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Start-up Latin America

Promoting Innovation in the Region

image of Start-up Latin America

This report reviews the policy mix to support knowledge-based start-ups in six countries in Latin America, including Argentina, Brazil, Chile, Colombia, Mexico and Peru. It discusses role of public policies in supporting the creation of start-ups, it presents an overview of the rationale and scope of state intervention and it summarises the experience of OECD countries, focusing on Australia, Finland and Israel. The report provides a comparative assessment of the experience of the six Latin American countries. Following the literature and the experience of countries it develops a taxonomy of instruments targeted to promote entrepreneurship and it compares the policy mix available in the different countries in Latin America. It also identifies recommendations to improve the policy framework for start-up promotion in Latin America. Country notes are available for each of the six studied countries. The report has been elaborated in the framework of the Development Centre's policy dialogue on innovation policies in Latin America.

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Promoting start-ups in Peru

OECD Development Centre

This chapter presents a brief overview of public policies recently introduced in Peru to support start-ups. The country is benefiting from high economic growth and is looking into how to channel part of its resources from the extraction of natural resources towards innovation and productive development in its regions. Start-ups are an emerging topic on the national development agenda. The country is working to create a new start-up programme, intended to offer seed capital and advice to new businesses. It is also adding new seed-capital budget lines to the national fund for innovation. Strengthening these initiatives, co-ordinating them better with other existing public and private initiatives, and supporting the regions as they develop their own programmes for innovative entrepreneurship are some of the future challenges for the country.

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