Facebook Launches Connectivity and Commerce Startup Accelerators in Mexico/Brazil/Colombia/Argentina
SUNNYVALE, Calif., August 3rd, 2020 - Facebook launches today two Accelerator programs to boost startups in Mexico/Brazil/Colombia/Argentina that are building solutions for connectivity and commerce. Over 12 weeks, these programs provide mentorship and access to a global network of startup peers, successful founders, and industry experts. This year, the programs will be completely virtual.
In partnership with Plug and Play, the Facebook Accelerator: Commerce program is for startups in Latin America building on commerce platforms, innovating solutions around catalog functionality, and enhancing the overall commerce experience through conversational tools and immersive shopping experiences. The goal is to make shopping seamless and empower anyone, from an entrepreneur to the largest brand, to use our apps to connect with customers. Up to 20 startups in the region will be selected to participate.
Additionally, and in partnership with MassChallenge, the Facebook Accelerator: Connectivity program seeks to find startups across the Americas, focused on improving connectivity through technologies, solutions, and new models that address the availability and affordability of internet access. Up to 30 startups will be selected to receive mentorship from Facebook Connectivity to help scale their impact and bring more people online to a faster internet. To apply for the Connectivity program, click HERE.
“Today, reliable internet access and innovative digital solutions are critical to adapting to new ways of living. By supporting developers focused on connectivity and commerce within the region, we can work together to help bring more people online to access critical information, while businesses can strengthen their digital presence and meet consumers where they are. We look forward to partnering with startups and finding areas in their business to strengthen global connectivity and e-commerce solutions that are key for their long-term success.", said Caroline Dalmolin, Developer and Startups Programs Lead at Facebook, Latam.
The coronavirus pandemic has accelerated digital adoption, but also exposed the depth of the digital divide, and the critical need for reliable, affordable internet connectivity and e-commerce solutions. More than 180 million businesses use Facebook, Instagram, Messenger, or WhatsApp every month to reach customers, sell and grow.
The commerce accelerator will receive applications from startups across the region, including startups located in Argentina, Brazil, Colombia, Mexico and Peru. The connectivity accelerator will also include startups from the US.
Facebook’s mission is to give people the power to build community and bring the world closer together. The company remains committed to the startup ecosystem and believes that by connecting, training, and growing entrepreneurs and startups, Facebook can empower people to solve relevant, meaningful problems.
*Source: Facebook/OECD/World Bank (2020), The Future of Business Survey.