Nine of the most prominent success stories of innovation and entrepreneurship registered in the country in recent years have been showcased.
In 2012, BodyGuard Box, won first place in the sixth edition of the National Award for Business Innovation." This is a company that sells software which allows people to avoid accidents in areas where loads are handled and was developed by a Panamanian university student," reports Capital.com.pa.
National and international investors have made up the fund within the Venture Club of Panama Business Accelerator project(AEP), which supports small companies with innovative ideas.
The fund was created with input from the so-called "angel investors", with contributions ranging from a minimum of $50,000 and up.
The connection between entrepreneurs with good ideas and sophisticated investment professionals results in venture capital funds.
For years, experts in this type of investment have tried to promote the development of a format that will allow the participation of several sophisticated investors in the financing of enterprises that require resources for their development.
The so called ‘entrepreneurial capital’, ‘seed capital’ or ‘angel capital’ industry moves around $3.2 billion in Latin America.
At the event “Costa Rica Investment World”, hosted in San José last week, attendants agreed on a window of opportunity for venture capital funds, aimed to fund business projects, especially in food, education, health and financial services sectors.
Business incubator "Ciudad del Saber" (City of Knowledge), signed an agreement with IDB, for fostering entrepreneurial culture and supporting business projects.
Besides promoting entrepreneurial culture and fostering projects in Panama, the business incubator at 'Ciudad del Saber' will create a sustainable technical and financial framework for developing, incubating and financing these business ventures.
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O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
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