Category

Development Area

Business Innovation Community

ECOSystem

Business Innovation Community

Description

In addition to facilitating access to knowledge through direct corporate advice, one of the most valuable elements that the IES Foundation can provide to the companies it works with is access to a network of solid dynamic companies, committed to growth and generation of opportunities.

This corporate social capital is crucial for the creation of a business ecosystem that favors the creation and consolidation of business communities through the articulation of actors who, on the one hand, facilitate the access of dynamic companies to knowledge and the best possible markets for their business turnaround and, on the other, represent medium and long-term business opportunities.

Objective

The aim of the Business Innovation Community is to contribute, on the one hand, with access to knowledge, networks and contacts, that facilitate the Bolivian impact companies growth and consolidation and, on the other hand, the construction of a business citizenship that values the role of companies in development.

Methodology

The construction of the Business Community will be sustained in the following activities:

  • The execution of events in which the actors can meet, understand, value each other, and also share information and knowledge that will allow them to achieve coordinated actions.
  • The circulation of information and knowledge.
  • Others to be defined according to the requirements and suggestions of the community members.
Target Group

Companies and business development institutions that are directly and indirectly related to the IES Foundation in all its areas.

FuckUp Nights

ECOSystem

FuckUp Nights

Background

FuckUp Nights was launched in Mexico in 2012, when 5 friends chatting in a bar, decided that they had already talked too much about success and that it was time for everyone to tell their stories of failure. The conversation was so inspiring that they decided to meet again, two weeks later, with more friends. They asked three of them to share their biggest failures, and that was the first FuckUp Night. From them on they decided to hold a monthly event, which was so successful that people from all over the world asked to take FuckUp Nights to their cities. Today FuckUp Nights are held in over 252 cities in 80 countries.

Description

The movement seeks to promote knowledge and shared experiences so as generate valuable information for both start – up and established entrepreneurs. In these events, businessmen and businesswomen tell their stories of failure and share the lessons learned both in their professional and personal life.

Objective

The goal of FuckUp Nights as a global movement is the demystification of failure as something bad in the lives of entrepreneurs and people in general.

The FUN Model

Due to the characteristics of the franchise, the event is held in an informal environment, in which the attendees can enjoy good food and drink. To date, different bars and restaurants have hosted the event in their facilities as a sign of their commitment to developing new opportunities in the country.

In this context, four entrepreneurs present in a 7 to 10-minute period their experience of failure, as well as the most important lessons to be learned. The presentations are accompanied by a presentation consisting basically on photographs. After each presentation the entrepreneurs answer questions from the public. During and after the event, an interesting space for networking and for attendees to get to know each other experiences and talk about it.

Target Group

The movement is aimed at 3 types of people: those who failed, those who will fail and those who lie.

Results

In Bolivia, since 2015, FuckUp Nights has been organized by the IES Foundation which, to date, has organized 17 events in the cities of La Paz, Cochabamba, El Alto and Tarija, with over 60 exhibitors sharing their stories of failure. More than 1,400 people have participated. Thirteen of these events were organized with entrepreneurs and, due to the versatility of the methodology, 4 were held as special events with themes related to independent media, project evaluation, financing and international cooperation.

And we are going for more!