CLOUDFUNDING CAPITAL
At Goteo we are creating a social investment market with contributions from public institutions, business and other private institutions, and individuals. To achieve the multiplier effect and thus encourage co-responsible investment in projects that rely on the support of the civil society.Our social stock market, what we call “feeder capital” is nourished by distinct types of annual commitments and through specific, time-sensitive calls for projects (via preestablished formulas or through ad hoc agreements). This makes it possible to tie together in a personalized way contributions from different kinds of entities: to concrecte projects, particular themes, geographic spaces, or also types of benefits and licenses.
The investing organisms can, through this market, give wings to some of their areas of concern and their programs, in an innovative way, as well as to their political obligations and social responsibilities. In addition, they obtain other advantages, like: participating in the generation of the formation of collective knowledge and socially innovative projects, closeness and direct dialog with emerging communities, visibility and recognition linked to projects that are related to the common good, etc.
The feeder capital is administered transparently and responsibly by Fundación Fuentes Abiertas, the driving force behind Goteo, which gives participating entities certain tax advantages.
* Source for the image: Susatainable method of irrigation, by Rollies, licensed under Attribution-Sharealike 2.0 Generic (CC BY-SA 2.0)
