Pre-incubating ideas that solve social problems

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.