Today, Brazilian incubator C.A.I.S. do Porto announced its latest class of startups for acceleration. Based out of Recife, the Porto Digital initiative supports information and communications technology enterprises aimed at solving the problems of the productive sectors of the Brazilian state of Pernambuco.
The C.A.I.S. do Porto program lasts for a total of 18 months – quite lengthy in comparison to other accelerators – and its process is divided into three six-month sessions. The first phase is a sort of pre-incubation stage during which the business plan and MVP are developed. At the close of this initial period, the projects face a panel of judges to decide which will continue on (up to 10). These final 10 startups complete the second and third stages of the program, which cover technological solution development and growth strategy, respectively.
The projects selected for incubation fall into four main rubrics: production, cultural and sporting events, sustainability, and economy/other. Previous enterprises to undergo acceleration with the program include Opara, Ubee and Redu.
Of the 37 projects that applied for this most recent round of C.A.I.S. do Porto, 15 finalists were chosen. Three more vacancies remain, which have been designated for the victors of Desafio Brasil, Campus Beta and Wayra Contest. These spots will be defined this Friday, July 13th.
The 15 projects selected for incubation thus far are:
- Clean Care
- Social Places
- Software sob serviço web de diagnóstico
- Soluções Simulação Numérica
- E Lixo Sustentável
- Great Content
The first six-month incubation period will kick off on the 1st of August in assisting the selected projects to refine their business models and products. These enterprises will face evaluation on February 15th to decide which 10 companies will move on. We at PulsoSocial will be sure to let you know how it all plays out.