The International Finance Corporation (IFC)
and the World Economic Forum will select 50 regional startups as part of
Selected startups will be invited to take part in the World Economic Forum
on Latin America in São Paulo, Brazil, on 13-15 March 2018
Application deadline to apply for the UpLink initiative is 13 February
For more information and application click here
São Paulo, Brazil, 18 January 2018 (updated February 5th)
– IFC, a member of the World Bank Group, is collaborating with The World
Economic Forum to select 50 outstanding startups in Latin America ahead
of WEF’s annual regional meeting as part of the UpLink
The Forum’s UpLink initiative consists of a unique community and digital
platform where startups can interact with global peers, multinationals,
governments, universities, investors, and next-generation technology solutions.
The startups will be selected by leading experts of the startup ecosystem
in Latin America and the Caribbean. Applications will be sourced from across
the region and carefully evaluated based on specific selection criteria
outlined in the application, including revenue generation, funding sources
and the strength of the startup environment in each country. Of the 50
startups, 25 will be selected from countries throughout Latin America and
the Caribbean and 25 will be specifically from Brazil.
The deadline for entrepreneurs from Latin America to apply is 13 February
"Startups in Latin America are using creative solutions to address
not just local, but also global problems. This new initiative will further
integrate Latin America’s top startup leaders into national and regional
dialogues about the region’s most pressing challenges. We look forward
to welcoming the new crop of innovators and disruptors to the Uplink global
initiative and to the World Economic Forum on Latin America,” said Jeremy
Jurgens, Managing Director and Head of Knowledge and Digital Engagement
at the World Economic Forum.
The World Economic Forum on Latin America will take place in São Paulo,
Brazil, from 13 to 15 March 2018.
The selected Latin American startups will join the UpLink
community of entrepreneurs who are enabling a societal and technological
transformation. This effort forms part of the Forum’s broader UpLink initiative
to accelerate and scale the success of startups. The selected startups
will join the Global UpLink community as regional representatives and,
as a first step, will be invited to take part in a tailored program at
the World Economic Forum on Latin America. At the meeting, they will have
the opportunity to network with influential policy-makers from the region,
as well as leading chief executives, and have access to the Forum’s network
to partner with Members on future projects in the region.
“Innovative business models are already helping improve the competitiveness
of Latin America and the Caribbean region. Cross-fertilization among startups
will help accelerate their contribution to some of the region’s most pressing
development challenges,” said Hector Gomez Ang, IFC’s Country
Manager in Brazil. “This is part of a wider effort by the IFC to support
entrepreneurship and skills development in Latin America and the Caribbean,”
The World Economic Forum on Latin America will bring together over 800
top leaders from governments, business and civil society from more than
50 countries to help shape the new narrative for the region, one that draws
on the region’s wealth in human and natural resources and places responsible
leadership and people’s well-being at the center, and embraces technology
and innovation as key drivers to modernize economies, enhance productivity
and advance economic progress.
IFC—a sister organization of the World Bank and member of the World Bank
Group—is the largest global development institution focused on the private
sector in emerging markets. We work with more than 2,000 businesses worldwide,
using our capital, expertise, and influence to create markets and opportunities
in the toughest areas of the world. In FY17, we delivered a record $19.3
billion in long-term financing for developing countries, leveraging the
power of the private sector to help end poverty and boost shared prosperity.
For more information, visit www.ifc.org.