Business

500 Startups keep investing! The fund seeks 10 Latin American entrepreneurs to invest $ 60,000

Despite the contingency that the world faces with COVID-19, the international fund wants to promote the ideas of entrepreneurs in the region. Participate now!

2 min read

Not all bad news now that the world is facing the Covid-19 pandemic ! The 500 Startups international fund is looking for talented entrepreneurs in Latin America to drive their dreams.

500 Startups keep investing! The fund seeks 10 Latin American entrepreneurs to invest $ 60,000
500 Startups keep investing! The fund seeks 10 Latin American entrepreneurs to invest $ 60,000

The fund is looking for companies to invest and accelerate in its next program that begins in July this year. Starting on March 30, 2020 and until Sunday, April 26, entrepreneurs from the region will be able to present their startup's proposal in the call available online through aplica.500.co

The 10 startups selected in their evaluation process will receive an investment of $ 60,000 each accompanied by their four-month acceleration program, which focuses on mentoring and monitoring the team of 500 Startups and its network of international mentors, with the Aim to increase companies' chances of success.

The measures that the local fund team has taken with regard to COVID-19 only impact their office space, that is, all the fund's staff are working remotely. With this work dynamic, they continue executing the plans they had for 2020 without changes, being aware of the possibility of modifying their program to be remote by July.

“Finding and supporting the most talented entrepreneurs in our region and helping them build successful businesses has always been our goal and has not changed. Given the current situation, we believe that today more than ever, it is essential to continue working hard as an investment fund to continue with that objective. We believe in the great potential that startups have in challenging times like today and turn them into an opportunity for positive change for our region, ”says René Lomelí, Partner of 500 Startups.

If you are an entrepreneur or entrepreneur with a scalable solution, service or product serving the Spanish-speaking market, do not hesitate to apply to this call before April 26 at aplica.500.co

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