Frugal Innovation

Nov 11, 2021, 5:00 – 6:00 AM

National Textile University, Sheikhupura Road, Faisalabad, 38000

Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a product. Usually this refers to removing nonessential features from a durable product, in order to sell it in developing markets. [Wikipedia]

In-person event

About this event

About Speaker: Mr. Zulfiqar Ahmed

Innovator and entrepreneur with 23 years of experience in various industries ranging from aerospace and banking to energy. I have full life-cycle experience in business formation, operations, finance and management. My skills include business problem solving, tech innovation, coaching, mentoring and process improvement both in private and in the social sector.

* Establishing and expanding small business operations

* Setting up strategic direction of a business

* Business problem solving using creativity

* Lifelong learner committed to staying on top of the best current and emerging businesses and

technology practices.

* Mentoring young startups in technology and in social enterprise sector.

About Topic: Frugal Innovation
Frugal innovation is the ability to generate considerably more business and social value while significantly reducing the use of scarce resources. It’s about solving—and even transcending—the paradox of “doing more with less”. Frugal innovation is a game-changing strategy for an “Age of Austerity” in which firms are being compelled by cost-conscious and eco-aware consumers, employees, and governments to create offerings that are simultaneously affordable, sustainable, and of high quality. Even more than a strategy, frugal innovation is a whole new mindset, a flexible approach that perceives resource constraints not as a debilitating challenge but as a growth opportunity. [INSEAD]

Location: National Textile University, Faisalabad
Time: 10:00 AM - 11:00 AM

Date: November 11, 2021
Who Should Attend: Students, Researchers, Professionals, Startup Founders, Entrepreneurs

Check out what happened


  • Zulfiqar Ahmad

    Innovation Lab



  • Altaf Hussain

    Startup Grind Faisalabad




Thursday, November 11, 2021
5:00 AM – 6:00 AM UTC


  • Farhan Tufail

    Chapter Director

  • Rehan Mushtaq

    Chapter Co-director


Digital Faisalabad logo

Digital Faisalabad

Connect Ventures logo

Connect Ventures

Innovation Lab logo

Innovation Lab

AWS Scouts logo

AWS Scouts

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