"Integrity is tied to transparency," he responded without hesitation. "Transparency and sustainable investment capital based on a humanitarian model" is what separates GATE Impact Investing from the other players in the crowdfunding genre.
Crowdfunding the United Nations Way
Integrity and transparency are part of the reason why CEO Molinari was able to form a collaborative partnership with the United Nations' Global Compact to feature select projects from the newly launched
Social Enterprise Action Hub
on its own Gateway Platform.
In a press release dated Thursday, we learned that the partnership between the UN Global Compact and GATE is "to be officially launched following the UN Global Compact Leaders Summit," which concludes Friday.
CEO Molinari explains, "The ability to integrate standards and metrics through the Gateway Platform will greatly increase cost efficiency and the enhanced visibility will create education and awareness of this emerging asset class. The objective of the partnership between GATE and Global Compact is to drive capital to those projects that need it most."
"With this collaboration, we are pleased to embark on a new, high-tech approach to development-project financing that is at the core of how modern financial capital will be delivered," said Molinari.
"Together, the UN Global Compact's Social Enterprise Action Hub and GATE Global Impact's Gateway Platform will enable funding sources to find the global projects that are in need of capital and, for the first time, execute transactions on social enterprise. This represents a global paradigm shift in development economics" he went on to explain.
Molinari said in our interview, the UN Global Compact provides a framework for businesses to align their strategies and operations with the universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
This launch is providing an unparalleled online platform for businesses to connect with potential partners to scale up projects on key global issues. It will provide not only a new trading platform but also greater connectivity to potential investors in order to increase exposure, resulting in accelerated and broader funding of worthwhile enterprises.