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What is Innovation?

BOLDtalks Innovation 2013

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BOLDtalks Innovation 2013 is an intimate and impactful gathering that brings together an informative variety of discussions by innovation leaders, research experts, product developers, designers and business leaders, who will analyse the region’s innovation status, highlight corporate institutions’ and government’s engagements in this space, as well as looking at challenges, triumphs, and inspiring solutions by a selection of some fascinating regional case-studies." Genny Ghanimeh from Pi Slice talked about Social Entrepreneurship. Pi Slice is a web based social platform which represents a new channel of funding for Micro Finance Institutions. Its framework is a unique connecting system that links individuals and companies who wish to invest with MENA based MFIs that in turn use the funds to provide micro-credit to their customers.

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Page 1: BOLDtalks Innovation 2013

What is Innovation?

Page 2: BOLDtalks Innovation 2013

We have to learn the rules like a pro, so we can break them like an artist. Pablo Picasso

Page 3: BOLDtalks Innovation 2013

What is Social Responsible Innovation?

Page 4: BOLDtalks Innovation 2013
Page 5: BOLDtalks Innovation 2013

MARCH 2010

MARCH 2011

MARCH 2012

Page 6: BOLDtalks Innovation 2013

The MENA region is home to approximately:

370 million inhabitants of which at least

are estimated to live on less than

26 percent

USD $2 /day

Page 7: BOLDtalks Innovation 2013

6 million It is estimated that there are approx.

households eligible for a microfinance loan and that there is a gap of approx.

3 million potential microfinance customers in need of funding for a total of nearly

$3.5 billion in growth loan portfolio

Page 8: BOLDtalks Innovation 2013

Pi Slice is a web based social platform which represents a new channel of funding for Micro Finance Institutions.

Page 9: BOLDtalks Innovation 2013

MENA INTERNET USAGE MENA ONLINE BUYING MARKET

72 MILLION Internet Users

58 MILLION Social Media Users

2+ HOURS Online Daily

14% USERS Buy Online

$91 BILLION Online Transactions

PI SLICE OPPORTUNTIY

ENGAGE

50 MILLION

PEOPLE

Page 10: BOLDtalks Innovation 2013

JOB CREATION FOR MICRO-ENTREPRENEURS DIRECT FAMILY CLOSE COMMUNITY GOVERNMENT

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What are the Challenges?

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.. And what are the Lessons?

Page 14: BOLDtalks Innovation 2013