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NUS-BOP HUB Joint Initiative on Social System Innovation

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Jack and the Beanstalk: �Rethinking Social Innovation for Optimal Impact �20th November 2020�12PM - 1.15PM

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Brought to you by

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. 

A Singapore-based business accelerator platform, BoP Hub’s mission is to create an efficient marketplace for communities at the base of the pyramid by supporting entrepreneurship, connecting partners and sharing resources.

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12:05PM�Welcome & Introduction to NUS-BOP Joint Initiative on Social System Innovation�by Mr Brian Koh (NUS Enterprise)

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12:10PM�Introduction to Base of Pyramid (BoP) Hub�by Mr Jack Sim (BoP Hub)

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12:20PM�Video Showcase

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12:25PM �Solution Sharing

by Mr Jack Sim (BoP Hub)

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Agenda

12:45PM�Q&A Session

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12:55PM�Short Introductory�by Ms Liu Yan (Project Lead at BoP Hub)

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1:00PM�Breakout Session with Participants

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Speaker

Jack Sim

Founder

World Toilet Organization &

Base of Pyramid (BoP) Hub

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BOP Entrepreneur

Change the World, Shape the Future

Adjunct Associate Prof Jack Sim

Founder of World Toilet Organization

& BOP HUB

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Half of all jobs in the world are affected by COVID-19.

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AI, Automation, Algorithm, Robots are also replacing human resources rapidly.

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How can we generate new jobs for everyone?

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The Base of the Pyramid is a large untapped market for potential job creating businesses

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Distribution of Wealth today

  • Richest 10% of the world own 85% of global household wealth
  • 26 richest billionaires own half the wealth (equivalent to 3,800,000,000 people)
  • Bottom half collectively owns barely 1%
  • The richest in the top 10% own 3,000 times more the wealth of an average person in the bottom 10%

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New

Economic Pillar

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How can businesses help them get out of poverty?

  • Access to Opportunities
  • Access to Skills and Training
  • Access to Markets & Customers
  • Access to Technologies
  • Access to Financing/ Investments
  • Access to Entrepreneurs network and models
  • Access to Infrastructures both physical and virtual

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Business Opportunities at the Base of the Pyramid

  • USD 150 billions of annual donations and foreign aid is given and yet, we continue to have 4 billion poor earning less than USD8 a day
  • 1 billion people living without electricity
  • 1.3 billion people living without lighting
  • 1.6 billion living without adequate housing
  • 2.5 billion living without toilets, 2 million died of diarrhea
  • 4 billion living without internet
  • 4.5 billion living without sewage treatment
  • 820 million living in starvation, 9 million died of hunger
  • 780 million living without clean water
  • 750 million uneducated
  • Problems are opportunities

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The Singapore Story

  • Teach a Man to Fish. Nothing is For Free
  • Third World to First World in 25 Years
  • Poverty alleviation through investment, vocational training, housing, health, education and good governance
  • China lifted 850 million people out of poverty
  • Rwanda, fastest growing state in Africa

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Standing on the Shoulders of Giants

  • 4,000 social entrepreneurs have potential innovative BoP solutions�
  • Thousands of corporations have interests in BoP�
  • Reuse and recycle proven solutions for scalability�
  • Ecosystem is more efficient than silos

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17 UN SDGs The World’s Biggest Open-Source Advertising Campaign

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Platforms Co-op. �What if the workers own the Apps?

Driver. Food Delivery. Hawkers. Customers.

All stakeholders can be shareholders.

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To prototype

To connect

To serve needs

To educate and train

To match resources & skills

To collaborate & innovate

co-working space

shared services

workshops

product design

networks

3D Fablab

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System Change Ecosystem consisting of: Ashoka, Skoll Foundation, Echoing Green, Schwab Foundation of World Economic Forum McKinsey, Harvard University etc.

  • Map, match, train
  • Align incentives
  • Transform challenges into sustainable marketplace

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Commitment with President Bill Clinton in 2011

BOP World Convention 2014 and EXPO 2016 graced by Mr Tharman Shanmugaratnam and Emeritus Senior Minister Goh Chok Tong

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Our Assets

  • Proven Social Business Models
  • Vast global support network of the competent & willing
  • Trust branding of Singapore
  • Strong academic background
  • Strong public policy model for balancing public and private goods
  • Hub of hubs location
  • Optimist and entrepreneurial culture
  • Money is available in investment, loans, equity, grants
  • Training and mentorships

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LIFE IS A SHORT JOURNEY, ACT NOW.

jacksim@worldtoilet.org

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Speaker

Liu Yan

Project Lead

Base of Pyramid (BoP) Hub

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Follow NUSBOP.JISSI on our channels!��Instagram: @nusbop.jissi�Facebook: @nusbop.jissi

LinkedIn: https://www.linkedin.com/company/nusbopjissi�

Reach out to us: �nus-bop@nus.edu.sg

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Thank You

See you on the 28th November!