ABOUT THE PROGRAM
Start-Up Brasil, a National Startup Acceleration Program, is an initiative of the Brazilian Federal Government, created by the Ministry of Science, Technology and Innovation (Ministério da Ciência, Tecnologia e Inovação – MCTI), managed by Softex and partnering with accelerators, to support new technology-based companies: startups.
Startups have the role of constantly revitalizing the market, but they need a healthy environment to develop and be successful. The accelerators play in this context as a market-oriented agent, usually in the private sector and with capacity for financial investment, and have the function of directing and strengthening startups’ development.
Start-Up Brasil is part of TI Maior, a strategic program of software and IT services, which is one of the initiatives of the National Strategy od Science, Technology, and Innovation (Estratégia Nacional de Ciência, Tecnologia e Inovação – ENCTI), which selects the best TIC’s among priority programs to boost the Brazilian economy.
For further information about TI Maior, click here.
HOW IT WORKS
The program happens through year-long editions. In every edition there are two public call for entries: one to evaluate and train accelerators and another to select startups with rounds every semester.
PHASE ONE – ACCREDITATION OF ACCELERATORS
In this phase, accelerators are evaluated, according to a specific edict, to be partners in the program and be responsible for the process of accelerating startups.
Startup acceleration is a quick process that seeks to develop a market oriented product/service with the support of mentors, investors and business and technology investors.
To access the current edict for the accelerators and find more information about the qualification process, click here.
For information regarding the accelerators that have been accredited for the program, click here.
PHASE TWO – STARTUP SELECTION
After training the accelerators, national and international startups are selected to be supported by the program (as much as 25% are approved). This phase happens twice a year, once for each semester.
For further information about the edital and the application process, click here.
PHASE THREE – ACCELERATION
In this phase, the process of acceleration happens. Over a period of up to 2 months, the startups have access to as much as R$200K in funding for research and development to be distributed among their professionals. They also participate in a series of events and activities promoted by the program do train entrepreneurs and introduce them to clients and investors from the International Hub in the Silicon Valley, USA.
Furthermore, the startups receive financial investments and have access to such services as infrastructure, mentoring and training in exchange for a percent of stock partnership. Alongside the accelerators, the companies are also accompanied by managers within of the program.
For further information about startups supported by the program, click here.