The Uruguayan government will promote the association of public resources with accelerators and venture capital funds to scale the potential of local startups, Industry Minister Omar Paganini said Thursday, November 3, during a business forum held in Punta del Este.
The government is drafting its proposal within a program called the Uruguay Innovation Hub, which will have three components to develop, sources from the Ministry of Industry explained to Bloomberg Line.
The objectives will be to contribute to the connection with international accelerators, to attract capital investments through a fund where the government will provide a minority. . .
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