In June, the commencement of inscriptions for Desafio Brasil 2012 was announced, inviting early-stage startups and budding entrepreneurs to participate. Part of the larger Desafio Intel, the competition is perhaps the most comprehensive of its kind in Brazil. It offers opportunities for education and networking as well as, of course, prizes.
Inscriptions closed on July 9th, after which Desafio Brasil’s panel of judges evaluated the applicants. And now, the preliminary results are in.
It has been reported that a total of 564 startups applied for this 7th edition of Desafio Brazil, up 135% from 2011. Following initial applications, 364 startups were approved for preliminary analysis to verify document prerequisites. Of that group, 108 enterprises have been selected to move on to the next stage in the process – mentoring. The mentoring period will help entrepreneurial teams to refine their business models and work on their pitches in preparation for regional finals to take place in 12 Brazilian states.
Still in the Running
The startups that applied for this year’s competition hail from all over Brazil. As expected, the southern regions dominate the group, with 74 applicants (42 Southeast and 32 South) making it through to the mentoring stage. Notable, however, is the Northeast’s holding, with 20 startups remaining. Lagging behind (but still represented) is the west-central region with eight enterprises and the North with six.
The 108 remaining startups run the gamut – from mobile to software, from crowdsourcing to gamification – an indicator that the Desafio Brasil judges are more interested in evaluating the merits of teams and products instead of specific categories. We noticed a few familiar faces in the group, including social ticket platform Ingresse and children’s web hub Zuggi.
We’ll be sure to keep track of the events of Desafio Brasil as the contest unfolds with regional finals taking place next month.