MUMBAI: The Giving Economy Conclave (GEC) was launched with much enthusiasm and a curtain-raiser at a special event organized in Mumbai recently. The event was inaugurated by Chet Jain – CEO Crowdera, Triveni Acharya – Co-founder of Rescue Foundation and Sandeep Nath, the famous Bollywood lyricist.
GEC Change Maker Awards to Social Leaders
The launch event organized by Crowdera, the only commission free crowd funding platform, also saw the first ever GEC Change Maker Awards being presented to well-known names like Triveni Acharya, Gauri Sawant from Sakhi Char Chaugh and a holder of Presidential Award, Ajit Barse, from Slum Soccer Foundation, Sacheen Gandhi from Medicine Baba Trust, Shalabh Sahai from iVolunteer and Sandeep Nath, Maya Vishwakarma, Radha Krishna Prabhu from Annamitra, Srudipta Tagore; Rusen Kumar, Founder from India CSR Network; Rishi Raj from Muskaan. The awards accolade the recognition of their contribution to the society by aligning to and leaving an impact on the United Nations Sustainable Development Goals.
Giving Economy Conclave in Singapore in 2019
Chet Jain shared the outlines of GEC 2019, GEC’s five-year plan and its envisioned impact on community. Speaking on the GEC launch Jain said, “Crowdera and its partners are building a map for the further evolution of abundance in the economy and taking it around the globe, starting with Singapore in 2019 with the Giving Economy Conclave to further magnify the impact in South East Asia. With far-sighted vision fostered with prudent actions, the impact of this initiative will see a lasting ripple effect” Continuing, he shared the highlights of the upcoming grant, wherein over US$ 100 million in value to support social enterprises and nonprofits aligned with the United Nations Sustainable Development Goals are set to be invested in 100 new start ups, both for profit and nonprofit over the next five years.
The project is lined in partnership with the forerunners of different industries worldwide such as Amazon Inc.
The grants are set to launch in 5 tranches of $20M for specific causes in East Asian and South East Asian regions. The first grant of $20M was announced during the GEC event for Indian Nonprofit Startups and Social Enterprises. Entities started in last 5 years are eligible for the grant. Up to 2000 nonprofit startups and social enterprise startups will be able to take advantage of this grant in next 3 years.
Applications will go live on Crowdera Foundations website starting December 10th 2018. For Jain, giving is good for businesses as well, and charitable donations puts the company in the positive light.
It was a gratifying evening which saw a community build up. The audience was appreciative of the efforts taken towards creating a greater impact on the society from initiatives and individuals from different walks of life. The event concluded with the guests deciding upon building a healthy network of a social commune ready to revolutionize the economy with the act of giving.
Crowdera is a fintech company, which assists people and organizations to raise funds online for causes, emergencies and dreams aligned with United Nations Sustainable Development Goals. Crowdera offers a free mobile-friendly, web-based crowdfunding platform promising no donor dipping. It also offers paid value-added agency services in marketing; advertising space to help its customer amplify their fundraising results. Founded in 2014 at San Francisco Bay Area (Silicon Valley), the company has supported over 3500 campaigns funded by 7,500 donors from 60 countries and platform currently operational in 200 countries by virtue of its payment gateway partnerships.