Health, Wellness & Fitness - Princeton, New Jersey, United States
Princeton Frugal Innovation Accelerator (PFIA) is based in the United States and was setup with the aim of fostering collaboration between entrepreneurs, inventors, governments, NGOs, philanthropies, and investors. The PFIA catalyzes and showcases low-cost breakthroughs that solve significant health problems to the global audience and attracts and supports entrepreneurs and help them build sustainable startups. PFIA also validates startup solution technology, and has experts design a business model and operating model that fits with local requirements for rapid adoption and scalability. In particular, the PFIA focuses on building breakthrough solutions that have high commercial value including because they are "frugal" – genuinely low-cost and fit for use in low resource environments.