Access to Finance: Examining Non-Traditional Platforms for Funding
3. Diaspora Financing
Key Findings
85% would be interested in investing in businesses back home
Willingness to invest across the region outside of home country
Interest in investing in non-traditional sectors such as ICT
However, only 13% of respondents have invested in a Caribbean-based business
Major Obstacles
infoDev study published in 2013
Lack of visibility into deal flow
Trusted local investors/validators
Complex regulatory environment
Based on the results of a survey of 850 Caribbean diaspora members
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