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Latin America Internship Program - Connecting Entrepreneurs and Incubators

This program aims to promote contact networks between entrepreneurs and regional incubators, develop local skills, and foster business development and internationalization. It is financially supported by InfoDev and offers partial funding for 5-day internships. The selection process is participative and includes representatives from various countries. Preliminary results have shown great interest and an extended contact network.

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Latin America Internship Program - Connecting Entrepreneurs and Incubators

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  1. Status Report Belo Horizonte, September 18th 2007 Internship Program for Latin-America and the Caribbean

  2. Background • 1st Global Forum InfoDev – New Delhi October 2004 • Regional Latin-America and the Caribbean Workshop - Montevideo May 2006 • 2nd Global Forum InfoDev – Hyderabad 2006 • Regional Latin-America and the Caribbean Workshop - Santiago de Chile July 2007

  3. Program Objectives • To promote the creation of contact networks between entrepreneurs and regional incubators staff. • To develop local skills in the RedLac and Relapi member organizations on the basis of the exchange of experiences among their affiliates. • To promote business development and internationalization of incubated businesses.

  4. Budget • The program is financially supported by InfoDev (LAC Workshop 2006) • Up to USD 35,000.- to finance direct expenditures of the internships.

  5. Regulations • Directed to entrepreneurs and staff from RedLac and RELAPI member incubators. • 5-day minimum internships. • Partial Funding (tickets and lodging)

  6. Selection Criteria • Relevance • Potential impact • Quality and clarity of objectives • Balance between entrepreneurs and staff • Inclusion of interns from different source countries.

  7. Applications • 44 proposals • 13 entrepreneurs • 31 staff members • 55 institutions involved • 11 source countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Panama, Peru, Uruguay) • 10 target countries (Argentina, Brazil, Chile, Colombia, Costa Rica, México, Peru, Dominican Republic, Uruguay, USA)

  8. Selection Process • Participative: • Representatives of associations from Argentina, Brazil, Chile, Peru and Uruguay • Based on defined criteria and grading of the proposals • 22 selected internships • 9 source countries

  9. Preliminary Results • Great interest of network members in this initiative. • Most of them stated that they would appreciate participating in the future in this kind of instances. • Extension of the contact networks through the connection of the 55 institutions involved in the program.

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