Our preliminary estimates suggest that the Trinidad and Tobago economy grew by 1.3 per cent in the first nine months of 2013, compared with a contraction of 0.3 per cent in the first nine months of 2012.
Although we lack reliable data on the current size of crowdfunding, some sources indicate that it’s a multibillion-dollar industry, with more than 1 million separate offerings each year, and that the field is growing rapidly.1 While crowdfunding may not be as well known in the community development context, there are, in fact, existing models of crowdfunding for community development that we can learn from.