The G20 Challenge on Inclusive Business Innovation is a global search for businesses with innovative, scalable, and commercially viable ways of working with low-income people in developing countries.
- The G20 Challenge on Inclusive Business Innovation was launched at the G20 Leaders Summit in Cannes on November 3-4, 2011.
- Applications opened on December 1, 2011. Eligible businesses that have submitted a pre-application will receive access to the full application.
- Applications will close on February 29, 2012, at 11:59 PM (EST).
- Applications will be evaluated by a panel of independent judges and the names of the winners will be announced at the G20 Leaders Summit in Mexico in June 2012.
If you represent a successful business with an innovative way of working with individuals at the base of the pyramid, you can apply now at : www.g20challenge.com
G20 Challenge on Inclusive Business Innovation
Businesses around the world are finding innovative ways to work with low-income people living at the base of the pyramid (BOP), working with them as suppliers, distributors, retailers, or customers. These firms are called inclusive businesses. Developing an inclusive business model that addresses the particular needs of people living at the base of the pyramid is an accomplishment. Scaling that model and replicating it in new markets is a challenge.
By recognizing businesses that have already succeeded in developing innovative, scalable, and financially sustainable inclusive business models, the G20 Challenge provides a global platform for all businesses to learn from successful leaders in the growing field of inclusive business, and enables these leaders to come together and develop linkages with other inclusive businesses. When fellow innovators have the opportunity to exchange ideas and experiences, who knows what new business opportunities may become possible?
Know more at www.g20challenge.com