Latin American Network of Frugal Innovation

The network meets every 2-3 months to discuss and collaborate in new activities and projects, including the organization of its annual event.

 World Entrepreneurs joins the Latin American Network of Frugal Innovation in January 2021

World Entrepreneurs is the Swiss member of the Latin American Network of Frugal Innovation since early 2021. This is a network of universities and organizations that spanacross Latin America, US and Spain to collaborate on different capacity-buildingactivities, projects and dialogue in the field of social innovation and entrepreneurship, following a frugal approach to implement the Sustainable Development Goals (SDGs).

“Frugal innovation focuses on generating high impact and scalable solutions that meet the needs of the underserved communities and the population, notably at the bottom of the pyramid, maximizing the creation of positive value for the people and the economy, while caring about our planet, by using and streamlining local available resources in a sustainable manner. Moreover, the geniality of frugal innovation consists of generating solutions with more value with less resources and for more people, by unleashing the power of recursivity and creativity at the service of our Humanity and the sustainability and regeneration of our Planet”. – L. Gennes, World Entrepreneurs.

The network conducted the following activities in 2021:

  • Two MOOCs with more than 170 participants (training is in Spanish).
  • A pilot bootcamp on leadership, entrepreneurship and innovation with a frugal approach to generate real and financeable solutions.
  • Annual event: “Towards a New Innovation Paradigm in Latin America”.