InovAtiva Brasil opens registration for the second Acceleration Cycle

 

Interested parties have until June 27 to register for InovAtiva Brasil (www.inovativabrasil.com.br), the largest acceleration program in the country, InovAtiva Brasil. Startups from all over the country and from any sector of the economy can compete for one of the 300 spots for the program that provides training, mentoring and connection to those selected.
 
Created in 2013 by the Ministry of Industry, Foreign Trade and Services, InovAtiva Brasil is a program that helps and guides beginner entrepreneurs with good technology but little business knowledge, offering training and mentoring for the establishment of new innovative businesses.
 
According to Minister Marcos Pereira, InovAtiva Brasil is a robust public policy that has the potential to considerably increase the number of innovative and competitive Brazilian companies in the global market in the long term. “This is the fourth year of the program and there are already several successful cases of participating startups, including some opening markets abroad,” he said.
 
This is the first time that InovAtiva opens a second Acceleration Cycle in the same year. The first edition of 2016, which runs until August 29, selected 300 startups from 21 states, among the 1,372 projects submitted. According to the Ministry's Secretary of Innovation and New Business, Marcos Vinícius de Souza, there is no news in the world of another public program that offers a complete cycle of acceleration, with training, mentoring and connection for startups, on the scale of 600 companies per year such as InovAtiva will start in 2016. For Souza, achieving this goal demonstrates the maturity reached by InovAtiva as a truly large-scale and nationwide acceleration program.
 
Startup projects that have innovative businesses with a maximum annual turnover of R$ 3.6 million and that have not received investment in third-party participation (angel investor, investment fund) above R$ 500 thousand can submit projects.
 
The program provides world-class training in innovative entrepreneurship through free courses and other activities; access to national and international mentors; connection with potential partners, investors and large companies; support for internationalization; and additional benefits for startups in other public and private partner programs.