PalmasLab: A Strategic Toolkit to Facilitate Innovation

For the third year in a row, a SIPA team has partnered with Instituto Palmas (IP) on a workshop project. IP is a large network of community development banks in Fortaleza, Brazil which provides access to financial services in poor communities. In 2012-13, IP established PalmasLab, a technology and innovation lab, to incorporate new technologies into their operations with the aim to increase their impact and to provide and promote best practices in financial inclusion. The SIPA Team developed a Strategic Toolkit that offers structured frameworks for current and future solutions development that integrate: Theory of Change and Vision Mapping exercises; a Strategic Solutions Development Process and a supporting case study; essential market research; and a pricing strategy for future products.