Winners selected from finalists from city competitions held across Latin America and South America; win trip to global finals with $1M in Funding Opportunities
Washington, D.C. and México City — Tonight, 1776 and Startup Mexico announced the five winners from the Latin America and South America Challenge Cup Regional Finals. These startups, chosen from hundreds of competitors from cities across the region, now move on to represent their countries on the worldwide stage at the Challenge Cup Global Finals in Washington, D.C. taking place in June.
Challenge Cup is an annual global tournament spanning over 50 cities and covering every continent, to find, fund and spotlight highly-scalable startups with potentially transformative solutions our world’s most pressing challenges. Held in partnership with Revolution and Global Entrepreneurship Network, the competition takes place in three levels — local competitions, nine regional finals and the global final to be held in Washington, DC in June 2016. High-growth startups compete for $1 million in cash prizes and funding, media opportunities and curated connections to mentors, corporate partners, policymakers, and potential investors.
The México City event showcased both the city’s most compelling startups and the companies that advanced from local competitions held in Bogotá, Guayaquil, Lima, and Salvador. In addition to participating in the pitch event, competing startups also joined a two-day, pop-up accelerator program delivered by the 1776 Co-CEO, industry partners such as IDB, Philips and AWS, and other key executives where the entrepreneurs receive pitch coaching and participate in roundtables with industry experts and one-on-one mentoring sessions.
“Latin America and South America are increasingly home to so many inspiring entrepreneurs who are building high-growth startups to bring solutions to some of our world’s biggest challenges,” said Donna Harris, cofounder and Co-CEO of 1776. “I’m so pleased that we can give these extraordinary companies an opportunity to present their vision on the global stage and connect to the resources and relationships they need to be successful.”
The winners are as follows:
1DOC3: 1DOC3 is an online platform that provides Spanish-speaking populations all over the world access to quality health information from physicians 24 hours a day and uses that verified information to improve the quality of life for all users.
Agruppa: Agruppa leverages mobile phone technology to empower small food vendors in low income neighborhoods by providing them with fruits and vegetables at wholesale prices.
Fri: Fri is a mobile money transfer service that promotes financial inclusion by allowing users to make payments, save, and budget their money.
qAIRa: qAIRa develops and implements drones to measure the quality of the air we breathe to help monitor, analyze, and prevent environmental contamination from major industries. qAIRa’s technology aims to protect people’s health by keeping the level of contaminant emissions under the limits proposed by regulation agencies.
Shippify: Shippify is the operating system for on-demand logistics. As an application programming interface and channel to connect the internet with an efficient community of validated shippers, Shippify wants to be the fastest-growing company in on-demand logistics in Latin American and also become the PayPal for delivery in any e-commerce market.
For more information about the Challenge Cup, click here.
1776 is a global incubator and seed fund that uncovers promising highly-scalable startups focused on solving the world’s most fundamental challenges and helps engineer their success. 1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day – specifically education, energy, health and cities. From its headquarters in Washington, D.C., it is sparking a global movement of high-growth startups driving meaningful innovation through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world. For information, please visit www.1776.vc or follow us on Twitter @1776.
About Startup México
Startup México is the first innovation campus for entrepreneurs in México. It is a super hub that includes recently established high-impact businesses, seed funds, corporate implants, and services for entrepreneurs — all under the same roof — to create a new type of ecosystem that encourages collaboration, innovation and a more competitive Mexico.
Startup México is a comprehensive platform which offers seed money for program participants, fully equipped offices for entrepreneurs, the best mentorship in the country, access to diverse services, learning talks, workshops and networking, linkage to the startup ecosystem, funds and accelerators, and corporate offices. Startup México helps entrepreneurs with their projects, giving advice on corporate governance, promotion and advertising, and internationalization support.