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Latest News / One in four Brazilian accelerators support social and environmental impact

 

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A report has revealed that one in four Brazilian accelerators focus on businesses with social or environmental goals, but are less likely to provide their participants with financial support.

Approximately 38% of non-impact focused accelerators guarantee financial support to participants, most commonly in the form of equity. Impact-orientated accelerators, focusing on social entrepreneurship and environment, are less likely to guarantee investment, with only 27% doing so.

The Landscape Study of Accelerators and Incubators in Brazil analysed 53 accelerator programmes across five regions to create a picture of support in the country. It identified that 55% of accelerators did not work in a specific sector, with the other 47% representing 14 sectors.

The most supported sector is IT, which is the focus of 14 programmes, and health, represented by nine. Energy, environment and agriculture also featured highly.

The report found that in Brazil accelerators last longer on average than in other countries, traditionally running between six months to twenty-four months. 

The majority of accelerators have been running since 2010, in contrast to the Shell LiveWIRE Iniciativa programme, which has been active since 2001.

The full report can be viewed in English or Portuguese here.

 


 

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