Facing a spiral of poverty, 50 million people in the U.S. have little access to the basics – like healthcare, healthy food, and financial services – that would allow them to sustain their families and build better lives. In an era of budget tightening and political stalemate, faith in government solutions for the problems of low-income communities is stretched thin. The U.S. is facing many of the same problems that are prevalent in the developing world. Americans are waking up to a world that really IS flat. Social entrepreneurs have a solution: low-cost, frugal innovations to serve the critical needs of low-income communities closer to home.
Bottom of the U.S. Pyramid: Frugal Innovation for Our Communities
SOCAP Global November 2, 2012