- More than 320 startups from all over Latin America, which business model brings a clear positive social or environmental impact, participated in the call announced in October.
- This is one of ISA’s initiatives to leverage the economic revival of the region and global agenda issues, such as climate change.
- Quality education, reduction of inequalities, sustainable cities and communities, and terrestrial life and ecosystems (SDGs 4, 10, 11 and 15, respectively) are the social and environmental highlights of the projects.
The ISA Group and Rockstart, accelerator and Venture Capital entity for early-stage startups, announced a call for an acceleration program for Latin American startups that will generate an important social and environmental impact through their technology.
The call for this program received more than 320 applications from startups of countries such as Peru, Chile, Panama and Argentina, among others.
The selection criteria for the 10 selected startups considered variables such as the profile of their team, uniqueness of their product, innovation, scalability, and impact generation. It must be preferably a proven initiative, which solves a problem in society, such as climate change mitigation, innovation in food supply chains, waste disposal, among others.
Starting in February 2022, the selected projects will be connected with the entire regional entrepreneurship ecosystem, where Rockstart will put at the service of this alliance more than 100 specialized mentors, more of 80 members of its community of investors including Impact Funds and Investor Angels, and more than 70 companies that today are part of its corporate community.
“Rockstart is committed to entrepreneurs with an ambitious approach, who want to change the world. We know that by supporting them during these stages we can really generate a positive impact, and this is why the startups that we have selected together with ISA are committed to some of the sustainable development goals, such as reduction of CO2 emissions, quality education in rural areas, optimization of mobility, gender equality, and sustainable cities and communities” Felipe Santamaría, Managing Director at Rockstart LATAM, said.
For Agostinho João Almeida, Corporate Director of Innovation at ISA, “the projects we have selected fulfill both purposes: they are aimed at our goal of contributing to the urgent economic revival required in the region, but also to the higher purpose of contributing to global agenda issues, included in our 2030 strategy.”
Selected companies:
| Startup | Country | Industry | |
| 1 | ELEPHA elepha.co | Colombia | Retail |
| 2 | BIOESOL www.bioesol.com | Mexico | Energy |
| 3 | CRDC crdc.global | Costa Rica | Construtech |
| 4 | SANIMAX www.sanimax.pe | Peru | Cleantech |
| 5 | LYNKS lynks.com.co | Colombia | Agro SaaS |
| 6 | EDUCALL educall.co | Colombia | Edtech |
| 7 | FIBRAZO www.fibrazo.com | Argentina | IT |
| 8 | BLOOMSPAL www.bloomspal.com | Colombia | Logistics |
| 9 | OASIS oasisgroup.online | Colombia | Mobility/ Energy |
| 10 | SKALO www.skalo.co | Colombia | Edtech |
About Rockstart
Rockstart has implemented more than 25 programs globally, investing in more than 260 startups over the last 10 years. Through this experience, Rockstart has achieved a Funding Rate of 80% for the startups that benefit from its program; that is, the percentage of startups that benefit from the Rockstart program that manage to raise capital in their subsequent investment rounds. In turn, the startups achieved at least 3X growth after benefitting from the Rockstart program.
About ISA
ISA is a multi-Latin company with more than 54 years of experience and trajectory, operating in the Energy, Roads and Telecommunications and ICT businesses, which contributes to the quality of life of millions of people in Colombia, Brazil, Chile, Peru, Bolivia, Argentina and Central America, through the work of its more than four thousand employees in its 48 companies.
The group does business based on technical excellence, efficient provision of services, and creation of sustainable value for its stakeholders and society in general, leveraged by innovation and digital transformation, and supported on best corporate governance and ethics practices.
ISA and its companies are committed to the mitigation and adaptation to climate change, the rational use of resources, the development of programs that generate a positive impact on the environment, the comprehensive development of the communities where it operates, as well as the quality, reliability, and availability of the services it provides.