THE CF4DEV MOOC: NEW LEARNING PATHWAYS TOWARDS UNCONVENTIONAL FINANCING FOR DEVELOPMENT
Abstract This short paper describes the results of the first MOOC launched by the International Training Centre of the ILO (ITC-ILO), a UN agency based in Turin, Italy. The MOOC addressed the use of crowdfunding as a resource mobilization channel for development projects. Since crowdfunding is a relatively new topic in the international development community, the ITC-ILO MOOC was meant to explore new teaching modalities, build new learning pathways and provide lifelong learning opportunities for development professionals. First of all, the crowdfunding for development topic is introduced jointly with an overview of the course structure. Then, the methodology adopted for the evaluation is outlined, main results are discussed and limitations are listed. Results from this pilot show that MOOCs tendencies in terms of demographics were disrupted (35% of students from Africa); while data regarding user engagement and learning assessment were confirmed (8% of students received a certificate of completion). Although assessing learning is much more than counting certificates. As a consequence, it was possible to list a series of indicators allowing measuring the amount of learning which actually took place throughout the MOOC such as the number of interactions, crowdfunding ideas and crowdfunding projects which were created by participants.
Keywords Activity-based. Crowdfunding. Development. Interaction. Projects.
Introduction Massive Open Online Courses (MOOCs) provide free open e-learning opportunities to a large number of participants around the world. MOOCs platforms such as Coursera, EdX and Stanford Venture Lab are democratizing education and promoting lifelong learning internationally. In 2014, 400 universities have been offering MOOCs by providing access to more than 2400 courses, and reaching out a total of 16-18 million students. Furthermore, world’s leading development organizations, including the World Bank, have been examining MOOCs and their impact on development and capacity building. As a result, MOOCs are greatly expanding the capacity of development organizations to meet the growing demand for educational content worldwide by offering greater accessibility, affordability and scalability of education to a large number of learners around the world, including developing countries and under-served communities. Due to their ‘massive’, ‘open’ and ‘online’ nature, in 2015 the International Training Centre of the ILO (ITC-ILO) considered MOOCs as an opportunity to explore innovative teaching practices and offer development professionals new pathways towards lifelong learning.
The ITC-ILO MOOC on Crowdfunding for Development (CF4Dev) The CF4Dev was the first ITC-ILO MOOC combining the topic of unconventional financing for development with an innovative online learning approach. Crowdfunding is a relatively new approach to financing development projects that uses the power of the ‘crowd’ to collect small contributions to help finance start-ups, non-profit initiatives and social enterprises. In other words, it democratizes access to capital to traditionally “bottom of the market” segments of the population. The learning objectives of this MOOC were to: recognize the role of crowdfunding and its impact on development; plan the main steps in developing a crowdfunding communication campaign, including identifying social media for promotion and metrics; build crowdfunding campaigns for institutional purposes. The CF4Dev MOOC consisted of 8 weeks, facilitated by two expert trainers, who had to supervise a cohort of 808 participants. It focused on participatory activity-oriented learning whose centrepiece was the creation of a full crowdfunding plan.