São Paulo – The Arab Brazilian Chamber of Commerce (ABCC) will take Brazilian startups to Qatar and the United Arab Emirates in October to learn about innovation ecosystems and prospect potential investments, according to information released by the institution’s press office. Pictured above, Doha, the capital city of Qatar.
Details of the mission will be presented in a webinar next Wednesday (3) at 10:00 am BRT. Registration for the online event is free and can be made through this link by any startups or technology-based companies interested in the mission.
The trip will include visits to technology parks, incubators, and accelerators in the two Arab countries from October 2 to 7. The schedule will also include lectures on the business environment, legislation, entrepreneurship, and opportunities in the Arab countries to familiarize companies with the general aspects of these markets.
“There will also be two Demo Days, one in each country, events in which startups will be able to show their portfolio, network, and receive feedback from mentors, experts, and investors about the adherence of their solutions in the Arab countries, for modifications or possible partnerships and investments in the future,” explained Karen Mizuta, ABCC’s head of international consultancy and the entity’s innovation hub, ABCC Lab.
Although there are no restrictions on the number and type of startups, the participation of companies with a minimum viable product (MVP) ready for implementation or with scalable solutions (scale-up) will be prioritized. Technology-based companies are also eligible to participate. However, companies’ scope of work needs to have synergy with the Arab ecosystems to be visited, such as agtech and fintech.
The mission will combine the ABCC’s innovation hub initiatives, developed to connect Brazilian and Arab startups, prospecting opportunities similar to those already materialized in segments such as commodities, food, and cosmetics.
Last year, representatives of the entity visited innovation ecosystems in Brazil and the Arab countries to present the ABCC Lab and discuss joint initiatives. So far, the effort has resulted in a partnership between the ABCC Lab and Itaipu Technological Park, in addition to the mission in September, the first of the entity to be focused on startups.
“In the future, we would like to contemplate new segments and countries and expand the initiative to North Africa,” anticipated Mizuta.
The mission will be organized by the ABCC and ABCC Lab with support from the entity’s technology platform, Ellos, Itaipu Technological Park (ITP), and innovation hub Espaço Impulso.
Quick facts:
Webinar
Meet the Innovation Ecosystems in the Arab World
ABCC Lab Mission 2022 Launch
Wednesday, August 3, at 10:00 am BRT
Free registration here
Simultaneous translation to English and Portuguese will be available.
Translated by Elúsio Brasileiro
