After being one of the last countries to enter the global recession and one of the first to leave it, many economists predict that Brazil will be one of the world economic leaders in the very near future.
However, historically speaking, Brazil has not been an easy place to start up a business. One of the biggest problems in Brazil is that its bureaucracy makes it extremely difficult just to get through the paperwork stages. In spite of this, Brazil still ranks high on the Global Entrepreneurship Model (GEM) list of countries with the highest entrepreneurial activity, in some measure due to a strong desire from Brazilians from underprivileged areas who are hoping to lift themselves and their families into better a environment. Conditions for entrepreneurial endeavors have been made slightly easier with the government recently granting tax breaks on companies and individuals. New start-ups are popping up all over the country as a legitimate movement is starting to grow.
But, as many people know, one can be equipped with all the know-how and fortitude imaginable, but without reliable contacts and financial backing these pursuits will prove fruitless. Many start-ups get going only to fizzle out because of a lack of funds and experience. That’s why it’s important that companies like the Angel Investment Network give new entrepreneurs a forum to share their new ideas with prospective investors from all over the world who can help in these areas.
Angel investors are constantly looking for promising young innovators who have the skills to excel but no experience in the workforce. The partnership between entrepreneur and investor goes beyond monetary investment as business angels share their experiences with the irregularities of the market and illustrate how to weather the kinds of down times we’ve recently experienced.
While the forecast for prosperity are on the horizon for Brazil, entrepreneurship is crucial for economic growth and could be the difference between being a regional force or a global superpower.
For more information on the Brazilian branch of the Angel Investment Network, visit http://www.ainbrasil.com
