BRAC’s 6thFrugal Innovation Forum came to a close yesterday in Savar, Dhaka. With the theme of “Scaling opportunities for youth”, over 200 practitioners, entrepreneurs, activists and policy makers came together to explore the futures of young people in the Global South.
Frugal Innovation Forum is back this year with another round of riveting conversations on smart innovations! This year’s theme is “Scaling opportunities for youth,” and we wrapped up Day 1 jam-packed with exciting and insightful sessions.
Life is different for three out of 10 people worldwide, or 2.1 billion people, who do not have clean, safe water in their homes. One quarter of the world’s population does not have access to decent toilets. In cities alone, over 80 million people practice open defecation.
Belal reads the loudest in his class. He is only 12, but has already competed in sports on a national level. He is also one of 1.5 billion people across the world, who live with some form of disability.
According to Small Business Association, nearly one-third of all new businesses crash and burn within the first two years. The number one culprit is the lack of business acumen and market insight. The cycle continues when many become afraid to start their own ventures, after seeing so many fail around them.