Media Information

Press Release

BoP Hub Ltd, Singapore develops the 3rd edition of BOP World Convention & Expo event to bring policy makers, business leaders, social entrepreneurs, innovators, to share ideas, co-create new solutions, products, services for consumers and entrepreneurs at the base of the pyramid (BoP). In doing so, BoP Hub works closely with partners/NGOs/local statutory bodies to develop unique models that dovetail with, and support initiatives to mainstream BoP.

Bophub Published E-Book:

Breaking New Ground at the BoP: BoP World Convention & Expo, Edition 1

Under the theme “The Future Inclusive Economy – Mass Collaboration Across All Sectors” the convention draws a distinction from other events. Its agenda focuses on innovative approaches to develop new models, take action to review shortcomings in our existing systems, jumpstart discussions on areas of consensus or disagreement to take action to co-create new solutions, further increase cross sector collaboration that will increase organizational productivity and sustainable growth.

Convention objectives:

  • Encourage participants to engage in main convention and workshops, work group discussions on building partnerships and to provide them with the necessary insights, solutions, for further collaboration.
  • Facilitate the development of a new generation of social entrepreneurs.
  • Fill key gaps in BoP opportunities, knowledge and strategies
  • Build awareness of the impact that new technologies have on BoP markets
  • Businesses & social entrepreneurs interaction, opportunities and overcoming
  • challenges, co-create new solutions, forge large scale cross innovation and bring it to action
  • Key sector topics: Water & Sanitation, Off-Grid Energy, Health, Education, Food & Nutrition, Distribution & Procurement.

Target

The event provides the ideal platform for social entrepreneurs, leaders from the business world, technology providers from the business world to build knowledge, share experience, ideas with industry players, professionals and partners, spawn new solutions, future strategies to take BoP business ventures, initiatives to a whole new level in the years ahead.

Local Community Engagement

An inclusive economy is one that makes services available to all, when and where they need them. This kind of on-demand economy is inherently more inclusive—both to service providers and to customers. It is also increasingly possible, as smart mobile tools and cloud-based IT platforms transform how we live and work. Early examples include ZipCar, Airbnb, Uber, GrabTaxi and its competitors, but the disruption of old economy sectors will not stop there. Inclusive, on-demand services are expanding into office space (WeWork, The Hub), financial services (M-pesa, Square, Klarna), public sector administrative procedures, healthcare, education, agriculture, and others.

A key characteristic of such inclusive models is greater efficiency, enables multi-stakeholder collaborations and lower costs, which is why they are disruptive and scalable. Indeed, inclusive on-demand models are arguably the future of the economy, including BOP segments, as smart mobile devices increasing penetrate even low-income households and logistic services expand into rural areas via drones and self-driving vehicles. In fact, it is likely that the inclusive economy is what will finally mainstream the BOP: an online platform does not care about your income level, your caste, or your ethnic background, just that you can provide or pay for a service.

This BOP World Convention & Expo will examine the nature of inclusive economies and their implications for the BOP. It will present current trends in many sectors, explore promising models that are already gaining traction in the BOP, and discuss others that are poised to transform opportunities for BOP populations while opening new markets for both social entrepreneurial ventures and established corporations.

The BoP 2016 World Convention will be a unique opportunity for participants to interact, share experiences and insights with our esteemed panel of professionals.

The opportunities for social entrepreneurship, investments, innovations and partnerships will continue to increase as BoP programs build up, designing business solutions to end poverty. Thanks to our all partners, sponsors, and participants at BoP World Convention 2016, this may soon be considered a given.

For more information please contact: convention@bophub.org

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