policy, Maitlamo, has been a significant factor in driving ICTs in the country. The chapter asserts that opportunities in ICT development in the country are evidenced by not only implementation of the policy but further by greater investment of financial resources by the government and the role of the private sector. Further, the chapter argues that while implementation of the national ICT policy has brought achievements in liberalisation and expansion of public services in rural areas, there are still a number of challenges to address if universal access has to be achieved. Among these are unavailability of ICT services in rural areas, high costs of the technology and the lack of public awareness on the use of technology. Proposals made at the end of the chapter call for the government to speed implementation of ICT policy, form stronger partnerships with the public sector and further balance the role of BTC vis a vis other players so that the playing field is leveled.


Sensors ◽  
2020 ◽  
Vol 20 (2) ◽  
pp. 465 ◽  
Author(s):  
Krzysztof Marcinek ◽  
Witold A. Pleskacz

This work presents the results of research toward designing an instruction set extension dedicated to Global Navigation Satellite System (GNSS) baseband processing. The paper describes the state-of-the-art techniques of GNSS receiver implementation. Their advantages and disadvantages are discussed. Against this background, a new versatile instruction set extension for GNSS baseband processing is presented. The authors introduce improved mechanisms for instruction set generation focused on multi-channel processing. The analytical approach used by the authors leads to the introduction of a GNSS-instruction set extension (ISE) for GNSS baseband processing. The developed GNSS-ISE is simulated extensively using PC software and field-programmable gate array (FPGA) emulation. Finally, the developed GNSS-ISE is incorporated into the first-in-the-world, according to the authors’ best knowledge, integrated, multi-frequency, and multi-constellation microcontroller with embedded flash memory. Additionally, this microcontroller may serve as an application processor, which is a unique feature. The presented results show the feasibility of implementing the GNSS-ISE into an embedded microprocessor system and its capability of performing baseband processing. The developed GNSS-ISE can be implemented in a wide range of applications including smart IoT (internet of things) devices or remote sensors, fostering the adaptation of multi-frequency and multi-constellation GNSS receivers to the low-cost consumer mass-market.


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