Accelerators and Company Builders play an important role in the early stage ecosystem, providing funding and opportunities for entrepreneurs who might not otherwise have access to capital.
The 2016 LAVCA Accelerator Directory includes verified accelerators based in Latin America or those accelerators with specific programs dedicated to the region, as of September 2016. Profile details include name, website, headquarters, equity stake, capital investment, coworking space, program duration, contact, and more. Apply filters for a more detailed search.
Need to update information for future editions of the LAVCA Accelerator Directory? Please contact LAVCA.
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Coworking Space:
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- 6 months or less
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Program Duration:
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500 Startups
The 500 Startups accelerator program is a 4-month program which provides access to mentorship, hands-on sessions with startup experts, and office space. The accelerator investment is US$100k net of fees (or US$125k gross) for 5% of the company. It hosts the accelerator program in Mountain View, San Francisco and Mexico City.
Partners: Bedy Yang
Cities: Mountain View, San Francisco, CA, S?o Paulo
HQ: USA
Equity Stake: Yes
Equity Percent: 5%
Capital Investments: Yes
Capital Investment Amount: $125k
Fee: $25K
Program Duration: 4 months
Coworking Space: Yes
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500 Startups Mexico
The 500 Startups Accelerator experiments with early-stage startup formulas for explosive growth with a mixture of up to US$250K in funding, mentors & designers in residence, platform-specific strategies for customer acquisition, a creative workspace and lots more.
Partners: Santiago Zavala
Cities: Mexico City
HQ: Mexico
Equity Stake: Yes
Equity Percent: 5%
Capital Investments: Yes
Capital Investment Amount: $65k
Fee: N/A
Program Duration: 4 months
Coworking Space: Yes
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85 Labs
85 Labs is an accelerator that invests in digital startups that aim to scale globally. With a well thought out methodology and hands-on approach, 85 Labs offers mentoring with professionals in diverse areas, training, educational programs and workshops, as well as a coworking space. In addition, it provides an investment between R$20k and R$40k, in exchange for 8% to 18% of each startup.
Cities: Fortaleza
HQ: Brazil
Equity Stake: Yes
Equity Percent: 8% - 18%
Capital Investments: Yes
Capital Investment Amount: BRL 20K - BRL 45K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 85 3067-1000
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Access Latina
Access Latina is a non-profit accelerator that empowers Latin American women in Puerto Rico, US mainland and Latin America by providing access capital, knowledge acquisition and public policy. The program also provides investment resources to women-owned businesses with high-growth potential via a yearly competition in agriculture, social innovation and STEAM industries. Although Access Latina does not invest directly, it provides capital through grants, loans, crowdfunding round with Kiva Zip, and other accelerators.
Portfolio:
IX-Style, Concalma, Lux Beauty Club, Agropek
Cities: San Juan, New York, NY, Washington, DC, Florida, Boston, MA, Texas
HQ: Puerto Rico
Equity Stake: No
Equity Percent: 0%
Capital Investments: No
Capital Investment Amount: No
Fee: No
Program Duration: 1 year
Coworking Space: Yes
Phone Number: (787) 9460066
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ACE
ACE is a complete ecosystem for high-impact entrepreneurs, with solutions for each of the stages of startup maturity.
ACE University: For entrepreneurs in the ideas stage and professionals looking for ways to boost their careers through innovation, ACE University is content rich center looking to increase the knowledge of entrepreneurs.
ACE Start: The acceleration program lasts an average of four months and prepares entrepreneurs for growth. The entrepreneurs do not have to give up any equity in their startup, and have the full support from the ACE team and mentors.
ACE Growth: With an average duration of 6 months, it provides opportunities for daily interaction with the acceleration team and more than 100 mentors and 60 partners that offer more than R$300k in benefits. At this stage, ACE invests R$150k for 10% equity.
Partners: Pedro Waengertner, Mike Ajnsztajn
Cities: S?o Paulo, Curitiba, Goiania, Rio de Janeiro
HQ: Brazil
Equity Stake: Yes
Equity Percent: ACE Start: 0% ACE Growth: 10%
Capital Investments: Yes
Capital Investment Amount: ACE Growth: BRL 150K
Fee: N/A
Program Duration: ACE Start: 4 months ACE Growth: 6 months
Coworking Space: Yes
Phone Number: 11 3262-4118
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Acelera Cimatec
Founded in 2012, Cimatec aims to stimulate the development and consolidation of startups over a 12 month program. The accelerator focuses on microelectronics, embedded systems and high-performance computing in Internet of Things; Robotics and Automation; Equipment for the Oil & Gas industry; Telecom; Software and 3D Printing.
Cities: Bahia
HQ: Brazil
Equity Stake: Yes
Equity Percent: 10% - 20%
Capital Investments: Yes
Capital Investment Amount: BRL 20K - BRL 70K
Fee: N/A
Program Duration: 12 months
Coworking Space: Undisclosed
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Acelera MGTI
Acelera MGTI was formed Assespro-MG, Fumsoft, SINDINFOR e Sucesu Minas. During its 6 month acceleration process, startups receive R$25k in seed funding, technical support and mentoring with trained and experienced professionals in a coworking space in exchange for 4% of their company.
Partners: Daisy Melo
Cities: Belo Horizonte
HQ: Brazil
Equity Stake: Yes
Equity Percent: 4%
Capital Investments: Yes
Capital Investment Amount: BRL 25K
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
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Acelera Partners
Acelera Partners is a post-acceleration program for growing companies that have already found their market niche and need to scale (preferentially across borders). Candidates must have minimum monthly revenue of R$10k and at least 2 founders must be committed full-time to the company. The program provides product support, coworking space, access to customers, legal and financial advisory services, and access to BizSpark, through which startups receive up to US$750 per month of free Microsoft Azure cloud services for 3 years.
Partners: Daniel Ibri, Beny Rubinstein
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: Yes
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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Aceleradora de Empresas ITESO
Aceleradora de Empresas ITESO provides support to established businesses seeking rapid growth.
Cities: Jalisco
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Aceleradora de PwC Mexico
PwC Mexico offers an acceleration program for Mexican technology-based companies in Health, Energy, Cloud, Big Data & Cyber Security, Smart Technologies & Materials and Fintech. Candidates must have a solid track record in order to apply. The acceleration process consists of a mentoring program and expert advice focused on strengthening business strategy, financial structure and operational processes of the company.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 5263 5877
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Aceleradora Nacional FUMEC-TechBA
TechBA program was created in 2004 by FUMEC and the Mexican Ministry of Economy with the aim of facilitating access to global dynamic ecosystems for Mexican tech companies. TechBA’s acceleration program has eight offices in: Arizona, Austin, Seattle, Silicon Valley, Michigan, Montreal, Vancouver and Madrid.
Partners: Lilia Marcela Arechavala Vargas, , , , , ,
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 5200 0560
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Agora Partnerships
Agora Partnerships is an impact accelerator that provides high-potential, early and growth-stage LATAM companies solving social and environmental challenges with in-depth consulting support and access to mentors, investors, and a global community of peers divided into a 1 week retreat + 3/4 month consulting + participation in Impact Investing conference.
Partners: Ben Powell
Cities: Mexico City, Washington DC, Managua, Nicaragua
HQ: USA
Equity Stake: No
Equity Percent: 0%
Capital Investments: No
Capital Investment Amount: No
Fee: $950
Program Duration: 6 months
Coworking Space: No
Phone Number: 2270-2700
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AgroStart
AgroStart is an initiative of BASF, in partnership with ACE to develop and promote startups that have digital solutions for Agribusiness. The program extends to all of Latin America and happens in a period of up to six months. Selected startups will receive funding, methodological support, network of specialized mentors, access to market, and can rely on the know-how of BASF and ACE throughout the process. At the end of the program, BASF will evaluate investment opportunities in the most successful projects. The entrepreneur will also have the possibility of establishing partnerships with BASF in search of funding, purchase or distribution of its products and / or services, in addition to expanding its business to 20 countries.
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: BRL 150K
Fee: No
Program Duration: 6 months
Coworking Space: Undisclosed
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Alcazar Compañía – NETBA
NETBA is both an incubator and an accelerator. It provides acceleration programs for companies that have:
– More than MXN 2M in annual sales.
– At least 2 years in the market.
– At least 5 employees or at least 3 operating outlets (owned or franchised)Partners: [email protected]
Cities: Puebla
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: Undisclosed
Phone Number: +52 (55) 5264 0888
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ALEB Investments
ALEB’s business incubator and accelerator offers strategic advice, infrastructure, and financial, legal and operational support with an advisory board of experts in different areas of business.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 55 55410279
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Ambar Negocios
Founded in 2012, Ambar offers acceleration and incubation programs for startups with a proven business model, and to those in the idea stage.
Partners: Ulises Jaso
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 8000.3760
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Artemesia
ARTEMISIA’s acceleration program works with impact startups with the potential to transform Brazil. This intensive program offers business model definition, access to a network of mentors, team training, fine-tuning of social impact, and connections with investors, managers and partners. ARTEMISIA does not take a shareholding position for itself in the accelerated companies, but there is a R$3k fee for the entrepreneurs. It selects companies from all over Brazil. Entrepreneurs must be available to participate in the three in-person modules that happen in São Paulo.
Partners: Renan Costa Rego, , , , , ,
Cities: S?o Paulo
HQ: Brazil
Equity Stake: No
Equity Percent: 0%
Capital Investments: No
Capital Investment Amount: No
Fee: BRL 3,000
Program Duration: 3 modules with duration of 2 days each.
Coworking Space: No
Phone Number: (11) 3812-4303
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Auge
Founded in 2012, AUGE is the accelerator of University of Costa Rica. It provides training, promotes entrepreneurship within the University, and drives innovative and dynamic projects to contribute to inclusive and sustainable development organizations. AUGE offers its programs twice a year with a maximum of 15 projects per batch.
Cities: San Jose
HQ: Costa Rica
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 4 - 8 months
Coworking Space: Yes
Phone Number: 2511-1334
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Baita Aceleradora
The acceleration process at Baita is a collaborative experience between entrepreneurs, mentors and managers. This process lasts from 6 to 12 months, depending on the nature of the market and the complexity of the product /service offered.
Cities: Campinas
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 6 - 12 months
Coworking Space: Undisclosed
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Berrini Ventures
Berrini Ventures is an accelerator dedicated to working with health startups to solve the greatest challenges of the health system. The 6-month program offers access to an angel and business network, mentorship, 1 on 1 meetings, demo days, etc.
Partners: Fernando Cembranelli, MD, Carlos Zago, MD, , , , ,
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: Yes
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 6 months
Coworking Space: Undisclosed
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BOMBAcamp
BOMBAcamp is a digital innovation accelerator focused on generating successful products and services for corporate enterprises. Geared toward startups in Latin America, the program awards US$25k to up to 20 selected startups a year. It has two programs: BOMBAstars, an intense 3 month acceleration program and a 1 week acceleration program. Startups are vetted twice a year.
Partners: Alfredo Osorio, Mijael Feldman
Cities: Santiago
HQ: Chile
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: $25K
Fee: N/A
Program Duration: 3 months
Coworking Space: Undisclosed
Phone Number: 9 5699 0502
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boostLAB Powered by BTG Pactual
boostLAB is a potentialization program, focused on helping around 5 startups per semester to achieve higher levels of growth and scalability. Very intensive on the selection and mentorship of the participants.
Partners: Frederico Pompeu, Renato Mazzola, Gustavo Roxo, Marcelo Flora, José Vita
Cities: Sao Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: No
Program Duration: 5 - 6 months
Coworking Space: Yes
Phone Number: +55 11 3383-2608
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Branson Centre of Entrepreneurship – Caribbean
Branson Centre of Entrepreneurship – Caribbean offers acceleration for entrepreneurs in the scale-up phase. They support the development of entrepreneurs through our unique combination of three core activities:
– Training entrepreneurs to structure their business for growth
– Helping entrepreneurs with governance and decision making through our mentorship programme; and
– Preparing entrepreneurs to capitalize on investment opportunitiesHQ: Jamaica
Equity Stake: No
Equity Percent: 0%
Capital Investments: Yes
Capital Investment Amount: $30K+
Fee: No
Program Duration: 1 year
Coworking Space: No
Phone Number: +1 876 632 5134
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Business Coaching Firm
Business Coaching Firm is a business accelerator that provides strategic tools and networking for SMEs that are at least two years old. It also provides training course on sales, finances, communication and teamwork.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 55 5336 5224
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Capria Accelerator
Capria Accelerator is the first global business accelerator for impact funds. Capria mentors and supports first and second fund managers backing businesses that impact low-income people in Latin America, as well as Sub-Saharan Africa and South/SE Asia. Capria provides US$250k – US$500k in risk capital and significant multi-year acceleration services and receives a share of management revenues and profits from the created fund(s) in return. It looks to align interests based on each fund manager’s long-term success and therefore does not charge any upfront fees to participate.
Partners: Dave Richards, Will Poole
Cities: Seattle, WA
HQ: USA
Equity Stake: N/A
Equity Percent: Share of management revenues and profits
Capital Investments: Yes
Capital Investment Amount: $250k - $500k
Fee: N/A
Program Duration: 10 - 15 years
Coworking Space: Yes
Phone Number: 2064836595
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Carao Ventures
Carao Ventures is a venture capital firm and accelerator that supports high potential entrepreneurs in Latin America.
Partners: Allan Boruchowicz, Adrián García
Cities: San Jose
HQ: Costa Rica
Equity Stake: Yes
Equity Percent: 5% - 15%
Capital Investments: Yes
Capital Investment Amount: $250K - $1.5M
Fee: No
Program Duration: 6 - 8 months
Coworking Space: Yes
Phone Number: (+506) 4032-1880
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CEI – Centro de Emprendimiento e Innovación
CEI was created by the University for International Cooperation. It offers incubation and acceleration programs for business enterprises.
Partners: Boris Cabezas
Cities: San Jose
HQ: Costa Rica
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: (+506) 2283-6464 ext. 133
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CESAR Labs
CESAR Labs is the acceleration program of the company CESAR. It supports enterprises with advanced technology through training, coworking infrastructure and laboratories, networking and up to R$30k in seed capital. In exchange, CESAR can take anywhere from 15% to 40% of each company, depending on its stage.
Partners: Filipe Pessoa
Cities: Pernambuco
HQ: Brazil
Equity Stake: Yes
Equity Percent: 15% - 40%
Capital Investments: Yes
Capital Investment Amount: BRL 30K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 81 3425.4700
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Cinépolis Accelerator
Launched in partnership with BlueBox, Cinépolis Accelerator offers a four month growth program for two startup categories: 1. entrepreneurs who can provide solutions to the operation of Cinépolis; and 2. those that are generating technological disruptions within their industry. Category 1 participants have the opportunity to run a pilot program paid for by Cinépolis, and gain access to an internal network of business contacts. Category 2 participants receive equity free MX$315k for startup expenses and lodging in the city of Morelia, mentoring by corporate executives and industry experts, as well as a business trip to Silicon Valley.
Cities: Morelia
HQ: Mexico
Equity Stake: No
Capital Investments: Yes
Capital Investment Amount: US$17k
Fee: No
Coworking Space: Yes
Phone Number: (+52) (443) 962-9452
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CITES Startups
CITES Startups is a technology-based startups acceleration program for LATAM entrepreneurs. With a hands on approach, it provides up to US$500k of investment and incubation space with access to exclusive equipped laboratories, mentors and business and technology management.
Cities: Sunchales, Santa Fe, Buenos Aires
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up to $500K
Fee: N/A
Program Duration: 4 months
Coworking Space: Yes
Phone Number: (03493) 42-0900
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CREEA Aceleradora
Founded in 2014, CREEA Mexico accelerates innovative startups. It supports with recruitment and selection of talent, search for external financing, generation of business plans, training courses, organizational psychology and market research.
Partners: Xavier Jara Castillejos, , , , , ,
Cities: Puebla
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 22 2247 0005
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Darwin Starter
In partnership with Cetip, Darwin Starter offers a five month acceleration program in Florianópolis-SC. Startups receive up to R$350k in in-kind services and tools and R$170k in funding to accelerate the evolution of each company, and the opportunity to work in a co-working space.
Cities: Florianopolis
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: R$170k
Fee: Undisclosed
Coworking Space: Yes
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EmprendeFCh
EmprendeFCh is Fundación Chile’s business accelerator, a space that draws, picks and supports innovative high-impact ventures to develop new projects in Chile and around the world. The program is aimed for idea stage projects, that can access services, networks, relevant knowledge and financing for up to US$60m Chilean pesos through the SSAF-I Fund at Corfo.
Cities: Santiago
HQ: Chile
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up ot CLP$60m
Fee: Undisclosed
Coworking Space: Yes
Phone Number: (+56) 2 22 400 300
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FabriQ Aceleradora
FabriQ Aceleradora believes and promotes digital entrepreneurship in Northern Brazil. FabriQ’s acceleration program tests ideas to transform them into validated business models. The program also offers a coworking space and mentor network.
Cities: Manaus
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: (92) 3213-8309
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Feher & Feher
Founded in 2002, Feher & Feher is both an incubator and an accelerator. It specializes in offering the following sectors: business strategy, finance, design, legal, retail, marketing, information technology, food and beverage and services, among others. The firm has 11 projects in course and has worked with eight companies.
Partners: , , , , , ,
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 55458289
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Finnovista
Finnovista’s accelerator program offers 10 fintech startups per year mentorship, office space and US$20k for 6-8% of equity. Their Scale up program offers 5 fintech startups per year US$30k in funding and in-kind services in exchange for 1.5-4% equity.
Partners: Andres Fontao, Fermin Bueno, , , , ,
Cities: Madrid, Mexico City
HQ: Spain
Equity Stake: Yes
Equity Percent: Accelerator: 6%-8% Scale up: 1.5% - 4%
Capital Investments: Yes
Capital Investment Amount: Accelerator: $20k Scale up: $30K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: Spain: (+34) 619 175412 Mexico: (+52) 55 84212568
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Fortante Management
Founded in 2013, Fortante Management provides acceleration programs for Mexican fintech startups. The startup can be in any stage of its development.
Partners: Maria de Lourdes, , , , , ,
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 5661 0291
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Gema Ventures
Gema Ventures’ acceleration program offers seed capital, mentorship and workshops in areas such as business models, customer development, design thinking, UX / UI, lean analytics, online advertising and SEO. It also provides legal, accounting and commercial support, covering all costs in a period of 18 months.
Partners: Luisa Ribeiro, , , , , ,
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: Yes
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
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Germinadora
Germinadora offers a pre-acceleration 12-week program for idea and early stage startups. The program is done twice a year in Germinadora’s coworking space and costs R$1,200 per person.
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: BRL 1,200 per person
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 11 3170-3240
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Ginga – Aceleradora Escola
Ginga is a course-oriented acceleration process targeted towards entrepreneurs and professionals who want to develop their ideas. Each Ginga season lasts 3 months and accepts 150 students. Participants explore new contents every week, meet amazing people and are inspired. Ginga students have access to more than 60 courses.
Cities: Belo Horizonte
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: BRL 949
Program Duration: 3 months
Coworking Space: No
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Globant Ventures
Globant Ventures was born as the investment arm of Globant, investing in tech startups predominantly in Latin America, focused in high impact emerging technologies with sustainable value propositions and sound management teams. The acceleration program offers mentoring, training, coaching, a co-working space, and works intensively with each management team through periodic meetings, providing access to networks, opportunities, and potential new investors. Globant Ventures typically invests in the range up of US$25k to US$75k in equity or convertible debt in exchange for a minority participation. Globant Ventures was selected by Argentina Federal Government (FONDCE) in order to co-invest in startups up to US$100k each with a minimum of 3 investments per year and a maximum of 10.
Partners: Gustavo Martello, Martin Umaran, Alejandro Scannapieco
Cities: ARGENTINA: Buenos Aires, Bahía Blanca, Córdoba, Tucumán, La Plata, Mar del Plata, Mendoza, Resistencia, Rosario and Tandil. COLOMBIA: Bogota, Medellin. MEXICO: Ciudad de Mexico. CHILE: Santiago de Chile. PERU: Lima. BRAZIL: Sao Paulo. USA
HQ: Argentina
Equity Stake: Yes
Equity Percent: 10% - 15%
Capital Investments: Yes
Capital Investment Amount: $75K - $100K
Fee: No
Program Duration: 9 - 12 months
Coworking Space: Yes
Phone Number: (+54 11) 4109 1700 ext. 18148
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Google Launchpad
Google Launchpad Accelerator is a six-month acceleration program that includes mentorship and access to Google Product Managers, a startup package of equity-free funding, product credits (e.g., Google Cloud), and access to our full suite of Launchpad initiatives and connections. This all kicks off with an all-expense-paid trip to Google HQ in Mountain View to collaborate with Google engineers/product managers and regional VCs. The program lasts six months and is done on a scale that leverages all that Google has to offer; including the expertise of Google engineers, product managers, and trusted experts in Google’s extended network. Launchpad Accelerator is specifically targeting companies that already have a product and are primed to scale. Currently, only technical startups from Brazil, India, Indonesia, and Mexico are eligible for selection.
Partners: Roy Glasberg, Jose Papo
Cities: Mountain View
HQ: USA
Equity Stake: No
Equity Percent: 0%
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 6 months
Coworking Space: No
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HubBog
HubBOG’s 10 week acceleration program offers mentorship, coworking space, workshops, pitch training, networking events, and an optional 4 day immersion program in Silicon Valley.
Cities: Bogota
HQ: Colombia
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 10 weeks
Coworking Space: Yes
Phone Number: (1) 6014826
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I3 LATAM
I3 LATAM is an initiative of the Swiss Agency for Cooperation and Development, Ashoka , New Ventures and Hystra, aimed at supporting social enterprises that are working to create solutions to meet the needs of low-income people and promote entrepreneurship social in Latin America. The program selects social enterprises in Latin America to have the opportunity to receive personalized advice to structure its Strategic Plan and resolve the critical point that limits their growth. Startups also travel to New York and to the Latin American Impact Investment Forum (FLII) to link up with potential partners and investors.
Partners: Jimena Hernandez (New Ventures Mexico)
Cities: Mexico City
HQ: Mexico
Equity Stake: No
Equity Percent: 0%
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 6 months
Coworking Space: Undisclosed
Phone Number: 56 04 55 55
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Ideas Factory AR
Ideas Factory supports entrepreneurs from the pre-acceleration of their ideas to their incubation and subsequent acceleration / financing. The program doesn’t have calls or batches, it receives new projects throughout the year. The selection process closes on the 20th of each month to define projects that enter the program on the following month.
Cities: Buenos Aires
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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Imagine Business Lab
Imagine Business Lab is Microsoft’s incubator and business accelerator in Chile. It accelerates startups by providing subsidies, knowledge, commercial networks and investment, thanks to key partnerships with relevant players in the global entrepreneurial ecosystem.
Cities: Santiago
HQ: Chile
Equity Stake: Yes
Equity Percent: 7%
Capital Investments: Yes
Capital Investment Amount: CLP 60M
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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Impulsa Aceleradora de Negocios
Impulsa Mexico was founded in 2004 as a provider of solutions to SMEs. It has supported more than 500 companies through its accelerator program. Impulsa services include incubation, acceleration, coaching, consulting and training. Its Accelerator Program 2.0 provides SMEs with assessment, finance and a generation of new opportunities.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 55 24-0072
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Incutex
Incutex is a company builder in Argentina. Each year it selects 3 startups for its training program, working intensively with each team through weekly meetings and constant monitoring. Incutex invests an initial capital of US$100k and US$150k in in-kind services in exchange for 10% to 30% of each company.
Partners: Juan Santiago, Walter Abrigo, Gabriela Fernandez, Eduardo Coll
Cities: Cordoba, Buenos Aires
HQ: Argentina
Equity Stake: Yes
Equity Percent: 10%-30%
Capital Investments: Yes
Capital Investment Amount: $100K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: (351) 589-7070 ext 1919
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InovaBra
InovaBRA is Bradesco Bank’s open innovation program aimed at supporting companies with transformative solutions applicable – or possibly applicable – to the financial services industry. Eligible companies should have at least one beta product related to financial products and services. The program lasts 6 months, during which the product is adapted to the needs of clients. At the end of the program, companies that successfully complete its solutions will be able to market their products to Bradesco. In addition, the bank may become a strategic investor.
Cities: S?o Paulo
HQ: Brazil
Equity Stake: No
Equity Percent: No
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 10 months
Coworking Space: Undisclosed
Phone Number: (11) 3684 9312
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InQlab
InQlab identifies teams and ideas in the early stages and supports them with funding and strategic assets to facilitate their successful development in Colombia.
Partners: Gregorio Marquez
Cities: Bogota
HQ: Colombia
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Instituto Politécnico Nacional (UPDCE)
Instituto Politécnico Nacional (UPDCE) provides acceleration programs for Mexican startups.
Partners: Lic. Francisco, Melo Fragoso
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: Undisclosed
Phone Number: (+52) 57296000 ext. 57002
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Instituto Quintessa
Instituto Quintessa is an accelerator that supports social or environmental impact businesses. With a customized approach and a close contact with the entrepreneur (weekly, hands-on, for two years in average), it works with entrepreneurs in management support, entrepreneur development, mentoring and networking.
Partners: Anna de Souza Aranha
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 2 years
Coworking Space: Undisclosed
Phone Number: 11 2371-1888
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Jardin de Innovacion/ Smart Impact Accelerator
Jardin de Innovacion runs the accelerator program Smart Impact Accelerator. It is a mentor driven early stage, impact accelerator based in Mexico City. Their primary focus is supporting entrepreneurs in transforming their innovative ideas into successful sustainable world changing companies. Its program provides access to a series of workshops, entrepreneurship events, training days, a seasoned mentor, speaker and coach network, funding services and a collaborative co-working space.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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Jump Brasil
Founded in 2015, Jump Brasil is an initiative of Porto Digital Management Unit (NGPD), the State of Pernambuco through its Department of Science and Technology (SECTEC), Jereissati Participations S.A and the Brazilian Talent Institute (ITB). Its acceleration program aims to provide support for startup development over a period of five months, through training, mentoring and coaching. It also invests BRL 40K in exchange for 6% to 12% of each company.
Partners: Pedro Henrique Macedo Sampaio
Cities: Recife
HQ: Brazil
Equity Stake: Yes
Equity Percent: 6% - 12%
Capital Investments: Yes
Capital Investment Amount: BRL 40K
Fee: N/A
Program Duration: 5 months
Coworking Space: Yes
Phone Number: (81) 3216 9011
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Katapult Accelerator
Katapult Accelerator is a global accelerator that aims to fast-track solutions to global problems
within both environmental and societal domains. It supports startups that can address these
problems with exponential technologies, particularly AI, blockchain, VR/AR and applications relating to the IoT area.Partners: Haakon Brunell (CEO & Managing Partner) & Sean Percival (Operating Partner)
Cities: Olso
HQ: Norway
Equity Stake: Yes
Equity Percent: 6-8%
Capital Investments: Yes
Capital Investment Amount: USD 150,000
Fee: No
Program Duration: 12 weeks
Coworking Space: Yes
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Kruger Labs
Kruger Labs aims to promote the entrepreneurial ecosystem in Ecuador and help startups with seed capital, mentoring, know-how, workshops, exposure to investors and a coworking space.
Partners: Ernesto Kruger
Cities: Quito
HQ: Ecuador
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 2 3830050 EXT 134
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LP Hub
LP HUB encourages innovation through Incubation and Acceleration programs for startups and entrepreneurs.
Cities: La Plata
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 11 52756157
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Magical Startups
Magical Startups is a business accelerator looking for digital-technology startups with a global vision. Through the fund SSAF Corfo, it can provide up to CLP60M per company, other than strategic advise, a strong network of mentors, experts and large companies, in addition to connecting to additional sources of financing.
Partners: Juan Orlandi
Cities: Santiago
HQ: Chile
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up to CLP 60M
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 2 28645681
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Magma Partners
Magma Partners’s accelerator program is for seed stage startups. Four companies are selected for a six month intensive acceleration program directed by entrepreneurs who have successfully created and/or sold their own companies. The program provides a place for to work and access to a network of global contacts. Magma Partners focuses on two main niches: B2B startups that attack the Latin American market or startups that have their base in Latin America, but whose target market is the US/Europe/China.
Cities: Santiago
HQ: Chile
Equity Stake: Yes
Equity Percent: 7%
Capital Investments: Yes
Capital Investment Amount: CLP 5.5M - CLP 12.5M
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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MassChallenge México
MassChallenge is a non profit that accelerates over 300 startups per year across its accelerators in Boston, London, Jerusalem, Geneva, and Mexico City. MassChallenge does not take any equity or place any restrictions on entrepreneurs. The program provides startups with the access and resources they need to succeed – from free office space to mentoring, workshops and global network access.
Partners: Camila Lecaros
Cities: Mexico City, Boston, MA, London, UK, Jersulaem, UK, Geneva, Switzerland
HQ: USA
Equity Stake: No
Capital Investments: No
Fee: Yes
Coworking Space: Yes
Phone Number: (+52) (55) 6845 8841
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MidStage Ventures
MidStage Ventures is a company builder focused on early stage companies, either tangible product or apps/software/systems/ecommerces. Its process is comprised of 6 steps in 2 stages. In the first first, MidStage Ventures makes sure the product has a steady flow from idea to validation, through a pre operation process. After the companies reach the operation stage, it will invest cash, if needed. The amount will depend on needs and interests of both parties. MidStage is not obligated to invest, but will invest, co invest or find investor as the startups reach this stage.
Cities: Vitoria, Curitiba, Los Angeles, CA
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: Brazil: (+55) 27 4141-3929 USA: (+1) 323 686-1809
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Momentum Project
Momentum Project is an initiative of BBVA Bancomer, New Ventures and Tec de Monterrey’s EGADE Business School aimed at supporting social enterprises that meet the following conditions:
– At least 2 employees.
– Minimum annual turnover of 1,500,000 Mexican dollars.
– < 50% third-party support (grants or subsidies). - > 2 years of operation.
– Relevant social impact, economically sustainable, innovative and scalable.
– Activity and impact in Mexico.Cities: Mexico City
HQ: Mexico
Equity Stake: No
Equity Percent: 0%
Capital Investments: Yes
Capital Investment Amount: MXN $250K
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
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Mountain Nazca
Mountain Partners AG teamed up with NAZCA Ventures to form Mountain NAZCA, a company builder based in Latin America with local hubs in Mexico, Chile and Colombia. The firm now operates company builders in Mexico and Chile and is ready to launch in Argentina.
Portfolio:
BlueSmart, Nubleer, Voxfeed, Petsy, Nubelo
Cities: Mexico City , Santiago, Chile, Bogota, Colombia, Buenos Aires, Argentina
HQ: LATAM
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Mtsportech
Mtsportech is the first accelerator focused on the sports industry in Mexico. The accelerator selects 16 startups, that gain access to a five day program with mentorship in design and business strategy; finance, legal and tax; marketing, sales and implementation and business plan. The program has the support of the government of Mexico City, Blue Box and Capital MX.
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: No
Program Duration: 5 days
Coworking Space: No
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Naranya LABS
NaranyaLABS is a global mobile commerce startup accelerator for high growth economies. NaranyaLABS is a part of Naranya, the biggest mobile commerce company in Latin America. After an initial investment somewhere in the area of $40,000 per company, Naranya then provides each startup with mentorship, support, and a network of contacts to help create value quickly.
Cities: Monterrey
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: $40K
Fee: N/A
Program Duration: 4 months
Coworking Space: Undisclosed
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Naranya LABS
NaranyaLABS is a global mobile commerce startup accelerator for high growth economies. NaranyaLABS is a part of Naranya, the biggest mobile commerce company in Latin America. After an initial investment somewhere in the area of US$40k per company, Naranya then provides each startup with mentorship, support, and a network of contacts to help create value quickly.
Cities: Monterrey
HQ: Mexico
Capital Investments: Yes
Capital Investment Amount: US$40k
Fee: Undisclosed
Program Duration:
Coworking Space: Undisclosed
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NAVE – Axtel Future Factory
NAVE is Axtel’s accelerator program. It seeks to work with startups in big data, enterprise mobility, internet of things, social networking, security and virtualization. The 4 month program offers training, mentoring, validation and MX$100k in seed capital.
Cities: Monterrey
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: MXN 100K
Fee: No
Program Duration: 4 months
Coworking Space: Yes
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NEOS Aceleración de la UTM
NEOS is an accelerator that supports entrepreneurs, companies and organizations through consulting and comprehensive monitoring with the aim of reaching innovative and scalable business ideas.
Partners: Teresa Tello
Cities: Merida
HQ: Mexico
Fee: Undisclosed
Coworking Space: Yes
Phone Number: (+52) 999 940 61 15 Ext. 2100
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Nerdcube
Nerdcube closely trains and assists each of its companies to find the best alternatives for the development of the idea, both in technology and in business strategy. Startups are offered a coworking space and initial funding. In addition, through agreements with acamica and their own content, entrepreneurs can receive training in: New Technologies, Entrepreneurship, Agile Methodologies, Lean Management.
Cities: San Juan
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 9 264 510-5069
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New Ventures
Founded in 2005, New Ventures is an impact accelerator focused on social and environmental companies. It accelerates an average of 50 companies per year on diversified sectors including agribusiness, bio-fertilizers, education, ecotourism, health, forestry and clean tech. New Ventures doesn’t directly fund startups, but provides access to sources of funding. New Ventures also runs a regional accelerator once a year in partnership with the Swiss Development Corporation, where they accelerate 10 impact companies per year.
Partners: Rodrigo Villar Esquivel, Erik Wallsten
HQ: Mexico
Equity Stake: No
Equity Percent: 0%
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 4 to 6 months
Coworking Space: Yes
Phone Number: 55 56 04 55 55
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New Ventures Startups
New Ventures Startups is a 5 month seed accelerator program for social enterprises. It offers financing in seed money to launch a pilot, mentoring and strategic advice, work space, technological tools, legal, and design, workshops and networking with key stakeholders in the impact ecosystem.
Cities: Mexico City
HQ: Mexico
Equity Stake: No
Equity Percent: 0%
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 5 months
Coworking Space: Yes
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Njambre Factoria
Njambre is an impact innovation factory. It identifies problems, ideas and people with potential co-create innovative social companies. During the 12 month acceleration program startups receive services such as a coworking space, marketing, distribution, communication, human resources, negotiation with potential- investors, and access to networks and opportunities. Each startup receives, to the extent of their needs, financial support in the form of convertible debt.
Partners: Paula Cardenau, Emiliano Fazio, Federico Seineldin
Cities: Buenos Aires, Rosario, Medellin, Colombia
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Convertible debt
Fee: N/A
Program Duration: 12 months
Coworking Space: Yes
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NXTP Labs
NXTP Labs invests in sectors such as consumer internet services, mobile and technology companies, software and games, online marketing and advertising, social media, e-commerce and marketplace, media and entertainment, B2B, and new retail and services. It has invested in Argentina, Chile, Colombia, Uruguay, and San Francisco-based companies. The accelerator provides US$25k in exchange for two to ten percent of the company. NXTP Labs was founded in 2011 and is based in Buenos Aires, Argentina with an additional office in Santiago, Chile, in Uruguay, Colombia and Mexico.
Partners: Ariel Arrieta, Gonzalo Costa, Francisco Coronel, Marta Cruz, Magnus Arantes (Brazil)
Cities: Buenos Aires, S?o Paulo, Brazil
HQ: Argentina
Equity Stake: Yes
Equity Percent: 2%-10%
Capital Investments: Yes
Capital Investment Amount: $25K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 11 5278 3248
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NXTP Labs + Tokai Ventures AgroTech Accelerator
AgroTech Accelerator Program is an initiate from NXT Labs and Tokai Ventures. The 6-week program focuses on the following sub-sectors: biotech, decision support technology, drones and robotics, food e-commerce, IT applications, big data, analytics and AI, soil and crop technology, risk management, and sustainable materials. The accelerator will accept 10-20 companies from Argentina and Uruguay, and it will invest between US$25k and US$150k into each from NXTP’s fund.
Cities: Buenos Aires, Montevideo
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: $25k - $150K
Fee: N/A
Program Duration: 6 weeks
Coworking Space: Yes
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Orion Startups
Orion Startups is a business acceleration program for early stage startups powered by Tec de Monterrey. Its 5 months acceleration program is structured in a way that all teams must define a working plan, attend to weekly scrum meetings, startup talks, one on ones with the staff, founders meetings, plus other events. At least one member of the teams is required to stay in Chihuahua, Mexico, during the whole program. Orion invests US$30k in every team in exchange for 2% to 10% of equity in the company, and every team must cover US$8k for the accelerator program. It also provides office space, infrastructure and communication services. Orion selects 5 projects per acceleration batch.
Cities: Chihuaha
HQ: Mexico
Equity Stake: Yes
Equity Percent: 2% - 10%
Capital Investments: Yes
Capital Investment Amount: $30k
Fee: $8k
Program Duration: 5 months
Coworking Space: Yes
Phone Number: 614 439 5000 Ext 5526
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Outsource Brazil
Outsource Brasil’s acceleration program aims to build business maturity and attract investors, strategic partners and customers, primarily in the U.S., and specifically in Silicon Valley. Besides training and mentor networks, the program offers a co-working space and at least R$20k, in exchange for 5 to 10% of the company and at least 2 board seats.
HQ: Brazil
Equity Stake: Yes
Equity Percent: 5% - 10%
Capital Investments: Yes
Capital Investment Amount: BRL 20K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 21-2266-3130
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Oxigenio Aceleradora
Oxigenio is a startup accelerator created by Porto Seguro, in partnership with Plug and Play Tech Center, one of the largest accelerators in Silicon Valley. 5 startups are selected per batch. These companies receive US$50k in capital and are accelerated for three months in São Paulo. After that, the entrepreneurs go to Silicon Valley in a second stage of acceleration, for up to three months within the Plug and Play.
Partners: Italo Flammia
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: 10%
Capital Investments: Yes
Capital Investment Amount: $50K
Fee: N/A
Program Duration: 3 months
Coworking Space: Yes
Phone Number: 11 2393-5000
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Oxy Aceleradora
Oxy accelerates startups that have an innovative business model with high social or commercial impact through a 6 month program. It operates in the training of entrepreneurs in the conceptualization, validation, structure, traction and expansion of their startups.
Partners: Sidharta Costa Pinto
Cities: Salvador
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
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Pipa
Pipa’s acceleration process consists of regular meetings with the acceleration team. In addition, entrepreneurs have access to a wide mentor network and strategic partners of Pipa (Google, Microsoft, Endeavor, Aspen Networks of Development Entrepreneurs, Global Accelerator Network, among others.) Pipa also offers housing, lunch and office space days during the period of acceleration.
Partners: Dhaval Chadha, Tiago Mabilde, Florencia Estrade
Cities: Rio de Janeiro
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up to BRL 20k
Fee: N/A
Program Duration: 4 - 8 months
Coworking Space: Yes
Phone Number: 21 2148.0200
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Polymath Ventures
Polymath is a company builder for emerging economies. It builds businesses from the ground up to scale massively across Latin America. Polymath designs the venture concepts in-house, finds founding talent to lead them, works full-time alongside the founders from pre-launch through early operations, and brings together the necessary capital to ensure success.
Partners: Wendy Cai, Craig Edelman, Ash Kirvan, Carlos Fernandes de la Pradilla, Kevin McElroy
Cities: Bogota
HQ: Colombia
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Quasar
Quasar was the first company builder in LATAM. It creates businesses from scratch, identifying the industry, choosing the team, and guiding it through execution. Between two and three companies are created per year.
Partners: Andy Freire, Santiago Bilinkis, Pablo Simon Casariano
Cities: Buenos Aires, San Mateo, CA, Sao Paulo, Brazil
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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SEED
SEED – Startups and Entrepreneurship Ecosystem Development, is a Minas Gerais Government program to encourage the creation and development of the startup ecosystem. Each batch, 40 startups are selected for a 6 month acceleration program. Each startup receives up to BRL 80k equity-free funding, customized mentoring, entrepreneurial, coworking space, and access to a wide network.
Cities: Belo Horizonte
HQ: Brazil
Equity Stake: No
Equity Percent: 0%
Capital Investments: Yes
Capital Investment Amount: BRL 60k - BRL 80k
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
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Sensecube
SenseCube is an accelerator program for social start-ups. It supports innovative entrepreneurs, using digital technologies to mobilize strong communities and solve social and environmental issues.
Partners: Fernanda Castillo
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Social Atom Ventures
Together with Ruta N Medellin, Social Atom Ventures’ acceleration program provides a non-equity grant of $12,000, seed capital of $13,000 in the form of a standard convertible note at the same terms as other participating investors, $70,000 in cloud service credits from leading providers, two-year advisory agreement in exchange for 3 – 9% of equity with two-year vesting, and an initial immersion of 16 weeks in Medellin and one of Socialatom’s additional location such as New York, Boston, Silicon Valley or elsewhere in Latin America.
Cities: Medellin, New York, Boston, Silicon Valley
HQ: Colombia
Equity Stake: Yes
Equity Percent: 3% ? 9%
Capital Investments: Yes
Capital Investment Amount: $12,000 (non-equity grant) + $13,000 (convertible note)
Fee: N/A
Program Duration: 16 weeks
Coworking Space: Yes
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Socialab
Socialab seeks to generate positive social impact globally by supporting innovative and sustainable seed stage social enterprises. It supports entrepreneurs so that they can go from idea to prototype, prototype to pilot and pilot to scalable solutions.
Cities: Buenos Aires, Santiago, Chile, Bogota, Colombia, Mexico City, Mexico, Montevideo, Uruguay
HQ: Argentina
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Softlandings Uruguay
Softlandings Uruguay’s program aims at identifying, attracting, supporting and financing entrepreneurs and companies so that they set up in Uruguay or take the country as a platform for their global business. The program offers office space, meeting rooms, shared secretary services, specific consultancies for the business’ development and networking. It also provides up to S40,000 in non-refundable funds to set up and start the business.
Cities: Montevideo
HQ: Uruguay
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up to $40k
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 2601 3724 int. 1123
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Start Up Farm
Founded in 2011, Start Up Farm offers a 5-week acceleration program for innovative startups with revenues under R$300k. The program offers a coworking space, over US$600k in in-kind services with major partners such as IBM, Google, Amazon, Microsoft and SendGrid, media exposure, and up to 2 years of follow-up and support in attracting investments. At least two members of the team must fully participate in the program.
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Yes
Equity Percent: 10%
Capital Investments: Yes
Capital Investment Amount: BRL 50K
Fee: N/A
Program Duration: 5 weeks
Coworking Space: Yes
Phone Number: (11) 98331-0715
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Start You UP
Founded in 2012 in Vitoria, Espirito Santo, Start You Up focuses in discovering and developing innovative and scalable businesses. It has accelerated companies from the US, Europe and Latin America entering Brazil. The program is focused on helping startups that are beyond the idea stage get their products completed, refined and take them to market. Start You UP accelerates startups from all over Brazil through a mixed program consisting of intensive immersion sessions in Vitória and remote access.
Cities: Vitoria, Las Vegas, NV
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Coworking Space: Yes
Phone Number: (+55) (27) 3019-7996
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Startup Mexico
Startup Mexico is a private program backed by both the federal and local (Mexico City) governments. Their first campus is a 35,000 sq. ft. facility specially designed to host aspiring entrepreneurs with services (such as accounting, legal, mentors, design, etc.), seed capital funds, university initiatives and corporations in one place. They plan to create 50 new companies in 2016 (program will start in July) and host at least 100 others. They also plan to help over 1,000 entrepreneurs with their online learning center. The program does not take any ownership stake in its incubated companies.
Partners: Marcus Dantus
HQ: Mexico
Equity Stake: No
Equity Percent: 0%
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 6 months
Coworking Space: Yes
Phone Number: Mexico City: +52 55 6728 0633 Merida: +52 99 9688 6157 Leon: +52 477 577 3264
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Startup Studio
Startup Studio’s 20 week acceleration program offers counseling, technological resources, links with the industry and overall entrepreneurial ecosystem, as well as access to a network of mentors and investors. Selected startups are also offered a coworking space in Monterrey. In exchange, Startup Studio asks for 6% of each company.
Cities: Monterrey
HQ: Mexico
Equity Stake: Yes
Equity Percent: 6%
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: 20 weeks
Coworking Space: Yes
Phone Number: (81) 2139 3045
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StartupLab
Founded in 2010, StartupLab is a high impact incubator offering a 20-week acceleration process with coworking space, training and consulting for startups in e-commerce, social companies, content generation and mobile platforms and government solutions.
Cities: San Luis de Potosi
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 20 weeks
Coworking Space: Yes
Phone Number: 444 244 - 0985
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Sýndreams Aceleradora
Sýndreams’ acceleration process is carried out with the Lean Startup methodology. It happens in 3 steps within 6 months, with an investment from Sýndreams and an investment counterpart from the entrepreneur. The program is focused on entrepreneurs who want to develop an idea, and to companies that want to innovate through new products and services, in the areas of creative economy, healthcare and agribusiness.
Cities: Santa Barbara d'Oeste
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: R$15k
Fee: R$1,770 + 4% of the the startup's first 4 months of revenue
Program Duration: 6 months
Coworking Space: Yes
Phone Number: (+55) 19 98343 2533
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Syndreams Aceleradora
Syndreams’s acceleration process is carried out with the Lean Startup methodology. It happens in 3 steps within 6 months, with an investment from Syndreams and an investment counterpart from the entrepreneur. The program is focused on entrepreneurs who want to develop an idea, and to companies that want to innovate through new products and services, in the areas of the creative economy, healthcare and agribusiness.
Cities: Santa Barbara d'Oeste
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: BRL 15K
Fee: BRL 1,770 + 4% of the the startup's first 4 months of revenue
Program Duration: 6 months
Coworking Space: Yes
Phone Number: 19 98343.2533
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TakeOff Volares Accelerator
Take Off is Volaris’ accelerator for the Travel Tech industry. It was launched in partnership with BlueBox with the aim promoting and supporting projects in three strategic lines: technology platforms or applications that improve airline processes, new marketing channels for products, and improvements in user experience before, during and after a flight.
Cities: Tijuana, San Francisco, CA, San Jose, Costa Rica, Guatemala City, Guatemala
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Tec de Monterrey Accelerator Network
Tecnologico de Monterrey’s acceleration model seeks to offer companies consulting services, backed by a highly specialized network of consultants working with the entrepreneur to develop three fundamental pillars: Market Vision, Innovation, and Financial Management. The programs function throughout Mexico.
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
Phone Number: 271 71 7 05 01
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Techmall
Techmall is a business accelerator located in Belo Horizonte. Its 12-month program offers infrastructure, methodology, financial investment, mentoring, workshops, partner benefits, events and connections to startups.
Cities: Minas Gerais
HQ: Brazil
Equity Stake: Yes
Equity Percent: 5% - 15%
Capital Investments: Yes
Capital Investment Amount: BRL 20k - BRL 100k
Fee: N/A
Program Duration: 12 months
Coworking Space: Yes
Phone Number: (31) 2510-1418
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Triple Seven Accelerator
Triple Seven works closely with each startup throughout the acceleration process, providing the necessary resources for the project’s success. It believes that each startup is unique, with different challenges, and so the program offers customized solutions ranging from strategy to execution. Startups are also offered a co-working space.
Partners: Rubens Medrano Filho, Gilberto Fischel, Vitor Kawamura, Ana Paula Wey Perez
Cities: S?o Paulo
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: 11 3064-4724
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UDD Ventures
UDD Ventures’s accelerator works with innovative enterprises of all industries. However, it has a special focus on healthcare. The program offers workshops, networks, relevant knowledge, coworking spaces, and financing for up to CLP$60m.
HQ: Chile
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Up to CLP 60M
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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Unreasonable México
Unreasonable Mexico is an impact accelerator. 14 entrepreneurs are selectected for a mentor-intensive, 5 week program, where they work under-the-same-roof.
Partners: Raúl de Anda, Jose Medina
Cities: Aguascalientes
HQ: Mexico
Equity Stake: No
Fee: Yes
Coworking Space: Yes
Phone Number: (+52) 44917 59185
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UTEC Ventures
UTEC Ventures is an accelerator based out of the Universidad de Ingeniería & Tecnología in Lima, Peru. It offers founders access to a respected network of mentors, investors and connections to prominent local business groups. It also provides legal and accounting services, coworking space, hands-on support, community and public relations services. Through its relationship with UTEC, founders also have access to industrial and prototyping laboratories.
Partners: Andrés Benavides, Gonzalo Villarán
Cities: Lima
HQ: Peru
Equity Stake: Undisclosed
Fee: Undisclosed
Coworking Space: Yes
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Variv Capital
VARIV has developed a hybrid model that stands between a traditional VC and a company builder. It incubates two companies a year, with a mobile focus.
Partners: Cristian Cortes Valdes
Cities: Mexico City
HQ: Mexico
Equity Stake: Yes
Equity Percent: Yes
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Ventiur
Ventiur aims to transform ideas into highly profitable businesses. Ventiur’s acceleration process is divided into two major steps:
– In the first, called Warm-up, the entrepreneur is trained and challenged to develop the Business Model, test the hypotheses, validate the value proposition, listen to potential customers, create minimum viable product and validate the business idea .
– In the second stage (Go Hard), selected startups receive financial investment and the monitoring of executive teams and mentors to develop their business.Partners: Sandro Cortezia ([email protected]), Tiago Lemos ([email protected])
Cities: S?o Leopoldo, Porto Alegre
HQ: Brazil
Equity Stake: Yes
Equity Percent: 10% - 20%
Capital Investments: Yes
Capital Investment Amount: BRL 40K - BRL 120K
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
Phone Number: (51) 3212.8956
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Victoria147
Founded in 2012, Victoria147 is a training, incubation, acceleration and networking platform that focuses on the development and empowerment of entrepreneurial and executive women in Mexico.
Cities: Mexico City
HQ: Mexico
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Village Capital
Village Capital finds, trains, and funds early-stage entrepreneurs solving major global problems. It builds communities around entrepreneurs to improve business success. For every program, Village Capital selects up to 12 ventures working to solve different problems in a specific sector (agriculture, education, energy, financial inclusion, or health). At the end of the program, entrepreneurs rank each other through peer review, and the top two receive an initial $50- 150K investment from VilCap Investments and a co-investor.
Partners: Amanda Jacobson
Cities: Washington DC
HQ: USA
Equity Stake: No
Equity Percent: 0% for participanting only
Capital Investments: Yes
Capital Investment Amount: Top two peer-selected ventures receive initial$50- 150K investment from VilCap Investments and a co-investor
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Undisclosed
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Vrainz Accelerator
Founded in 2009, Vrainz’s acceleration program focuses on Internet and mobile companies. It has a presence in 12 countries in Latin America, working in more than 18 strategic alliances with major telecom and digital media companies in the region. It offers coworking space, mentor network, and financing opportunities.
Partners: Javier Guevara
HQ: LATAM
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: Yes
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: Undisclosed
Coworking Space: Yes
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WAM – Worth a Million
WAM was born with a central motivation: impact a million people in ten years. WAM is a pre-accelerator for startups and social businesses. Participants will have weekly meetings for three months, and remote monitoring at any time that challenges arise for a low WAM has a low fixed price, which covers the costs of the accelerator’s operations, and a share in the revenues of the companies.
Partners: Valentim Biazotti
HQ: Brazil
Equity Stake: Undisclosed
Equity Percent: Undisclosed
Capital Investments: No
Capital Investment Amount: No
Fee: Yes
Program Duration: 3 months
Coworking Space: Undisclosed
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Waves
Waves provides funding and a bridge between Silicon Valley & Latin America in a 4 month acceleration program. It offers a top-notch network and experience with advising, partnerships, and follow-on investment. It selects up to 7 companies twice a year in order to be full hands-on. Waves works really close with each team in an intensive and personalized mentorship program. For their commitment, they ask between 5 and 10% of common stock.
Cities: Lima
HQ: Peru
Equity Stake: Yes
Equity Percent: 5% - 10%
Capital Investments: Yes
Capital Investment Amount: $20k - $250k
Fee: N/A
Program Duration: 4 months
Coworking Space: Undisclosed
Phone Number: 988082145
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Wayra
Wayra is a start-up accelerator that promotes entrepreneurship and accelerates disruptive start-ups in Europe and Latin America. Wayra’s acceleration program gives its users funding up to 50,000 U.S. dollars, a place to work, mentors, business partners, access to a global network of talent, and the opportunity to reach millions of Telefónica customers in exchange for 7% to 10% of each startup. WBI – Business Innovation proposes an entrepreneurial acceleration and support program to connect the Ibero-American ecosystems. During the one year program, the staff and mentors work closely with each company to support on tactical and strategic issues central to each business, in exchange for 7% – 10% equity.
Cities: São Paulo, Buenos Aires, Mexico City, Santiago, Bogotá, Caracas, Lima
HQ: LATAM
Equity Stake: Yes
Equity Percent: 7%-10%
Capital Investments: Yes
Capital Investment Amount: US$50k
Fee: No
Program Duration: 6-8 months
Coworking Space: Yes
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WBI Business Innovation
WBI – Business Innovation proposes an entrepreneurial acceleration and support program to connect the Ibero-American ecosystems. During the one year program, the staff and mentors work closely with each company to support on tactical and strategic issues central to each business, in exchange for 7% – 10% equity.
Partners: Francisco Gonzalez, Richard Salazar
Cities: Caracas, Miami, FL, Valencia, Spain
HQ: Venezuela
Equity Stake: Yes
Equity Percent: 7% - 10%
Capital Investments: Undisclosed
Capital Investment Amount: Undisclosed
Fee: N/A
Program Duration: 1 year
Coworking Space: Yes
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WOW Accelerator
WOW is a different kind of accelerator. Its Porto Alegre program is maintained by a group of more than 50 investors, who are completely committed to the success of the accelerated companies. The 6-month acceleration program offers mentorship, networking, training, and an investment of R$50k to R$150k in exchange for 10% to 20% of each company.
Partners: Test partner
Cities: Porto Alegre
HQ: Brazil
Equity Stake: Yes
Equity Percent: 10% - 20%
Capital Investments: Yes
Capital Investment Amount: BRL 50K - BRL 150K
Fee: N/A
Program Duration: 1 year
Coworking Space: Undisclosed
Phone Number: (051) 3018 7647
This information has been gathered by LAVCA in June/July 2016 from sources believed to be reliable and from secondary sources that were checked whenever possible, but its accuracy and completeness are not guaranteed. LAVCA shall not be responsible for any inaccuracy unintentionally included in this publication. Readers should consult and rely solely on their own advisers regarding all pertinent information, legal, and accounting issues.
© 2016 by the Latin American Private Equity & Venture Capital Association. All rights reserved.