Stay Informed!

By Sean Luechtefeld on 08/30/2010 @ 01:20 PM

Tags: Innovation, Innovators, Innovation Marketplace

The Innovation Marketplace, hosted by innovation@cfed and sponsored by the Levi Strauss Foundation, brings together leaders at the cutting edge of social innovations that expand economic opportunity for all Americans in a virtual and in-person interactive venue.

To stimulate discussion before the in-person installment of the Innovation Marketplace, innovators will pose their burning questions - questions about challenges facing their ideas - in order to solicit feedback from the public. The Innovation Marketplace is designed to discuss these challenges, and sharing the questions before the Assets Learning Conference will help prolong that conversation in hopes of making it as robust as possible.

innovation@cfed extends a special thanks to Blair Benjamin for sharing his questions and allowing the conversation to start even before the ALC! Be sure to check out Blair’s Innovation Station for Assets for Artists at the Conference. In the meantime, use the comments section below to provide feedback.

1. How do we dispel the myth that individual artists and craftspeople choose to be low-income and therefore don’t “deserve” asset-building assistance? Or, do you believe that most often they have made a choice to pursue a career with minimal income-earning potential and they shouldn’t take away limited resources from those truly in need who are working to climb the wealth ladder?
2. Is it feasible to deliver high-quality financial, business and home ownership training to individual artists in remote locations through technology-enhanced distance learning (with online self-directed tutorials and real-time instructor-led webinars)? Are there any specific tools or models you would recommend?
3. Is there an opportunity to use crowdfunding strategies to tap into a low-income artist’s social network “fan” base to raise match funds for matched savings accounts? What characteristics would we have to look for among participating artists for them to be successful with online crowdfunding?

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