By Tim Binkert & Clinton Parks
May 10, 2016
Founding any new business is extremely difficult and more hard work than most people can imagine. Founding a new technology-based business is arguably tougher than that, and founding a tech hardware (rather than software) venture even tougher than that. But perhaps the toughest of all is developing and scaling a technology-based hardware venture in remote areas with scarce resources for the benefit people living in extreme poverty.
A new report from FSG, Hardware Pioneers: Harnessing the Impact Potential of Technology Entrepreneurs, funded by The Lemelson Foundation, investigates the obstacles specific to these hardware pioneers–people working on toilets, lighting, clean water and other innovations that if brought to scale could have major impact on the health, lifespan, and productivity of the world’s poor.
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