Acceleratech receives funding to accelerate more than 50 new companies

 

Companies can apply until April 14

Acelera Partners, an accelerator created by the Brasil Acceledora de Start-ups fund, launched two weeks ago by Microsoft Ventures, BESAF – BES Ativos Financeiros, from Banco Espírito Santo, Qualcomm and AgeRio, will make a contribution to Aceleratech, an accelerator based on São Paulo and one of those selected by the Federal Government Program Start-UP Brasil. The investment should benefit more than 50 young companies in the first phase.
 
Aceleratech is considered the best accelerator in the country by BrazilFounders and becomes part of the Acelera Partners ecosystem. The network has R$ 15 million available for allocation to young technology-based companies that offer innovative products.   
 
In addition to the financial contribution to Aceleratech, Acelera Partners will be able to support the acceleration of startups served by the accelerator and successful projects will be able to receive investments from the fund. This is because the actions of Aceleratech and Acelera Partners are complementary. While the first makes contributions from R$ 20 thousand to R$ 50 thousand and four months of acceleration and mentoring focused on business growth, the second will be able to make contributions from R$ 120 thousand to R$ 3 million, with acceleration cycles of six months.
 
So far, there are almost 30 companies accelerated or in the process of being accelerated by Aceleratech, with 70% already earning or reaching breakeven. Registration for the fourth class goes until June 29.