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OurCrowd LATAM Labs is a government-backed accelerator program in Uruguay that supports early-stage startups in Latin America, leveraging Israel's successful startup ecosystem model.
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OurCrowd LATAM Labs is a startup accelerator founded in 2013, based in Uruguay. It operates as a part of OurCrowd, an Israeli-based venture capital and alternative investment platform. The organization has been selected by the Uruguay Innovation Hub (UIH) program to run Uruguay's first government-backed accelerator, focusing on democratizing venture capital investing.
OurCrowd LATAM Labs invests in early-stage startups, providing them with personalized mentorship and access to a network of 200,000 accredited investors and 1,700 multinational corporations. The accelerator offers a 12-month program structured as smart money, with an investment check size of $300,000 through a SAFE (Simple Agreement for Future Equity). The organization maintains a generalist sector focus and supports follow-on investments.
The program offers dedicated mentorship, access to a broad network of investors and corporations, and potential follow-on investment opportunities.
Q: What is the duration of the program? A: The program lasts for 12 months.
Q: How much funding do startups receive? A: Startups can receive up to $300,000 through a SAFE agreement.
Q: Is the program currently accepting applications? A: The current status of applications is unclear as the accelerator is reportedly winding down operations.
Overlapping documented focus
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AcceleratorBoost Acceleration Camp is a startup accelerator based in the Dominican Republic, focused on supporting early-stage startups across Latin America with investment and strategic guidance.
AcceleratorEmbarca is an accelerator based in Mendoza, Argentina, focused on technology startups. They offer acceleration, pre-acceleration, and incubation programs to help entrepreneurs advance their ventures.
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