Dear MEL School’s Topic Readers,
White House turns to
crowdfunding campaign for Syrian refugee crisis
What’s crowdfunding? It
emerged outside of the typical funding by financial institutions as an
alternative means of financing particular campaign, cause or investment. It
raises monetary contributions from large numbers of people often via the
Internet. Contributors can donate or invest any or a set amount of money,
usually not a large amount, so that it is suitable for new initiatives or
emergency needs, such as a business venture, election campaign or disaster
relief.
White House, one of the
most powerful and influential media figures, called for an emergency funding
for Syrian refugees who fled their conflict-torn homeland to neighboring
countries and Europe. So far, the Obama administration has donated more than
$4.5 billion and large corporations have done millions more to the Syrian
crisis.
How much more will this
campaign fund the Syrian refugee crisis?
Enjoy reading and
thinking what and how crowdfunding might work.
No comments:
Post a Comment