Mobile IoT Authors: Pat Romanski, Yeshim Deniz, Liz McMillan, Elizabeth White, Kevin Benedict

News Feed Item

GATE Global Impact Partners With Greenearth.travel to Bring New Funding for Development to the Travel & Tourism Sector

Partnership Between Leading Impact Investment Technology Platform, GATE Global Impact, and Brussels-Based Sustainable Travel & Tourism Network, Greenearth.travel, to Drive New Impact Investment Capital to the Sector

NEW YORK, NY -- (Marketwired) -- 08/20/13 -- International Travel & Tourism is one of the world's most effective drivers of jobs and growth, and of critical importance to developing countries, yet is suffering from a lack of capital in today's tough economic climate. Through the GATE Global Impact/Greenearth.travel partnership, GATEtrip, the world's first Impact Investment platform for the tourism sector and the first to incorporate equity-based Crowdfunding, will be launched to link-up socially responsible tourism projects with investors looking for opportunities in the fast growing, trillion-dollar Travel & Tourism market.

"Impact Investing has emerged in recent years as a way to support worthy causes and generate solid returns. Now it is poised to take a quantum leap as governments, seeking to tap alternative investment pools, adapt regulatory controls to expand this marketplace. At the same time, Crowdfunding, using the power of the Internet, will in the coming years profoundly alter how entrepreneurs and businesses access capital globally," said Vincent Molinari, CEO of GATE Global Impact. "GATEtrip brings this evolving financing revolution to the international tourism market, one of the world's largest industries and biggest job creators, providing tourism initiatives with an alternative to more traditional means of raising capital, and expanding investment options for investors."

GATEtrip will be powered by GATE Impact's GATEWAY Platform; a robust, regulatory compliant electronic end-to-end solution for buyers and sellers of Impact Investments -- investments that have the ability to generate a measurable social and/or environmental benefit alongside a potential for financial return. The GATE Impact platform has been hailed as unique in its ability to provide investors with the transparency, efficiency, metrics and ability to find liquidity they need to identify and transact securities in this exciting asset class. All securities are offered through GATE US, a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

"A key advantage of GATEtrip lies in the strength of its infrastructure which supports evolving financial regulatory frameworks by providing investors and project owners with the capacity to transact, settle and clear assets, while delivering exceptionally high standards of market transparency and security," added Mr. Molinari. "Our partnership with Greenearth.travel will link this with the growing drive for sustainable development in Travel & Tourism -- one of the most important sectors in the world economy."

Professor Geoffrey Lipman, Director of Greenearth.travel and President of the International Coalition of Tourism Partners (ICTP), a grassroots Travel & Tourism coalition of global destinations committed to quality services and Green Growth, said that "the goal of the partnership is to help drive substantial new private investment and leverage limited public funds for an activity that has been recognized by the G20 and UN system as a key element in job creation, development and Green Growth transformation. The potential of Impact Investing and Crowdfunding in travel destinations is immense and GATEtrip will facilitate this through a combination of state of the art technology and high levels of Green Growth research, forecasting and measurement."

All listings on the GATEtrip platform will meet transparent bankability and sustainability criteria, ensuring capital flows to viable ventures committed to positive outcomes for local communities and ecosystems. By applying innovative financing to areas such as tourism infrastructure, capacity-building, Internet connectivity and the like, the partnership aims to fill the tourism financing void, raise community living standards and stimulate a paradigm shift in the approach to Green Growth tourism development.

Lipman said that the partnership's 'Green Growth Investment Roadmaps', integrating the GATEtrip platform could "provide a practical framework for communities to evaluate their Travel & Tourism opportunities, create dynamic strategies that put green on the same page as growth, and prioritise the creation of jobs at the base of the pyramid. The game changer will be the ability to drive new investment as a coherent element from the outset."

For more information visit www.gatetrip.com or contact [email protected]
www.gateimpact.com or contact [email protected]

About GATE Global Impact INC.

GATE Global Impact INC is an impact investing-focused electronic regulatory compliant marketplace that provides market infrastructure and related services for the emerging Impact Investment industry -- public and private investments with a sustainable social and/or environmental component that also may generate a healthy rate of financial return. All securities are offered through GATE US LLC, a New York-based broker dealer and a member of FINRA and SIPC. Past performance is no guarantee of future results

More information: www.gateimpact.com & www.gateus.com

About Greenearth.travel

Greenearth.travel is a global network fostering likeminded partnerships to promote Green Growth and Travelism (Travel & Tourism) through strategy, development and funding. The Greenearth.travel network is connecting tourism communities, companies and universities from around the world and provides the research, services and tools to support tourism's transformation to the low carbon economy. It is a founding partner of the International Coalition of Tourism Partners (ICTP), grouping destinations and stakeholders committed to Green Growth and Quality.

More information: www.greengrowth2050.com & http://www.greenearth.travel/

For more information on ICTP: http://www.tourismpartners.org/

GATE Global Impact INC.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.