Pre-incubating ideas that solve social problems
Identifying social entrepreneurship opportunities through an online platform which includes the participation of more than 300 thousand entrepreneurs, we bet on collective intelligence and crowdsourcing jointly with Socialab, to seek solutions to the large social problems that affect millions of vulnerable people in Latin America.
Promoting inclusive and sustainable business models with social impact, designed through co-creation and networking with the private sector and civil society, in a short period of time Socialab 's calls for entries have managed to raise more than 17 thousand ideas through the so call "challenges", such as "Ain´t no need, an intelligent and inclusive economy" and "Innovaton" recently carried out in Colombia and Chile with the support of IIS CAF. These have sought to find proposals in collaborative economics and productive employment for people with handicaps.
The winning projects of these contests: "Lázaro X1", "Thumbie" and "Rehapp" in Chile, "Cultivando futuro", "Minkay" and "Doxa" in Colombia, have gone to the second phase of the Socialab program, and are being incubated from seed capital. In this respect, it is noteworthy that to date, investments in startups have reached close to $ 1,686,869, impacting close to 520,314 individuals, which is equivalent to around $3.24 per capita.
Throughout 2015, new open innovation contests are going to take place in Argentina, Colombia, Chile and Uruguay, related to the alleviation of poverty, productive employment, and overcoming inequity.
CAF's more recent content
![CAF, JICA and Sicredi join forces to support women and rural producer CAF, JICA and Sicredi join forces to support women and rural producer](/media/4669796/foto_sicredi_divulgação_310724.jpg)
CAF, JICA and Sicredi join forces to support women and rural producer
The amount represents the largest international facility ever undertaken by Sicredi, with the involvement of four internationally renowned entities: Banco Finantia, BNP Paribas, Eco.business Fund, and Sumitomo Mitsui Banking Corporation (SMBC). The funds raised can also be used in regions with a Human Development Index below the national average.![CAF at the Mexico-European Union Forum: transformation of sargassum CAF at the Mexico-European Union Forum: transformation of sargassum](/media/4669724/cooperacion-interdisciplinaria.jpg)
CAF at the Mexico-European Union Forum: transformation of sargassum
El foro es un espacio de intercambio de conocimientos, tecnología y estrategias convertir el sargazo en un recurso económico a la vez que se combate la crisis ambiental en el Caribe.![CAF Board approves Antigua and Barbuda’s membership CAF Board approves Antigua and Barbuda’s membership](/media/4669629/538a9410.jpg)