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All posts tagged "brazil"

  • How will BRICS really benefit SMEs?

    Will small businesses in Brazil, Russia, India, China and South Africa benefit from these countries being part of the BRICS? With the 7th BRICS summit last week in Ufa in Russia, the question is -- is there really anything in it for SMEs? The biggest potential benefit for small businesses would be access to a wider export market. But the BRICS are far off from achieving a free trade agreement. What free trade? This was confirmed this week by Russia's first deputy economic development minister Alexei Likhachev, who was quoted this week as saying that the bloc is not psychologically ready" to...

  • Brazil, India move to shed red tape for business

    As growth in emerging markets stalls, Brazil and India, which have long had some of the world's worst red tape for firms, are looking to reduce the burden. While Brazil's government is acting to tackle its ailing economy (the OECD says it will contract by 0.5% this year), India's reforms are driven by a pledge by President Narendra Modi to make Indian business more competitive. India more than Brazil needs to reduce paperwork for businesses. Last year Asia's third biggest economy was ranked 142 by a World Bank report, below Sierra Leone and Cambodia. Brazil was ranked 120. Since late last year the government has taken...

  • Latin America’s VC space: big opportunity or illusion?

    After four years riding the roller coaster ups and downs of running an internet startup in Latin America, I feel that I have paid my duties in the race of chasing the Latin American dream. There are hard facts that any entrepreneur in pursuit of this sort of dream should be well aware of before jumping in. If you look at a continent and you see no more than ten big hitters, you need to be a little suspicious. This lack of a sprawling scene of tech leaders could be the result of many different things, such as immaturity of...

  • SA’s Snapplify eyes other emerging markets as it expands to South America

    South African ebook distribution startup Snapplify recently announced that it's taking its electronic retail platform to other emerging markets, starting with South America. The company hopes its unique knowledge of the South African market will help drive ebook adoption in other countries with similar characteristics around the globe. In a blog post, Snapplify Founder Wesley Lynch explains the attractiveness of the South American expansion, saying that there's a definite market gap in emerging markets: "Many publishers will try to employ models for ebook distribution and sales that work in the US and UK, but these will not necessarily work in emerging economies...

  • The Brazilian entrepreneurial landscape according to Ernst & Young

    As the case with South Africa, Brazil is said to be a country of contradictions. The recent Ernst & Young G20 Entrepreneurship Barometer of 2013 report found that although Brazil has had strong economic growth in the last few decades as well as an overall increase in investments, a complex tax system as well as a high business mortality rate are only some of the obstacles currently hampering entrepreneurial growth. 1 500 entrepreneurs in countries such as South Africa, Brazil, India, Russia and China as well as the US, Japan and the UK have been surveyed to bring about...

  • Learncafe: the elearning startup that aims to transform Brazilian education

    Learncafe, as the name suggests, is a social place where people can learn and connect. Based in Brazil, the online company aims to connect students and teachers. In order to tackle the countries big appetite for education, elearning startups has been popping out in all corners of Brazil. José de Menezes has been working on online projects anything from search engines to an online magazine company and a price comparison site. He notes that although he has worked on around 20 projects thus far, online education is where his true dedication lies. The company was launched in September 2010 in...

  • Foodpanda drives into Czech Republic, munches further into Brazil

    The ever-expanding food delivery service foodpanda has just launched in Czech Republic. At the same time, going under the name hellofood, it acquired its Brazilian competitor MegaMenu in a bid to strengthen its presence in Latin America. Housed under Rocket Internet's umbrella, foodpanda goes by the name hellofood in Latin America, Africa and the Middle East. These recent expansions will put foodpanda serves a total market of 3 billion covering 28 countries on five continents. On top of this, the company says it's planning future rollouts in the coming months. Hellofood launched in Brazil six months ago and has since...

  • 11 interesting tech startups kickstarting Brazilian education

    As should be the case in most parts of the world, Brazil's education startups are booming. From interactive games and online video lectures to cross-platform mobile quizzes and preparation applications -- they are all over the place. And all using technology to the benefit of reaching greater audiences, sharing and connecting crucial information and using interactivity to grow and maintain interests. Start-Up Brasil recently announced 56 startups to be part of a programme launched by the federal government to accelerate the development of new companies. Interestingly enough, about 20% of the featured startups are focused on education, 14% represent the...

  • Oficialize is an online consultancy startup for Brazilian startups

    World Bank’s Doing Business Index for 2013 ranked Brazil 121st among 183 countries in the ease of starting a business. Providing business consulting services, Oficialize is a startup attempting to lend an administrative hand to upcoming startups in Brazil. The company recently presented itself at the much acclaimed 21212 Digital Accelerator's demo day. According to a 21212 blog post, Brazil is one of the most difficult countries in which to do business. According to recent statistics, starting a new business in Brazil involves steps between 13 government agencies, costs of about US$800 and takes over 120 days. Oficialize wants to...

  • 7 Latin American startups shaped by current entrepreneurial trends

    As the international economy recovers, the Latin American startup culture follows suit with an economic boom. Technology is becoming more readily available allowing ventures to be empowered autonomously. Also, features such as government initiatives encouraging entrepreneurship, or the general attractiveness of the startup culture is adding momentum. As mentioned by trendwatching.com in this report, both consumers and entrepreneurs are moving away from government associated jobs and services. At the same time governments in South and Central America are encouraging entrepreneurial growth. Recently tech startups around the globe and in South and Central America have started to receive an almost-celebrity...