InvestSP launches SP Global - a program for the internationalization of startups
Program will select 10 startups for international accelerationInvestSP
InvestSP launched SP Global, the Acceleration Program for the Internationalization of Startups from São Paulo, an initiative promoted jointly with the State Department for Economic Development of the state of São Paulo.
SP Global will prepare startups from São Paulo for the international market, strengthening the state government’s strategy for trade opening and economic competition. In its first edition, the program will select 10 startups to participate in the project.
“The State of São Paulo is the main Brazilian innovation hub, most of the unicorns in Brazil are from here. We have capable talents and a rich ecosystem, we want to contribute to the accelerated international growth of startups, making São Paulo climb positions in the world innovation ranking,” said Gustavo Junqueira, president of InvestSP.
The participation in SP Global is free and registrations can be made on the website https://spglobal.sp.gov.br/. Startups have until October 22 to compete for one of the 10 available positions.
How the program works
SP Global will select startups from the edtech, fintech, retailtech, agtech and foodtech sectors for its program, which is structured in 3 phases: training, immersion and scaling-out.
During the training, entrepreneurs will have access to information and knowledge to improve their business models. They will also receive mentoring to make market analysis, defining the priority country for their solutions.
At this stage, startups will hold meetings with players from target markets, validating their ideas and creating their own networking. Based on the experience acquired, they will develop an internationalization plan, taking into account their strengths and the opportunities detected in their interactions.
During the scaling-out, the startup starts its global business journey and puts its internationalization plan into practice. At this stage, they will rely on ongoing follow-up and support to move forward in their strategy in a structured manner.