Incubators and accelerators, a creative space that promotes entrepreneurship and companies in Ecuador

Incubators and accelerators, a creative space that promotes entrepreneurship and companies in Ecuador

Incubators and accelerators, a creative space that promotes entrepreneurship and companies in EcuadorIncubators and accelerators, a creative space that promotes entrepreneurship and companies in Ecuador

Incubators and accelerators, a creative space that promotes entrepreneurship and companies in Ecuador

“My business was growing and I wanted to scale markets and needed the help of mentors… We wanted to learn how the other markets behaved,” says Zamriver.

“My business was growing and I wanted to scale markets and needed the help of mentors… We wanted to learn how the other markets behaved,” says Zamriver.

“My business was growing and I wanted to scale markets and needed the help of mentors… We wanted to learn how the other markets behaved,” says Zamriver.

“My business was growing and I wanted to scale markets and needed the help of mentors… We wanted to learn how the other markets behaved,” says Zamriver. “My business was growing and I wanted to scale markets and needed the help of mentors… We wanted to learn how the other markets behaved,” says Zamriver.

“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.

“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.

“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.

“When I was in the incubator there were three stages, the first to make the business plan; the second those who seek growth; and the third to make your business more globalized and I was in this one”, she indicates.

Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL.Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL.Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL.

Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL.

Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL. Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL. Prendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL. and mentors. There are spaces where the instruction is general and in others focused on areas such as and mentors. There are spaces where the instruction is general and in others focused on areas such as and mentors. There are spaces where the instruction is general and in others focused on areas such as and mentors. There are spaces where the instruction is general and in others focused on areas such as

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and mentors. There are spaces where the instruction is general and in others focused on areas such as

and mentors. There are spaces where the instruction is general and in others focused on areas such asof teams of two or more people. A single person with their business can also participate.

of teams of two or more people. A single person with their business can also participate.of teams of two or more people. A single person with their business can also participate.

of teams of two or more people. A single person with their business can also participate.of teams of two or more people. A single person with their business can also participate.of teams of two or more people. A single person with their business can also participate.

of teams of two or more people. A single person with their business can also participate.of teams of two or more people. A single person with their business can also participate.3 out of 10 entrepreneurs make it to the end of the programeven making your first sales. And the tendency to have a better result is as a team.

“Teamwork is the fastest and most effective way for an individual entrepreneur to fill in the gaps in hard and soft skills that they may have,” says Vega.

While, Accelerators also exist in the market, spaces that concentrate businesses that are already structured and that seek added value, as occurs in Impaqto, in Quito.

This site focuses, among other points, on seeking investments, says Justin Schwartz, managing partner of Impaqto.

“Incubators are the most essential stages and accelerators are in the growth stage. It is when they already have products, they are invoicing. We help them improve their business model and seek investment, ”explains Schwartz.

Impaqto has accompanied 220 startups,among these, some from Colombia, Chile, Argentina.(I)

Keys

What is it?

Incubators receive this name because they simulate the incubation processes that occur in several species, for example, the typical case of a hen that incubates the eggs so that after a while healthy chicks emerge. accompanies an entrepreneur from the moment an idea is conceived, and takes him through different stages until he manages to turn that idea into a business that breaks into the market with first sales. It is a training and learning site.

Learning areas

Some incubators in the country focus on areas of food agribusiness, information and communication technologies, electronics, and bio-enterprises. There are also approaches aligned to the Sustainable Development Goals (SDGs) with a social purpose.

Elsewhere it is theand mentors. There are spaces where the instruction is general and in others focused on areas such as(financial industry that applies new technologies to financial and investment activities). And they are usually divided into traditional, dynamic ventures (growth greater than average), and technology-based ventures.

The instruction is given byPrendho, from the Private Technical University of Loja (UTPL), registers 127 incubated enterprises. Courtesy UTPL.and mentors, it depends on the type of venture.

Costs

In I3lab of the Escuela Superior Politécnica del Litoral (Espol) they have Ideacamp and Boostcamp programs linked to development. It costs $ 500 per non-Espol entrepreneurial team and applies a 50% discount.

From Prendho, from the Private Technical University of Loja (UTPL), the entrepreneur pays a cost per month of $ 30. And in the Impaqto accelerator, located in Quito and in other cities throughcoworkings,the program ranges from $ 1,500. It lasts for four months.