Paper on Crowdfunding for Private Sector Development in Small States


Location: Home-based
Closing date: 25 April 2016

Fee: £3,000

Background
The Commonwealth defines small states as sovereign countries with a population of 1.5 million people or fewer. The Commonwealth also designates some of its larger member countries – Botswana, Jamaica, Lesotho, Namibia and Papua New Guinea – as small states because they share many of the characteristics of small sates. Thirty-one of the fifty-three Commonwealth member countries are small states. 
These countries face unique set of development challenges posed by their small size, limited human and financial resources, and susceptibility to economic and climate related shocks.  Their vulnerability to external economic shocks due to their strong reliance on strategic imports such as food and fuel, and limited economic diversification, coupled with the heightened exposure to weather and climate related events, lead to debt accumulation and eroded social and economic gains. Read more >>
Objectives of the paper
The objective of this paper is to assess the potential of crowdfunding for private sector development in small states.  The paper also seeks to highlight the conditions required to successfully capitalise on that potential, as well as the possible challenges small states may encounter with crowdfunding. Read more >>
Specification
The Climate Finance and Small States team is looking for a researcher with a background in innovative finance with strong knowledge of crowdfunding and a proven track record of publishing.  The consultant should have an understanding of the challenges of small states and a solid grounding in social science research methodologies.
The expert will:
  • Prepare a detailed review of the literature on crowdfunding focusing on its use as an innovative source of finance and its potential use in small states
  • Present a case study on the successful use of crowdfunding to support business activity
  • Produce a publishable paper between 25-35 pages in length, including charts, graphs, and references, in collaboration with the Commonwealth Secretariat.
​To be considered, you must be a citizen of a Commonwealth country.
We should receive your application by 17:00 BST on 25 April 2016.
Please read the full Terms of Reference before submitting your application.

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