Panama Technology Business Accelerator

closed

The proposed project will adapt the so-called accelerator model to Panama's market conditions. A Business Accelerator is commonly defined as an early stage venture capital company, investing in Interent infrastructure, software, telecommunications and other technology-related ventures. It provides tenants with strategy consulting, technology consulting, investment banking, and often venture capital through internal resources and global partner networks.This project will support the following activites to transform IDEP to a modified accelerator model:(i) developa new incubation mechanism with the high-tech workspace needed to service businesses in the New Economy;(ii) develop managerial, counselling and training services for client companies within the accelerator;(iii) support the proces of development of innovative ideas through a pre-incubation facility; and(iv) assist in the design of mechanisms for private sector financing for client companies and the accelerator.