Fundação Renova

RENOVA FOUNDATION LAUNCHES PROJECT FOR ACCELERATION OF INNOVATIVE BUSINESSES AND STARTUPS

Published in: 02/02/2023

Innovation , Rio Doce LABS , Innovation , Rio Doce LABS

Carried out in partnership with the technological innovation company IEBT, the project will help accelerate and develop business in the Doce river basin

The Rio Doce LABS program has applications open to entrepreneurs in the cities of Governador Valadares and Ipatinga, in Minas Gerais, and Linhares, in Espírito Santo. The initiative aims to support businesses in their development, offering training and guidance according to market dimensions. The process will be based on methodologies that are widely applied by the company executing the program. Those interested must register free of charge until February 18 using the form available at www.riodocelabs.com.br. The selected projects will be announced by March 3rd.

Carried out in partnership with the technological innovation company IEBT, the program is aimed at entrepreneurs with ideas, businesses in the initial or consolidated phase, who have identified a problem and seek to innovate their business model or a product. Proposals will be selected that bring innovative solutions and that contribute to aquaculture and fishing activities, biodiversity conservation or to the demands of municipalities that benefit the general population. To encourage participation and make the program viable for candidates, Rio Doce LABS will offer a monthly allowance of R$1,000 per participant. This value can reach up to R$2,000 per business, if there are two people registered in the team.

Steps

The program will select up to 15 businesses in each of the territories for the pre-acceleration phase. Of these, five will be selected for the final phase, which will last around six months. During this period, participants will receive support for creating systems, building software, prototyping, among other tools. Thus, up to R$36,000 will be made available for the technological development of each business, provided that the financial execution plan is approved by the company executing the program.

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