A Landing Pad for Israeli Tech Companies
The Program
Israel is a producer of disruptive tech innovation. Entrepreneurs from the Startup Nation know that to increase their chances of succeeding they have to think global from day 1 given the small size of Israel’s consumer market. For many startups the obvious markets to validate their products and scale-up has been the U.S. However some Israelis are already coming or considering Brazil as a potential market given the country’s immense consumer market, development of strategic sectors such as agritech and fintech and the population’s massive desire to consume and use technology. Brazil is today the third largest market for social network with more than 120 million Internet users in need of solutions from education and retail to logistics and waste management to name a few. Tapping into a new market, unfamiliar to Israeli companies such as Brazil, is surely a hard task that requires time and financial resources to do it properly. The Scaleup inBrazil program comes to bridge this gap and provide Israeli companies the methodology and tools they need to validate their product, secure customers and start operating in Brazil.
Benefits to Israeli Tech Companies
The program is built in five main areas to provide great benefits to Israeli companies.
Customers
● Access to 50+ of the largest corporations in Brazil with resources ready to be deployed
● Access to business development services to identify and coordinate meetings with potential customers
and strategic partners
Business and Cultural Environment
● Support on understanding the local culture and aligning expectations in regards to customers/partners
● Access to the principal advisers on regulatory, legal, tax, human resources, banking as mentors
Market Strategy
● Strategic report to support market entrance
● Support on product validation and market adaptation
Funding
● Access to the private equity and venture capital
fund managers as well as corporations and other
strategic investors looking for innovative solutions
Support
A 6-month post program support channel through an advisory committee composed of experts in the entrepreneur’s sectors to continue providing advice and introductions to Brazilian customers, suppliers, service providers, technical experts, regulators and government officials.
Partners
The program has the honor to work in partnership with some of the principal names in the innovation ecosystem of Brazil and Israel.
Sponsors
A5 is a Venture Capital firm specializing in the development of companies with innovative solutions in different areas. More than just capital, the firm invests its expertise as entrepreneurs for more than a decade. With more than 15 years of experience, A5 works closely with investees. The company is currently, direct and indirect, managing two early stage funds that have already invested in many different sectors like IoT, fintech, retail, real estate, agritech, education and health.
Institutional Partners
AgriNation invests and actively supports Israeli innovative agritech and food tech entrepreneurs aspiring to solve the world's food security challenges. Together with entrepreneurs, smart investors and a global network they are developing an industry and ecosystem that will advance in securing food for the world. AgriNation leverages lucrative technological opportunities and diverse portfolio of Israeli agritech and food tech innovative ventures.
Timeline
Registrations open
APRIL 28
Registrations end
JUNE 2
Announcement of selected companies for Stage 1
JUNE 20
STAGE 1
Online training I begins
JUNE 24
Online training I ends
JULY 2
Announcement of selected companies for stage 2
JULY 5
STAGE 2
Online training II begins
JULY 10
Online training II ends
JULY 24
Immersion experience I begins
JULY 29
Immersion experience I ends
AUGUST 9
Companies may stay for an extra week and join the
Innovation Summit Brasil that will take place in Florianópolis*
STAGE 3
Product Pivot begins
AUGUST 19
Product Pivot ends
OCTOBER 23
STAGE 4
Proof of Concept begins
OCTOBER 28
Proof of Concept ends
NOVEMBER 8
STAGE 5
Post program support begins
NOVEMBER 11
Post program support ends
MAY 28, 2020
How it works?
Participants will be selected through an efficient and competitive application process that includes a written application, online interviews and an online pitching session to a judging committee comprised of representatives from Apex-Brasil, ABVCAP, fund managers and corporations.**
The program is intended for Israeli tech companies on series A or later stages that have demonstrated a track record of entrepreneurial success, international business experience, product fit to the Brazilian market, received preliminary market validation through initial sales, private sector investment (not just government funding), or industry awards or recognition. It is crucial that all companies that join the program must be willing to establish local presence, either opening a subsidiary or hiring a country manager in Brazil.
The Scaleup inBrazil program is divided into five stages.
Process
APR 28
2019
Registrations open
MAY 28
2019
Registrations end
JUNE 20
2019
Announcement of selected companies for stage 1
JUNE 24
2019
Stage 1 begins
JULY 03
2019
Announcement of selected companies for stage 2
JULY 10
2019
Stage 2 begins
AUG 19
2019
Stage 3 begins
OCT 28
2019
Stage 4 begins
NOV 11
2019
MAY 28
2020
Stage 5 begins
Program ends
Apply
The registration is now closed.
The program is oriented to Israeli tech companies who comply with the criteria below.
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B2B companies in high tech
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Companies with product validation in Israel and revenue
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Interest in expanding abroad
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Brazilian market fit
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Availability of one of the founders to be in Brazil during the program
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Learning openness
There is no fee or cost associated with the participation of the companies in the immersion program. The companies will only cover their travel expenses and stay during the program.