Uruguay XXI created its Portfolio of Investment Projects to promote companies from all sectors of the country.
Uruguay XXI launched a new portal for your Project Portfolio, which seeks to connect local companies with international investors to facilitate public and private opportunities for companies in the country.
The promotion agency investments, exports and country image thus presented a portfolio that includes various projects, from state-owned, technology and biotechnology-based startups, companies in mature sectors (agribusiness, industry, tourism, real estate, among others) and companies in bankruptcy.
The web portal, the first of its kind, is in Spanish and English and enables the registration of both parties, allowing local firms to showcase projects to a network of investors from abroad looking for opportunities in the country. To access, you must go to the organization’s website.
How the portal works for companies and investors
From Uruguay XXI They specified that the information that companies complete on the portal will generate a summarized presentation in both languages. Thus, it will be the decision of whoever completes the information if it is visible to all registered investors or only to those who sign a confidentiality agreement.
In parallel, investors who register will be able to access a broad multi-sector portfolio of investment opportunities. investment. Thus, when you express interest in a company, Uruguay XXI will be in charge of putting them in contact with the person authorized by the company so that they can move forward with a private negotiation.
Business creation advanced in the second quarter
It is worth remembering that the INE reported that during the second quarter of the year 9,850 were born in the country companies, an increase of 8.58% compared to the period between January and March. Thus, they reached a total of 183,830, compared to the 182,464 that the organization had surveyed in the first quarter of 2023.
According to the report of the INE, In the same period, 6,231 firms closed, a decrease of 13.42% if the previous quarterly data is taken into account. At the same time, between April and June, 9,918 firms began to cease work, which represents an increase of 8.06% compared to the previous data, and 1,434 restarted their activity, a quarterly variation of 17.64%.
Source: Ambito
