City of Toronto Expands Latin American Business Opportunities Through Agreements with Mexico City and LatAm Startups
The City of Toronto has entered into two new business relationships that will help create opportunities for companies in Toronto, Mexico and throughout Latin America.
Today in Mexico City, the City of Toronto and Mexico City signed a Memorandum of Understanding (MOU) that establishes the intention to collaborate in trade, environment, life sciences, information technology, culture, tourism and education among other sectors, while encouraging trade and investment exchanges between both jurisdictions.
“Toronto is pleased to begin this new business partnership with Mexico City that will capitalize on and enhance the multi-sector strengths we both have as the largest business centres in our respective countries,” said Councillor Michael Thompson (Ward 37 Scarborough Centre), Chair of the City’s Economic Development Committee.
In Toronto, an MOU was also finalized today between the City and LatAm Startups, with the aim of supporting LatAm’s success in bringing Latin American tech startups to the city.
“LatAM Startups is doing tremendous work with Mexican and Latin American companies in Toronto and the City is now better positioned to support their efforts through our MOU with them and with public and private business entities throughout Latin America,” said Councillor Thompson.
Brazilian Startup Accelerated By Latam Startups Featured in StartupHereToronto
There’s no question Brazil and Canada share an affinity for agriculture, both count the sector as a key economic driver and both have begun to look into the future of farming through research and development.
So when Toronto’s LatAm Startups accelerator offered Brazil-based agricultural tech startup Agromarra a spot in its first four-month cohort, Rebeca Souza was quick to take a post as CEO launching the company’s Canadian branch under the SmartFarm name.
It was a great opportunity, says Souza. “Not just for the resources, there's an educational system in entrepreneurship in Canada that Brazil is (still) a little behind.”
Seneca Helix accepts first Mexican Clean-Tech Startup
Lotus Water, a Mexican cleantech startup in residence at the LatAm Startups accelerator, has been accepted into Seneca Helix.
Access to clean drinking water is a global crisis. According to UN-Water, a United Nation organization, water scarcity affects every continent. 1.2 billion people live in areas of physical water scarcity with another 500 million people approaching this situation.
Lotus Water aims to bring clean drinking water to billions of people around the world.
Ecuadorian firm wins IDB start-up Pitch Competition at Demand Solutions Miami
A graduate of the LatAm Hub Toronto won first prize (USD $30,000) at the IDB Inter-American Development Bank Miami 2017 Pitch Competition.
The startup, Inkspired from Ecuador, has created a platform for Latin American writers.
LatAm Hub Toronto graduate SmartFarm featured in the Globe and Mail
LatAm Hub Toronto startup SmartFarm was featured in The Globe and Mail.
SmartFarm, a branch of another small Brazilian company, Agromarra, develops tech for livestock farmers through its monitoring app and smart-tag technology.
LatAm Startups Creates Community of International Startups in Toronto
The first four-month cohort of eight startups from Latin America finished on July 31, 2017. LatAm Startups brought high-tech companies working in IoT, cybersecurity, AgTech, Creative Industries, Energy, and IT to Toronto, and to Canada. Many are incorporating their business in Canada, and plan to hire local talent.
Number one big takeaway from the startups?
Calling all entrepreneurs & startups!
Join us for Canada’s BIGGEST and most INFLUENTIAL gathering of entrepreneurs, innovators and policy makers!
Startup Canada and LatAm Startups have you covered. Get your business cards ready! We’re inviting you to shake hands with Canada’s top entrepreneurs, innovators, investors, politicians, and government decision-makers at Startup Canada Day on the Hill 2017.
Going Global — The Power of Partnering with LatAm Startups
When it comes to centres of innovation, where creative minds are collaborating on ideas to help change the world, it’s time to start looking beyond Silicon Valley.
Talented startups leaders, accelerators, government leaders and investors from across Latin America, including Uruguay, Brazil, Peru and Colombia, met with their Canadian counterparts in Toronto recently for the fourth annual LatAm Startups Conference.
Taking advantage of events like this is incredibly valuable for startups and for those looking to scale up, says Thayde Olarte, Vice President of Fintech Partnership at Scotiabank, which sponsored the conference.
Ecuadorian Transplant Builds Inspired Publishing Platform in Toronto
Three years ago, author and computer engineer Galo Vargas launched Inkspired as a means for storytellers to publish their work and connect. After growing the company in Australia, San Francisco and Latin America, Vargas has resettled in Toronto to build a global publishing and engagement platform.
Latin America Startups Helped by Toronto Ecosystem
LatAm Startups was featured last week in StartUp Here Toronto.
One company helps emerging writers reach an audience. Another helps livestock farmers boost profits. A third livestreams concerts.
What they have in common is that they would not be operating here if not for LatAm Startups, a nonprofit that helps Latin American companies scale globally, via Toronto, while also helping Canadian businesses access a giant overlooked market just south of our southern neighbour.
Scaling into Brazil
Brazil is a booming market, and a tempting destination for startups looking to scale into Latin America. But how can you tell if your business is a good fit for Brazil? And how do you navigate the difficult and complex system in Brazil?
Two leaders of the Brazilian startup ecosystem will be speaking in person at the Latam Startups Conference this June in Toronto: Dieguez Barreiro, a senior official of the Brazilian federal Ministry of Science, Technology, Innovation & Communication (MCTIC), and Ana Pires from Softex, the private company that runs Startup Brasil.
Tickets are going fast, get yours today.
Startup Canada Awards
LatAm Startups has partnered with Startup Canada for the fourth annual Startup Canada Awards, hallmark events across Canada celebrating outstanding achievement in Canada’s entrepreneurship and innovation community.
Startup Canada opened nominations today and invites Individuals, businesses and organizations to apply for 17 awards, including the Startup Canada Indigenous Entrepreneur Award, Startup Canada Innovation Award and the Startup Canada High-Growth Award. To celebrate Canada’s 150-year anniversary, a new award will commemorate an iconic Canadian business that has propelled Canada’s brand on the global stage through its determination and leadership.
"Startup Canada is the premier organization promoting high-tech innovation in Canada," Miryam Lazarte, CEO of LatAm Startups, said. "We look forward to working with Startup Canada in the years ahead to grow scalable high-tech companies that create—and keep—jobs in Canada."
LatAm Startups Hub Launches in April with First Cohort
LatAm Startups Hub is thrilled to announce the official launch of the Hub with the first cohort of nine startups from Latin America.
Startups from eight countries applied, and the final group includes innovative, scalable startups from Ecuador, Chile, Brazil, and Argentina. Much to our surprise, more than half of applications came from Brazil, and seven of the successful nine startups are Brazilian.
The startups will be in residence in Toronto for four months, from April-July 2017.
Here are profiles of each of the companies:
LatAm Startups Conf 4.0 will take place in Toronto in June
LatAm Startups is pleased to announce that our fourth annual conference will take place in Toronto in June.
Investors, startups, and public policy folk come from across Latin America, Canada, and the US for three intense days of networking and learning.
The conference takes place June 7-9, 2017.
Start-Up Chile will open applications for its next generation of Seed
Startups from all around the globe can submit their applications for the Start-Up Chile Seed program from January 17th until February 7th. Those interested in receiving funding from the Chilean government should enter here and apply according to the Terms & Conditions.
The program is renowned for bringing together entrepreneurs from Chile and around the world. In the past six years, over 1,309 founding teams have passed through the Start-Up Chile doors and have created a vibrant startup community in Santiago. Selected entrepreneurs will become a part of the community and the immersive acceleration program for 6 months.
The selected startups will receive 20 million Chilean pesos (USD $30,000), as well as an intense weekly schedule to accelerate their ideas. This schedule includes courses, mentoring, and pitch training, among other activities. In addition, foreigners will receive a Working Visa valid for a year to come to Chile.
LatAm Startups Announce New Accelerator in Toronto
LatAm Startups today launched the LatAm Startups Hub, a new Toronto-based accelerator that will scale Latin American startups globally from Canada.
The LatAm Startups Hub announced its call for applications for the first cohort of ten (10) startups.
Startups accepted into the program will receive the mentorship necessary to scale their business globally.
Our experts will provide guidance on business development, intellectual property, licensing and commercialization strategies, introduction the Toronto startup ecosystem, plus connections to local investors and other funding options.
Scale up now, Canada says
A new Canadian government initiatives worth more than $32.4 million over four years will help Ontario startups scale globally, including into Latin America, BetaKit reports.
The initiative comes on the heels of Prime Minister Trudeau's recent visit to Peru, where he told the APEC conference in Lima:
"We need to think beyond the United States and engage with Mexico in a positive way and engage beyond Mexico to Latin and South America," Trudeau said. "These are the things that I think are exciting about the coming years."