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IDB Lab and Google Announce the First Batch of the LAC Women Founders Accelerator Program

10/06/2021 | 04:47pm EST
The program's Demo Day will take place during the IX WeXchange Forum, to be held virtually on December 1-2

WeXchange, the IDB Lab platform that connects women entrepreneurs in STEM from Latin America and the Caribbean (LAC) with mentors and investors, and Google, have announced the 20 women-led startups selected to participate in the first edition of the LAC Women Founders Accelerator program.

This program is a 100% virtual, highly customizable acceleration program for women-led startups in the region, organized by WeXchange/IDB Lab and Google, in collaboration with Centraal.

Over 300 applications from 30 different countries were received from industries such as agtech, edtech, fintech, foodtech, healthtech, proptech, retailtech, mobility and delivery, ecommerce, SaaS, and business intelligence, among others.

The selected entrepreneurs will have the opportunity to pitch their companies in front of a group of venture capital investors, entrepreneurs, and key players of LAC's entrepreneurial ecosystem on December 1st and 2nd, during the WeXchange Forum 2021. Furthermore, over 200 women entrepreneurs that applied to LAC Women Founders Accelerator will be invited to participate in WeXchange Ignite Program, a series of workshops on key topics to help ignite the growth of their startups.

The first cohort of the LAC Women Founders Accelerator program includes:

Alquilando (Argentina): a digital ecosystem for real estate rentals, which integrates services from brokers, insurers, and banks to provide a complete and innovative rental experience.

Apptim (Uruguay): a mobile experience infrastructure for the global app industry, providing mobile testing solutions and monitoring solutions for both app performance and end users.

Branddu (Colombia): a one-stop B2B marketplace that optimizes the merchandising buying experience.

Carinos (Brazil): a digital support network, and corporate benefits platform, for working parents and caregivers, that offers access to child development specialists and a concierge that addresses the daily challenges of childcare.

EatCloud (Colombia): a food surplus management solution that connects the food industries' supply and demand sectors, such as restaurants and hotels with food banks and NGOs.

Getin (Mexico): a people traffic analytics system that provides data on the traffic circulating in physical stores, simplifying interpretation and providing analysis to inform strategic actions.

hiSofi (Uruguay): a human-centered debt collection startup that is making life easier for the millions of people with overdue accounts by providing them with financial education and helping them with debt collection management and financial re-inclusion.

ioio (Mexico): a p2p mobile app to rent everything from physical items, real estate, vehicles, professional services and talents for events, memberships, etc.

Kon3cta (Chile): a B2C platform that offers an affordable and comprehensive solution for companies to measure and improve the mental health of its employees and their close relatives.

MO Technologies (Colombia): a modular Credit as a Service startup that leverages machine learning and artificial intelligence to determine the financial worthiness of corporates, merchants, and individuals.

Muda Meu Mundo (Brazil): a platform that connects retailers with small farmers, generating a sustainable supply chain through the use of ESG data.

NeuralMind (Brazil): a solution that promotes an open space for creative and inspiring work in organizations, focusing on facilitating business decision-making and increasing security and transparency in the relationships between companies, partners, and suppliers through advanced artificial intelligence techniques.

Prometeo (Uruguay): an open banking platform that seeks interoperability in LATAM's financial sector, allowing access to banking information, transactions, and payments across multiple financial institutions in Latin America.

Prosperia (Mexico): a social impact enterprise that creates solutions powered by artificial intelligence to massify early detection and treatment of chronic diseases in emerging markets.

Snap Compliance (Costa Rica): an all-in-one place software that transforms the ways in which companies manage risk and compliance.

TiendaDa (Peru): a platform that helps SMBs create their virtual store, efficiently, by offering simple and practical solutions at a fair price.

Tipti (Ecuador): a platform that facilitates the purchase and delivery of supermarket products and specialized stores by connecting teams of specialized buyers and consumers.

UpGirl (Chile): a C2C platform, exclusively for women, that connects female drivers and passengers establishing a safe transportation environment for women and children.

Vinco (Mexico): serves as a bridge between big employers seeking to upskill and retain their workforce, working adults who want to earn credentials, and education institutions looking to drive their online enrollment.

Wit Advisor (Argentina): a customer and employee experience management solution that uses AI to analyze, in real time, customer and employee satisfaction, thereby increasing productivity and rentability.

The WeXchange platform aims to facilitate women entrepreneurs with the opportunity to meet other entrepreneurs, connect with investors, and participate in training and mentoring sessions. This year's forum is possible thanks to the support of Women Entrepreneurs Finance Initiative (We-Fi). The admission is free upon prior registration for entrepreneurs, investors, and those interested in the innovation ecosystem.

For more information and to register, please visit the WeXchange website.

About IDB Lab

IDB Lab is the innovation laboratory of the Inter-American Development Bank (IDB) Group, the main source of financing and knowledge for development focused on improving lives in Latin America and the Caribbean. IDB Lab's purpose is to drive innovation for inclusion in the region, mobilizing financing, knowledge, and connections to test private sector solutions in early stages with the potential to transform the lives of vulnerable populations due to economic, social, and environmental conditions. Since 1993, IDB Lab has approved more than $2 billion in projects deployed in 26 countries in Latin America and the Caribbean. www.bidlab.org

About Google

Google is a leading global technology company dedicated to improving the ways people connect with information. Google's innovations in Internet search and advertising have made its website one of the leading products on the Internet and its brand is one of the most recognized in the world. Google is a trademark of Google Inc. All other company and product names are trademarks of the companies with which they are associated.

About Centraal

Centraal is a link and catalyst to promote innovative projects of startups, companies, and multiple organizations. Their goal is for entrepreneurs and game changers to transcend, develop value projects and strengthen the organizations and people who work to solve the problems that positively transform the world.

About We-Fi

The Women Entrepreneurs Finance Initiative (We-Fi) is the first multilateral fund specifically designed to unleash the potential of women entrepreneurs in emerging economies. We-Fi funds projects that work across the entire entrepreneurial ecosystem, including blended finance investments, capacity building for institutions and women entrepreneurs, and policy reforms to increase women's access to finance, markets, and networks. We-Fi is a collaborative partnership among 14 contributing governments and 7 multilateral development banks (MDBs) that serve as implementing partners It engages with a broad range of external partners, including private sector clients and partners, NGOs, government, and international entities.

Disclaimer

IDB - Inter-American Development Bank published this content on 06 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2021 20:46:09 UTC.


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