photo blog of an international business school in Madrid
As part of the recent Social Impact Finance Forum held on the IE Business School campus, SCIEF (that’s short for Saudi-Spanish Center for Islamic Economics and Finance) held a video competition called “What is Out There?” More than 60 teams from 40 countries submitted videos which detailed alternative ways of financing a project or initiative (e.g. crowdfunding or ethical loans). The top ten (pictured above) were flown into Madrid to present at the forum.
Three winners were chosen and received €2,000 each. Watch their videos here:
For further reading, check out this article in Arabian Business Magazine about crowdfunding sites like Kickstarter and Indiegogo, and new ventures like video contest winner Tamer Taha’s Yomken, which caters specifically to Arabs.