StartUp Perú PLUG 3G

About the program

We provide financing and support for the installation of foreign startups in the scaling stage, which recognize Peru as an attractive market, find the value of operating in it and allow the sophistication and/or diversification of the country’s economic matrix.

Benefits

• Co-financing: We offer non-refundable resources (RNR) of up to US$ 38,000.
• The RNRs are equivalent to 70% of the value of the project at most. The remaining % will be given in exchange for monetary and non-monetary contributions.

Duration of the program

Duration: 12 months of execution.

Eligibility criteria

• Enterprises constituted abroad in the scaling stage, through an entrepreneurial team, represented by the Entrepreneurial Leader.
• Applications must be submitted by an entrepreneurial team, which meets the following requirements:
• One of the members must be the Entrepreneur Leader, who is a foreign or Peruvian natural person with residence abroad, which must have a corporate participation of at least 10% and strategic decision-making power that allows agility in its immersion and development in Peru.

Requirements

• They must be companies incorporated in their country of origin with a maximum of seven (07) years and at least one (01) year, counted at the date of the launch of the call.
• Have an innovation of product or process, which is clearly differentiated from the existing offer in the Peruvian market, and in turn, make use of a technology that allows it to be scalable.
• Have sales income of at least US$ 80,000 or equivalent in 2020 or 2021 (January to December) in your country(s) of operation.
• Have billing in the last year, counted retroactively from the date of launch of the call.
• Others described in the bases.

Application dates

• Start of applications: June 07, 2022
• Closing of submission of applications: August 2, 2022 (1:00 p.m. – Peru)

If you have any questions about the bases, write us to startup-plug@proinnovate.gob.pe