The Brazilian Ministry of Science, Technology and Innovation and Microsoft announced recently had reached an agreement to create business accelerators focused on technology in Brazil. The announcement was made during the inauguration of the technology center of the U.S. company in the country.
The idea is that the partnership will stimulate the creation of startups – early-stage companies – mainly in the areas of Brazilian games, education, energy, telecommunications and healthcare.
Accelerator will be six in six Brazilian cities, with at least ten startups each. For now, only four cities have been defined: Sao Paulo, Rio de Janeiro, Recife and Salvador.
The new companies were in incubators during the three years, with access to technologies provided by Microsoft. The U.S. company already has a similar program of incentives to small companies, called BizSpark, which has served more than 2,000 startups in Brazil, the company representative said.
