YouNoodle Partners With Start-Up Perú To Power the First Major National Startup Program in Peru

New program to provide opportunities and resources for Peruvian entrepreneurs to accelerate business ideas and contribute to the overall economic growth of the country
By: YouNoodle
 
Jan. 21, 2014 - PRLog -- San Francisco, CA and Lima, Peru – January 21, 2014 – YouNoodle, a data-driven startup recruitment engine and customized end-to-end platform for the creation, management, and judging of startup competitions, today announced a new partnership with the country of Perú. Under the terms of the deal YouNoodle will harness its YouNoodle Judge technology to manage the back-end of Start-Up Perú, a new program aimed at creating opportunities for Peruvian entrepreneurs to accelerate business ideas and the economic growth of the country. Interested entrepreneurs should log on to http://www.start-up.pe/ to enter.

Start-Up Perú will provide seed capital to around 200 Peruvian startups in the next 5 years and offer them other resources, such as incubation and mentorship, so they can attract private capital and investment moving forward. The program’s focus is on local Peruvian entrepreneurs even though some international entrepreneurs are allowed to participate as team members.

“Perú is one of the Latin American economies that has shown sustained growth throughout the last 10 years and the government wants to focus on innovation throughout the country to generate incentives for high-impact entrepreneurs in our country,” said Francisco Grippa, Viceminister of MSE and Industry of the Ministry of Production of Peru. “This is also a way to promote education, the growth of the scientific and innovation community, job generation and the strengthening of human resources. We are excited to be partnering with YouNoodle on this amazing initiative.”

There are two categories for Peruvian entrepreneurs in this completion:

·       "Emprendedores Innovadores" (Innovative Entrepreneurs): To provide seed capital of up to 50,000 Peruvian Soles (around USD $18,000) for each selected team of entrepreneurs of 2 up to 5 members, who are at a very early stage of development.

·       "Emprendimientos Dinámicos y de Alto Impacto" (Dynamic and High Impact Startups): Seed capital of up to 137,000 Peruvian Soles (close to USD $50,000) for startups that are already legally operating (up to 5 years of being legally operating).

“Over the last few years YouNoodle has seen the increased growth in entrepreneurship and innovation in Latin America, said Torsten Kolind, CEO of YouNoodle. “In 2013 the number of startups from Latin America participating in YouNoodle powered competitions has grown considerably. We are honored to have the chance to make Start-Up Perú an amazing success and are excited to help reach the goals of this new program.”

About YouNoodle

YouNoodle is a data-driven startup recruitment engine and customized end-to-end platform for the creation, management, and judging of startup competitions. Top universities, corporations, accelerators, as well as governments use YouNoodle’s tools to host challenges and judging processes, recruit high-potential entrepreneurs, and grow their startup ecosystems. Having facilitated more than 400 international competitions across 100 countries, YouNoodle has created a global talent network of 50,000 startups and has become a premier resource for expanding access to the best ideas and brightest talent across the globe. Based in Silicon Valley with a team comprised of 10 different nationalities who speak 18 different languages, YouNoodle creates a local and global opportunity network that expands the borders of the startup landscape and equalizes opportunities for entrepreneurs worldwide.

About Start-Up Perú

Start-Up Perú is an initiative of the Peruvian government led by the Ministry of Production and Fincyt, which aims to promote the emergence and consolidation of new Peruvian companies that offer innovative products and services with high technological content, projection to international markets and that promote the generation of quality jobs.

Contact
Michael Volpatt
***@larkinvolpatt.com
4159948864
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Source:YouNoodle
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Tags:Peru, Small Business, Entrepreneur, Startup, YouNoodle
Industry:Government, Internet
Location:United States
Subject:Partnerships
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