The startup market in Latin America is increasingly emerging. It is a global area with great potential for innovation and entrepreneurship. The supply and demand of this type of services is high, potential clients exceed 650 million citizens. However, the entry of COVID 19 has had a strong impact on Latin American countries and many companies seek to boost their services in Europe.
The EU countries offer a great opportunity for this type of investment, mainly for their star sectors such as Information and Communication Technologies (ICT), mobility, energy, tourism, primary sector and health sector. Another point in favor of entering the European market is all the legislation that supports startups, an example of this is the regulations currently approved in Spain, whose benefits, such as the expansion of tax deductions on share plans, digital nomads or investment, place this country as a point where it is worth undertaking.
Some 36 startups in Latin America are valued at more than one billion dollars and of which 15 “unicorn startups” were incorporated in the last year 2021. The potential of both regions, Latin America and Europe is evident, since in the old continent, In the last two years, 52 companies have been created within this select club. This is the time to undertake, there is less competition, after the health crisis the changes in consumer habits have skyrocketed and you will be able to get a greater volume of potential clients for your startup.
Impulsa Ventures is an incubator that allows you to connect with countries of the European Union, to obtain investments or associate with other startups. We are the digital entrepreneurship marketplace you are looking for. We put you in contact with startups, entrepreneurs, investors and advisors that allow you to expand your business horizon.
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