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New report mapping the ecosystem of social innovation in Latin America

Author: The Institute for Social Innovation and the Multilateral Investment Fund (MIF)
Published Date: 3 March 2015

The Institute for Social Innovation and the Multilateral Investment Fund (MIF), a member of the IDB Group, presented the report Social innovation in Latin America that analyzes trends internationally developing innovative projects that have a social mission in Latin America and maps the main actors of the ecosystem. Two cases of social innovation highlighted in the region, which have been supported by MIF: Socialab (Chile) and Compartamos with Colombia (Colombia).


The document provides a guide to academic debate on the meaning, scope and ways of measuring social innovation, within Latin America. It also provides a map of the ecosystem of social innovation (promotion, financing, incubation and development of the sector) to visualize the main stakeholders in the region.


The study aims to define and analyze social innovation projects based on five variables: (1) the social impact, (2) economic sustainability, (3) the type of innovation, (4) intersectoral collaboration and (5) the innovation ability to scale up and / or be replicated.


The five variables are illustrated in the report with a number of examples of social innovation in Latin America, and later served as a model for the analysis of Socialab and Compartamos cases, proposing an evaluation methodology for social innovation projects in Latin America


Download the report in Spanish or click here for more information.