One year after the launch of the government program to convert Uruguay in a innovation hub, the first signs on that path begin to be harvested. In just a period of 15 days, the country will be the scene of several announcements regarding financing for startups technological, positioning it at the forefront of the region.
On Monday a delegation from the government of USA will come to Uruguay with a specific objective: to announce at the Punta Tech Meet event – created by Sergio Fogelof dLocaland Pablo Brenner of Free market– that the country will lead a network of investors aimed at mobilizing risk capital for local and regional entrepreneurs, on the one hand; and, on the other, support the creation of a regional accelerator of startups.
The text also details that, through the Regional Accelerator and Investor Network, Uruguay Innovation Hub “It will bring together promising entrepreneurs from the region, provide training, seed capital and facilitate connections with private sector investors.” “The objective is to benefit hundreds of startups and mobilize additional capital to promote economic development in the region,” he emphasizes.
For its part, LAB+ Ventures, the incubator created by the research center Pasteur Institute and the signature of Ficus Advisory investment will close its first round of capital integration in 15 days to startups biotechnological.
The investments will be allocated to “proto-enterprises”. These are “scientific projects that we want to transform into scientific-technological based companies through a strong contribution of very interesting money, in a very short period of time, so that they can move towards being 100% private companies,” explained the director. from the Pasteur Institute, Carlos Batthyany.
Just a month ago, in addition, the Uruguay Innovation Hub government program attracted the interest of 14 business accelerators to promote startups local, after it launched a call for applicants and received proposals from more than 10 countries, among which stand out Argentina, Brazil, Canada, Colombia, Spain, United States, Israel and Swiss.
Source: Ambito
