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Finep has just launched the Public Notice for the second edition of the Espaço Finep Acceleration Program — an Innovation instrument created to promote the robust development of startups in a more agile time, involving their training, maturation of the business plan and enabling opportunities through the network.

In 2021, the Program brings news. After the first evaluation stage, which will select 30 proposals from among those registered, 10 will be chosen instead of the nine from the previous year to integrate the Acceleration Program. And the final prize, for those who successfully complete all the planned phases, will be R$ 150 thousand against the R$ 100 thousand in 2020. In addition, the strategic themes provided for in the Public Notice for companies wishing to compete were expanded. The cast of this second edition includes: Agritech, Edutech, Healthtech, Creative Industry, Fintech, Martech, among others.

The entire Program will last five months and will include three phases. The initial one is the so-called Value Proposition and Business Model, a stage of diagnosis of the Business Plan of the accelerated companies in terms of offer, positioning of their products and services and their strategies to meet a specific market demand, including production and commercialization.

The second is Training in Marketing and Sales, training in strategy and tactics on the subject, focusing on actions in the physical, virtual world and integrated actions, in order to assist startups in their dissemination and commercialization process.

And finally, the phase called Market Intelligence, consisting of lectures and business meetings. The stage aims to identify - based on Finep's technical and market knowledge and its network of relationships - of potential demands, offers, technological and commercial partnerships, as well as clients for startups.

Each stage will last approximately 40 days. At the end, companies must submit a Sales Pitch to an examining board (a structured and attractive proposal to expose the product or service to a potential customer) based on the knowledge acquired during the acceleration process. The startups that successfully carry out all the activities foreseen in the program and that have their Sales Pitch approved, will receive the Finep Space Award, in the amount of R$ 150 thousand.

Due to the restrictions necessary during the pandemic, the program will, at first, take place virtually. However, as soon as activities can be normalized, an in-person part will also be included. Finep created a physical environment entirely dedicated to the Program.

The selection schedule, strategic themes and all other details can be consulted in this Notice. The Proposal Submission form is available on here.

The winners of the first edition told their experience of participating in the program created especially for them by Finep. Access the video of disclosure to know.

Source: ABES Portal with Finep

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