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We the undersigned petition the Prime Minister to evaluate micro-investment as a solution to the early stage funding gap. More details
Submitted by Senake Atureliya of Pie Micro-Finance – Deadline to sign up by: 24 June 2009 – Signatures: 3
More details from petition creator
There is a lot of advice available, but no real solution to the financial risk that must be borne by those of us looking to start a business or commercialise an invention.
Financial commitments and priorities such as a mortgage or saving for retirement prevent many viable businesses propositions from ever seeing the light of day. This leads to much of the work carried out by government enterprise and innovation promotional campaigns never bearing fruit.
Micro-investment platforms that allow risks and returns to be spread across a number of resource and capital investors in a controlled manner seem to offer a valid solution to this problem.
We would like to ask the government to explore available solutions in more detail with a view to making them available alongside the other free advisory and match funded grant assistance available to entrepreneurs and innovators.
