University Financing – CEC UGC http://cec-ugc.org/ Fri, 04 Jun 2021 19:31:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://cec-ugc.org/wp-content/uploads/2021/05/default-150x150.png University Financing – CEC UGC http://cec-ugc.org/ 32 32 NCFA Successfully Concludes Leading FinTech and Financing Conference in Canada FFCON21: Breaking the Barriers https://cec-ugc.org/ncfa-successfully-concludes-leading-fintech-and-financing-conference-in-canada-ffcon21-breaking-the-barriers/ https://cec-ugc.org/ncfa-successfully-concludes-leading-fintech-and-financing-conference-in-canada-ffcon21-breaking-the-barriers/#respond Fri, 04 Jun 2021 19:19:00 +0000 https://cec-ugc.org/ncfa-successfully-concludes-leading-fintech-and-financing-conference-in-canada-ffcon21-breaking-the-barriers/ Congratulations to the winners of the 2021 Fintech Draft pitching competition Agryo and Copia Wealth Studios TORONTO, ON / ACCESS WIRE / June 4, 2021 – The National Crowdfunding & Fintech Association of Canada (NCFA), the interagency nonprofit organization that promotes and supports fintech and finance across Canada, has successfully concluded its 7th Annual Flagship […]]]>


Congratulations to the winners of the 2021 Fintech Draft pitching competition Agryo and Copia Wealth Studios

TORONTO, ON / ACCESS WIRE / June 4, 2021 – The National Crowdfunding & Fintech Association of Canada (NCFA), the interagency nonprofit organization that promotes and supports fintech and finance across Canada, has successfully concluded its 7th Annual Flagship Fintech and Funding Conference – FFCON21 in partnership with Toronto Finance International (TFI), which took place in digital from May 11 to 13, 2021.

The conference titled “Breaking Barriers” focused on the future of finance and society, exploring a wide range of topics reflecting the growth and emerging challenges that the Canadian fintech industry must overcome to achieve adoption. massive and large-scale. Through more than 25 hours of keynotes, moderated panels, VIP workshops and an impactful pitch competition, the conference facilitated discussions and the sharing of new ideas and thoughts on trends, innovations and the landscape. regulatory shaping regulation, fintech, blockchain, digital banking, payments, AI, capital markets, digital assets and alternative finance sectors.

Founders and innovators, industry experts, investors, regulators, lawyers and many more shared their perspectives, successes and challenges, providing invaluable insight to help Canadian and global businesses to build stronger, more competitive and responsible entities that will shape the future of finance and society.

FFCON21 broke its own barriers this year with 130 world-renowned speakers from a wide range of public and private sectors, including two Canadian government ministers, a political champion, the Canadian Senator and Sophia – the world-renowned humanoid robot. . The 560 registered participants participated in 400 hours of targeted networking meetings throughout the three days of the conference. The full list of influential FFCON21 speakers can be found here.

Highlights of FFCON21:

  • Day 1: May 11 focused on ‘Breaking down barriers and digital innovation‘and showcased thought leadership and leading finance and finance companies pushing the boundaries of adoption of crypto, cloud banking and security, data rights, alternative assets and innovations IPOs such as Versabank, Stablecorp Inc. Coinpayments, Forward Security Inc., Intellect Design, Localcoin, Invest Hong Kong and SuperWorld.
  • Day 2: the May 12 program was devoted to ‘Growth and conservation‘designed to help businesses innovate, get started, improve productivity, scale and become more competitive on a global scale. A multitude of topics were presented covering everything from Gen Z opportunities to HR and digital identity perspectives from leading companies such as Holt Accelerator, University of Waterloo, Mambu, Liquid Avatar Technologies. A series of gripping demos have also been delivered by pioneering Whelp, CPQi and MinervaAI.
  • Day 3: On May 13, the participants widened their scope to go beyond geographic boundaries and contemplate the daily theme of ‘Global future‘which covered topics ranging from the role of Fintech in climate change and net zero to the rise of China (and the US response), global regulatory trends, CBDCs and how emerging technologies such as Blockchain and NFT can be used for the greater good. Partner companies featured included VoPay, Power & Mobility and TAAL.
  • The top-notch content of FFCON21 included VIP masterclasses and fireside conversations from industry experts who gave attendees in-depth insight into the rise of Decentralized Finance (DeFi), the anatomy of applications DeFi, the evolving regulatory landscape for digital assets, the future of Web 3.0, and the future. is valid for FinTech.
  • The conference also provided a plethora of mentoring and business networking opportunities with its popular “Ask an Expert” and Speed ​​Dating series designed to connect industry experts and investors with companies and attendees. looking for information and opportunities to support their continued growth.

Congratulations to the winners of the 2021 Fintech Draft pitching competition

The event also showcased the second annual Fintech 2021 project designed to identify, promote and reward emerging and high-growth fintech start-ups and scale-ups. Among the exceptional competing companies, the organizers wish to congratulate:

Agrio – (Global Winner) – A global provider of risk intelligence that enables financial institutions to assess and manage financial risk at the crop field level for underwriting agricultural insurance, loans and trade finance at worldwide ; as well as achieving sustainability goals.

Copia Wealth Studios – (People’s Choice) – A financial intelligence platform that uses modern design and machine learning to aggregate all investments (including alternatives and illiquid assets) into one sleek view.

NFT “Fintech for Good” charity auction

FFCON21 also saw the launch of the conference’s first charity auction held this year to benefit CanadaHelps COVID-19 Healthcare & Hospital Fund, an organization that supports more than 110 hospital foundations across Canada that respond urgent needs in response to COVID-19.

The auction, which kicked off during the event will run through June 6 this year, features one-time digital donations from artists and organizations including Liquid Avatar, Pierre Bourque, Blockchain Intelligence Group, SuperWorld and Nathan. McCrorey. Collectors interested in owning an exceptional #NFT can access the auction and bid on items on Blockparty’s new NFT Marketplace using this link.

The organizers also welcome donations from artists, individuals or companies who wish to support this noble cause.

The NCFA FFCON conference, held virtually May 11-13, continues to be the largest and most influential Fintech conference in Canada.

To view the FFCON21 Highlights video, please visit https://fintechandfunding.com/.

The organizers especially thank all the participants, conference partners, speakers, companies and volunteers who helped make FFCON21 an informative and memorable event.

About the CNFA

The National Crowdfunding & Fintech Association (NCFA) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding services and services to thousands of members of the community and works closely with industry, government, partners and affiliates to create an innovative and innovative FinTech and finance industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investments in the sectors of fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain and cryptocurrency, Regtech and Insuretech. To learn more about NCFA, visit www.ncfacanada.org

About FFCON

FFCON (Fintech and Financing Conference) is an annual conference organized by the National Crowdfunding and Fintech Association (NCFA) of Canada. Now in its seventh year, FFCON21 has brought together professionals and innovators from fintech, blockchain, cryptocurrency, and alternative finance. More information on the lecture series is available at www.fintechandfunding.com

FFCON contacts

Conference chair

Craig asano

Founder and CEO, NCFA

casano@ncfacanada.org

(416) 618-0254

Partnership requests

Lauren Linton

Advisor, CNFA

lauren@ncfacanada.org

(416) 569-4349

Media contact

Michèle McDermott-Fox

Public relations on the top floor

pr@thetopflooragency.com

(905) 379-1893

See the source version on accesswire.com:
https://www.accesswire.com/650516/NCFA-Successfully-Concludes-Canadas-Leading-Fintech-and-Financing-Conference-FFCON21-Breaking-Barriers



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Saudi Arabia aims to raise $ 55 billion from privatization plan https://cec-ugc.org/saudi-arabia-aims-to-raise-55-billion-from-privatization-plan/ https://cec-ugc.org/saudi-arabia-aims-to-raise-55-billion-from-privatization-plan/#respond Thu, 03 Jun 2021 21:16:13 +0000 https://cec-ugc.org/saudi-arabia-aims-to-raise-55-billion-from-privatization-plan/ RIYAD: Saudi Arabia is a barren and barren land, covered with vast deserts and rugged mountains and therefore unsuitable for anything except growing dates. Right? In fact, wrong. The Saudi environment is dry, without a doubt. But surprisingly, the Kingdom is an agricultural power, on the way to achieving a considerable measure of food security, […]]]>


RIYAD: Saudi Arabia is a barren and barren land, covered with vast deserts and rugged mountains and therefore unsuitable for anything except growing dates. Right? In fact, wrong.

The Saudi environment is dry, without a doubt. But surprisingly, the Kingdom is an agricultural power, on the way to achieving a considerable measure of food security, while becoming a major exporter of agricultural products.

This trend has become even more urgent with the implementation of Vision 2030, which defines agriculture as one of the five main strategic sectors, alongside aerospace / defense, automotive, transport / logistics. and construction.

So how is this possible?

First of all, Saudi Arabia is richer in water than it seems at first glance. While the Kingdom has no permanent rivers and one of the lowest rainfall rates in the world at just four inches per year, it does have huge reserves of groundwater.

Just as oil lakes exist deep beneath its parched surface, so there are vast underground aquifers. In 2019, these supplied no less than 10 billion cubic meters of irrigation water to local farms.

In addition, the government has built a network of dams in wadis across the country to capture flood waters from occasional heavy rains. And of course, Saudi Arabia is the world leader in seawater desalination, with no less than 27 desalination plants supplying both cities and farms.

View of the Wadi Murwani Dam, located in Al-Khulais, Saudi Arabia. (Shutterstock)

This access to considerable volumes of water has enabled the nation to supply its domestic market with wheat, dairy products, eggs, fish, poultry, vegetables and flowers – and to export all of these items around the world. And believe it or not, Saudi Arabia is, thanks to the help of the Irish, one of the most efficient dairy farmers on the planet, with an extraordinarily high annual production of 1,800 gallons per cow.

That said, the Kingdom faces challenges in terms of annual population growth of 1.7%, as well as the demands of an increasingly sophisticated consumer market. A simple diet of dates, camel milk and a few pieces of meat could have been sufficient a century ago. But today’s consumers, like the rest of the world, expect almost endless choice.

There is no doubt that Saudi Arabia will not stop importing certain foods. After all, authentic Japanese wasabi can only be imported from Japan, and real Parmigiano-Reggiano is only made in Parma, Italy. But agriculture in the Kingdom is expected to grow by 5 percent per year over the next five years.

Saudi Arabia’s two new “green” initiatives will in part be driven by the Strategy for Sustainable Development of Agriculture, a component of Vision 2030. This comprehensive strategy has four main objectives: Efficient and sustainable use of agricultural resources and natural, especially water; comprehensive and sustainable food security; improving agricultural efficiency and productivity; and sustainable rural development.

INNUMBERS

* 1st – Saudi rank as a food importer from the Middle East.

* 80% – The food consumed comes from abroad.

* 16m – Tons of food currently consumed.

* 4.6% – Expected annual growth rate of food consumption.

These policies are being implemented in the face of the coronavirus disease (COVID-19) pandemic, an unforeseen and continuing crisis that has highlighted the danger of any country too heavily dependent on global supply chains for essential products such as than food.

Smart farming in Saudi Arabia means focusing on crops that require relatively less water and finding alternatives to water intensive farming. Thus, the cultivation of thirsty grains such as wheat has been largely transferred to the water-rich Sudan, while local farmers are encouraged to focus on water conservation approaches such as greenhouse fruit and vegetable production. .

Additional value is added through the processing of raw materials. For example, farmers can and squeeze fruit, instead of just providing fresh produce. Fruit canning is the Kingdom’s largest food production segment, and fruit juices are the second largest source of income for Saudi food producers. And the Saudis know well that 1001 products can be made from the humble date!

The future success of agriculture in the Kingdom will largely depend on the efficiency of production. Vision 2030 recognizes modern agriculture as an “industry”, comparable to construction and logistics, and equally dependent on innovation and new technologies.

Irrigation system for pivot agriculture, located in the desert area of ​​Al-Sarar, Saudi Arabia. (Shutterstock)

A recent academic article in the Journal of the Saudi Society of Agricultural Sciences, said: “There is a gap between the demand and production of agricultural products (in the Kingdom) which must be filled through the adoption of modern technologies, ie. that is, land and water. – economic approaches, greenhouse cultivation and seawater recovery.

Hydroponic farming is an example of smart farming, that is, growing plants with only water and nutrients instead of soil. Hydroponic agriculture can be integrated as an aspect of urban growth. There is no reason why large indoor spaces cannot be built or converted to produce hydroponically grown fruits, salads and vegetables – providing food to a city without the need for long distance transportation and transportation. logistics.

Hydroponics can also harness the semi-treated gray water produced by wastewater and industry, recycling valuable natural resources.

Another brilliant idea is “aquaponics” agriculture, in which aquatic creatures such as shrimp feed on naturally growing bacteria and produce nutrient-rich wastewater that can be used to grow edible plants. This type of virtuous circle requiring little maintenance is perfectly suited to a country lacking water like Saudi Arabia.

Of course, attention should also be paid to more traditional agricultural resources, but with the application of modern techniques. The science of genetics can have a dramatic effect on the production of local breeds. Goats, for example, are indigenous to the Kingdom and are a traditional source of milk and meat.

The continued expansion of Saudi Arabia’s agricultural sector requires continued cooperation between the public and private sectors. (Shutterstock)

Genetic crossbreeding of local goats with foreign breeds has the potential to dramatically improve the size and production of livestock. All of this indicates that many of the answers to Saudi Arabia’s food security concerns can, with a little imagination and experimentation, be found on its own doorstep.

These biotechnologies also offer exciting new business opportunities in the quest to diversify the Saudi economy and liberate the country from dependence on oil and its various derivatives.

The continued expansion of Saudi Arabia’s agricultural sector requires continued cooperation between the public and private sectors and depends on four key elements: education, technology transfer, advisory services and investment in new facilities. .

The government is leading the way in terms of investment and infrastructure, and Saudi farmers accept that innovation and change are realities. It remains for entrepreneurs to take advantage of the fact that agro-industry and biotechnology are called upon to play an essential role in the future and will be major sources of income.

The issue of food security is a challenge for the Saudi people and a major opportunity.



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Rwanda: ten Rwandan start-ups to benefit from debt financing support https://cec-ugc.org/rwanda-ten-rwandan-start-ups-to-benefit-from-debt-financing-support/ https://cec-ugc.org/rwanda-ten-rwandan-start-ups-to-benefit-from-debt-financing-support/#respond Thu, 03 Jun 2021 00:10:57 +0000 https://cec-ugc.org/rwanda-ten-rwandan-start-ups-to-benefit-from-debt-financing-support/ Ten eligible Rwandan start-ups will benefit from a debt financing facility of up to € 50,000 and will benefit from expert supervision as part of a business accelerator program called “Sustainable Technology for Africa Rwanda 2021 ”. The program is organized by Entrepreneurs for Entrepreneurs (OVO), an investment and entrepreneurship group based in Belgium. On […]]]>


Ten eligible Rwandan start-ups will benefit from a debt financing facility of up to € 50,000 and will benefit from expert supervision as part of a business accelerator program called “Sustainable Technology for Africa Rwanda 2021 ”.

The program is organized by Entrepreneurs for Entrepreneurs (OVO), an investment and entrepreneurship group based in Belgium.

On Tuesday, June 2, ten of the most remarkable and sustainable start-ups will be announced and are expected to benefit from the program dubbed Sustech4Rwanda, which aims to help start-ups remain resilient through debt financing and management support.

“We will announce the new cohort of 10 transformational start-ups. The Director General and I, Bjorn Macauter, will be in Kigali to launch the program, ”said Andrew Herweg, Program Manager for Rwanda.

OVO provides debt financing in the range of € 5,000 to € 50,000, which they describe as a unique approach to other investor groups and angel investor networks who typically provide a straightforward deal for future actions. (SAFE), convertible notes or equity investments.

“The approach is to use debt financing as a ‘learning tool’ for entrepreneurs to get into the habit of managing their money and spending appropriately. Too often entrepreneurs think of the popular form of capital as ‘free money’, but in reality the financing is cheaper and easier to manage, ”he explained.

In addition to funding, OVO says it has a network of over 120 coaches, all successful or current entrepreneurs, advisors and investors based in Rwanda or Belgium, who are available to provide advice and support. free to companies in the annual cohort to ensure medium and long-term success.

Debt financing

Through the SusTech4Africa program, the Belgium-based group provides debt financing and expert capital to pre-seed start-ups.

Last year, in the midst of the Covid-19 pandemic, OVO managed to invest € 168,500 in eight companies in Rwanda, Senegal and Uganda. In 2021, he has already invested in a Rwandan health technology start-up and plans to invest up to € 300,000 by the end of the year.

About the accelerator

Applications for start-ups were open from March to May.

Dozens of start-ups have applied for the SusTech4Rwanda program, announced in collaboration with BAG Innovation, the African Leadership University (ALU), the Challenges Group Rwanda and the Shared Value Africa Initiative.