Brazil is an international host not only to soccer players (who are now having their global championship here and witnessed the usage of the technological exoskeleton created by brazilian neuroengineer Miguel Nicolelis) or to tourists on happy vacations. In fact, Brazil is the door to the South American market and has been attracting a lot of international businesses in the tech field: giants as LinkedIn, Twitter, Facebook, Spotify, Google, Paypal, Microsoft, Intel, Dell, Samsung, amongst others, all have set offices here. Reasons for that include a population of 200 million people, of which 50% belong to a growing and newly-empowered middle class with an income increasing more than inflation or GDP rates. Here is a huge consumer market with more than 100 million already connected the Internet: Brazilian e-commerce registered R$ 28.8 billion in sales in 2013 (around USD 12.9 bi), which represents a 28% nominal growth compared to 2012. Also, many cities across different regions (Porto Alegre and Florianópolis in South; Rio de Janeiro, São Paulo, Campinas and Vitória in Northeast; Belo Horizonte in Midwest; Salvador, Recife) are innovative hubs with research & development facilities, tech parks, incubators, accelerators, coworking spaces, support groups and programs. Not only well-stablished
corporations take their chances to win this market: diverse startups from a variety of countries (as US, UK, India, Ireland) already had their opportunities to accelerate in Brazil – where an entrepreneurial ecosystem is rising fast with tens of seed funds, venture capital firms, angel investors, crowdfunding platforms and financing opportunities through governament-related institutions. You can see slides and watch a video of the Brazil Startup Report there to further understand our market. Many of these international startups did as brazilians are doing: they submitted a proposal for the Start-Up Brasil program (held by the Ministry of Science, Technology and Innovation), were approved by the board of judges and then were accepted by one of the brazilian accelerators partners of the program! Therefore, they received a variety of benefits: a work visa, a grant of up to 200 thousand Reais (almost US$ 90k, depending on the current exchange rate), a prestiged accelerator as business partner, plus participation in national and international Demo Days, a network of mentors, strategic partners, angel investors and investment firms. You can do that, too! Start-Up Brasil currently has an open call until July 14th 2014 for its 3rd group of acceleration. All you have to do is read the criteria and requisites on this link and follow the steps to submit your proposal.