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>> 3. Who will be the first (or does it exist) to do a YC in the under-developed world? Kiva.org and Prosper.com seem to be doing quite well in this space. A
by nreece 19y ago
>> 3. Who will be the first (or does it exist) to do a YC in the under-developed world?
Kiva.org and Prosper.com seem to be doing quite well in this space.
A few I'm aware of that exist in India:
TIFAC ( http://tifac.org.in/ http://tifac.org.in/ )
Seedfund ( http://www.seedfund.in/ http://www.seedfund.in/ )
Erasmic incubation fund ( http://www.erasmic.com http://www.erasmic.com )
Aavishkaar ( http://www.aavishkaar.org/ http://www.aavishkaar.org/ )
TIE ( http://bangalore.tie.org/ http://bangalore.tie.org/ )
But I'm not sure how reliable and enterprising these are actually.
Wondering if there are any seed funding orgs like YC in Australia?
- wumi 19y agoDon't know of any in AU, but as far as kiva and prosper, that's not really the YC / seed-funding model, that's the Mohammed Yunnis Micro-loan model. Lending money to somebody and watching their progress is a lot different then what Y C or any seed-fund does.
- jamiequint 19y agoThe YC model is probably not generally applicable in countries spanning all stages of economic development. Even though kiva/prosper are not exactly the same thing, they may be the equivalent workable solution in the countries where they are active.
- bootload 19y ago"... Wondering if there are any seed funding orgs like YC in Australia? ..." Ahh let me see. There is easy funding for real-estate, mining, farming, construction, dredging, highways and those new fangled finance schemes. But I doubt it. The VC's in Collins or Pitt St see Startups as too risky and do not understand them.