An annual forum on crowdfunding will be held for the first time in Tunis on October 31, initiated by the Agency for the Promotion of Industry and Innovation (APII) and supported by the Ministries of Finance, Industry and the Economy. Organised in collaboration with the “Innov’i” project and in partnership with the Central Bank of Tunisia (BCT), the Microfinance Market Authority and the Financial Market Council, this forum will look at the regulatory framework for crowdfunding in Tunisia, its prospects and challenges. The forum will also look at the conditions for successful crowdfunding in Tunisia and address crowdfunding issues that may be relevant to the Tunisian context in the future, according to the APII website. To further introduce crowdfunding, four workshops will be held in parallel with the conferences. These workshops, led by national and international experts, will cover the three types of crowdfunding (crowdfunding loans, crowdfunding equity and crowdfunding donations), as well as basic concepts and procedures. In addition to the forum, a “Crowdfunding Tunisia” hackathon, initiated by APII, will be held on 28 and 29 October. The objective is to jointly develop digital solutions to the challenges presented by APII. This hackathon aims to make crowdfunding activities accessible in Tunisian governorates, to make crowdfunding a catalyst for youth entrepreneurship and to encourage citizen investment in the regions. Crowdfunding is a financial innovation that allows projects to be financed by mobilising individual savings through online platforms.
Source: Agence Tunis Afrique Presse