Canarias Latam Tech: Launching Pad for Latin American Startups Eyeing Europe

In a bid to weave tighter technological ties across the Atlantic, the Canary Islands Government, through Proexca, is rolling out the red carpet for Latin American startups with the unveiling of Canarias Latam Tech’s second edition.
Canarias Latam Tech: launching Pad For Latin American Startups Eyeing Europe
Canarias Latam Tech Launching Pad For Latin American Startups Eyeing Europe

This pioneering softlanding program aims to catapult high-growth startups into the European market by leveraging the Canary Islands as a springboard. Selected companies will embark on an exploratory mission to the Canaries in June 2024, with an application deadline set for April 14, 2024.

The initiative promises a deep dive into the Canarian tech ecosystem, featuring a packed agenda with workshops on European market entry strategies, networking with strategic partners, and a chance to shine at the South Summit in Madrid. This global platform for innovators and disruptors offers unparalleled opportunities for networking and international visibility.

The inaugural call for Canarias Latam Tech resonated loudly within the Latin American tech community, drawing over a hundred startups to apply for this cross-continental venture. Out of these, 11 were chosen, with four currently in the process of establishing their roots in the archipelago, capitalizing on the unique advantages Canarias offers as a tech hub and gateway to Europe.

The Canary Islands stand out not only for their natural beauty but also as an innovation hub with top-tier infrastructure and an attractive fiscal regime for innovative companies, featuring a corporate tax rate of 4% and significant R&D deductions. This combination of factors makes the Canaries a fertile ground for business expansion and technological development.

Feedback from previous participants, like Marcos C. Vargas from FractalUp and Diego Amondaray from Nippy, highlights the uniqueness of the Canaries as a strategic and promising business destination for startups with European ambitions.

Proexca is deeply committed to guiding each startup on its journey into the European market, providing personalized advice and access to a vibrant tech ecosystem. Canarias Latam Tech is not just an expansion opportunity; it’s an invitation to join an innovative community looking towards the future.

For Latin American startups ready to make their international leap, the Canary Islands emerge not just as a destination but as a strategic partner on their path to global success. Discover more about how to participate in this transformative initiative at https://proexca.es/canariaslatamtech/.

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