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13 Latin American startups -from Argentina, Brazil, Chile, Colombia, Peru, and Uruguay- were selected to take part in the first edition of the Spain-Latam Scale Up program, organized by Invest in Spain (a division of ICEX, the government agency that promotes investment in Spain), IDB Lab (the innovation laboratory of the Inter-American Development Bank) and Endeavor, the global organization that supports entrepreneurship.
According to a press release from Invest in Spain, in this program, the selected startups gain a deep understanding of the Spanish entrepreneurship ecosystem and have access to more than 40 exhibitors, including institutions, VCs, and successful startups from Spain and LatAm. The program started this November 14th, ends on November 18th, and takes place in Madrid and Barcelona. The selected startups have already been able to participate in meetings with Wayra (Telefónica’s accelerator), Google Startups Spain, La Liga, and other key players in entrepreneurship in the host country.
According to Invest in Spain, the program combines technical sessions, meetings, and networking activities. “At the end of the immersion program, the startups will have received key information about the business climate in the country and will have shared with experts the legal, operational, and technological aspects necessary to establish themselves in Spain as a bridge to the global expansion of their business,” they say.
The criteria for selecting the startups include scalability, financial capacity, and sustainability. Below are the participating startups from the region and their activity, according to the program’s website.
Accessin (Argentina): digitalization, administration and management of estates and sports clubs.
Chazki (Peru): domestic freight services, first mile and last mile, for retail, eCommerce and department stores.
Coally (Colombia): recruitment of young professionals through the use of artificial intelligence.
Elipse (Chile): artificial intelligence solutions to automate communications between health centers (public and private) and patients.
FractalUp (Peru): helps content creators and companies to reduce their cost of customer acquisition with an integral solution, by generating organic traffic via active communities (without needing programmers).
Keyper (Chile) (formerly Co-work): workspace services for organizations at every stage of their development, and turnkey consulting, design, construction, management and administration solutions for companies.
Koggi (Colombia): connection with the real estate industry (sellers, banks, insurers) allowing buyers to access better loans and smarter services for their homes.
ManejeBem (Brazil): generation of intelligence for the development of rural communities. Its solutions help structure agricultural production for profitability with social responsibility.
MuniDigital (Argentina): software development for governments, accelerating their digital transformation through GovTech and CivicTech.
TheEye (Argentina): automation of business processes with artificial intelligence, they help companies and startups to be more efficient, with a focus on profitability.
VU (Argentina): identity protection and fraud prevention. Products for identity authentication by combining cybersecurity controls with user behavior analysis.
Wenu Work (Chile): technology for visualizing and managing companies’ electricity consumption, which facilitates the search for savings opportunities, process improvements and mitigates environmental impact.
Zafrales (Uruguay): simplifying the hiring of temporary personnel for agricultural tasks through technology.
Main image: Invest in Spain.