The EU-LAC Digital Accelerator is a multi-sided platform that connects business opportunities from corporates to startups and innovative SMEs. Our objective is to support joint ventures (EU-LAC Partnerships) until an investment-ready stage and provide specific acceleration services to each of them. The objectives of the project are the following:
- Establish high-potential digital areas for collaboration opportunities jointly with EU and LAC countries.
- Facilitate the connection between corporate challenges and innovative solutions coming from startups and SMEs.
- Develop sound joint business cases through the provision of acceleration services tailored to the needs of each partnership.
- Connect digital projects with relevant public and private investors to financially enable them.
The Caribbean Export Development Agency (Caribbean Export), in collaboration with a consortium of European and Latin American partners, is currently implementing the Programme and at this stage are calling corporates and large organisations to identify and submit challenges to unlock the digitalisation potential of Latin America and the Caribbean.
Corporates established in LAC regions, challenged by digital transformation and willing to explore collaborative open innovation can apply to our Call for Challenges and submit a challenge they are facing that can be solved through a digital approach.
Once the challenges have been identified, the project will call startups to find digital solutions and will offer, after this matching process and completely free of charge, acceleration services to the created EU-LAC Partnerships.