Key insights
Importance of Technological Research and Innovation
The focus of the PIP start program is to help startups transform their ideas into minimum viable products (MVPs) and prototypes that can be quickly brought to the market, with a particular emphasis on scientific startup programs that involve technological development and market risk.
The call for proposals is seeking projects that involve solutions for agribusiness and sustainability, including technologies such as sensors, drones, robotization, and automation.
The announcement aims to support both researchers and entrepreneurs in validating their ideas and writing a strong research project, emphasizing the importance of technological research focused on challenges.
Entrepreneurship can take on different forms, including social entrepreneurship, government problem-solving, and the generation of new businesses, highlighting the diverse ways in which value can be created through creative implementation of ideas.
Ideation is just the beginning of the journey for both technological solutions and new businesses, as they need to go through a validation process to ensure viability and success.
The technological challenge is to find an innovative and cost-effective alternative to automate the identification and exclusion of pests, surpassing the efficiency of established competitors in the market.
The extreme need that causes discomfort and has consequences in the client's routine is the pain that should be targeted when idealizing a technological solution.
The partnership between FAPESP and SEBRAE offers unique training opportunities for researchers, focusing on project writing and innovation in a way that has never been done before.
Funding and Support Programs
SEBRAE for startups is an initiative that has been running for two years, providing programs and support for startups in Brazil.
The partnership between SEBRAE and FAPESP will provide 150 million in funding to support startups participating in the calls, aiming to bridge the gap between research and entrepreneurship.
The training program aims to encourage ideation for new ventures, products, processes, and services, providing support for entrepreneurs in their journey of entrepreneurship and innovation.
Scalability is crucial for startups, as it depends on the ability to meet the demand and achieve recurring sales in order to thrive and remain in the market.
Selection and Evaluation Process
The selection process for funding projects requires a rigorous evaluation of the project's feasibility and potential impact, as public money is involved.
The selection process for projects in the PIPE Start program prioritizes quality over quantity, aiming to approve around 100 projects that demonstrate potential impact and feasibility.