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Start-up Latin America 2016

Building an Innovative Future

image of Start-up Latin America 2016

Start-ups are gaining momentum in Latin America. Start-up Latin America 2016: Building an innovative future reviews the dynamics of start-ups and the policies for start-up promotion in four countries in the region –  Chile, Colombia, Mexico and Peru. The report reviews the policy mix for start-up promotion and highlights the progress made by each country and future challenges. It identifies good practices in promoting start-ups and lessons learned in Latin America in the design and implementation of policies.

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Assessment and recommendations

OECD Development Centre

Start-up Latin America 2016 presents an overview of policies to support start-ups in Chile, Colombia, Mexico and Peru. This overview presents the main results and recommendations from the study. Even though there is an unfavourable macroeconomic climate and there are still innovation gaps between Latin America and more advanced countries, start-ups are revealing a different, more dynamic side to the region. Since 2010, the concept of start-ups has attracted growing attention from the media, investors and policy makers in Latin America, and countries have implemented various programmes to support start-ups. These policies to promote startups have evolved rapidly, and in the space of just six years, their design, focus and structure have changed significantly, showing initial results and revealing a change in people’s perceptions of the region as a place for entrepreneurship and innovation.

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