With up to£ 7 million availableand contributions that can reach£3 million per startup, aStart Growthextended the applications for its selection of early-stage fintechs, that have already validated their products in the market. The new deadline for registration is February 17. From August 2024 to January 2025, have already been made available£ 40 million, in several phases. Registrations must be made atsitecompany official
A Venture Capital, that combines expertise, capital and experience to empower visionary entrepreneurs, aims to identify fintechs that solve real pain points in the Brazilian financial market, promoting efficiency and innovation in sectors with large gaps
According toMarilucia Silva Pertile, startup mentor and co-founder of Start Growth, the plan is to find companies with SaaS models, B2B and B2C that show potential for traction and expansion. "We decided to extend the registrations to give one more chance to the fintechs that would like to sign up and showcase their potential", explain.
The selection process will consist of three stages: official registration, that must be done through the form on the Start Growth website; presentation of the selected startups; the detailed analysis of the business plan.
According to Marilucia, fintechs must present a fully committed team that demonstrates solutions to relevant problems in the financial market. Furthermore, startups with the potential to impact markets that generate over R$ 1 billion in Brazil will be prioritized. An important point is that our search is for extraordinary entrepreneurs, that not only understand the market, but also be able to innovate with agility and assertiveness, characteristics that the market increasingly needs, evaluates the co-founder of Start Growth.
Operational support beyond financial contribution
In addition to the financial contribution, the selected startups receive hands-on operational support to accelerate their sales engines and improve their business models. A Start Growth visa enhances the results of the selected fintechs, contributing to its expansion and consolidation in the market.Our role is to drive and help accelerate the sales machine, helping startup entrepreneurs reach their next level, finalizes Marilucia.Besides fintechs, the accelerator also supports early-stage startups with validated products and HR techs
For more information about the requirements and the selection process, visitwww.startgrowth.com.br
