{"id":2193,"date":"2015-04-11T00:29:42","date_gmt":"2015-04-10T16:29:42","guid":{"rendered":"http:\/\/www.www.innovationiseverywhere.com\/?p=2193"},"modified":"2015-04-11T00:29:42","modified_gmt":"2015-04-10T16:29:42","slug":"uruguay-startup-scene","status":"publish","type":"post","link":"https:\/\/innovationiseverywhere.com\/fr\/uruguay-startup-scene\/","title":{"rendered":"Uruguay Startup Scene"},"content":{"rendered":"

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Uruguay\u2019s nickname is the \u201cSwitzerland of Latin America\u201d. It is indeed well known for being a financial tradeplace, as well as the safiest and less-corrupted country of all Latin America (together with Chile)<\/a>. A stable democracy, with a philosophy of financial deregulation, a culture of financial secrecy, which is friendly to foreign investors, lacks of foreign exchange controls, has no limits on fund transfers and profit remittance, and registers a lower crime rate than many Western European countries! The government policy is too watch after the investments and the intelectual property<\/strong>.<\/p>\n

Unlike its giant neighbors Brazil and Argentina, it\u2019s really common to exchange all kind of foreign currencies in Uruguay. Most business laws are oriented to external trade: a company established in Uruguay will only pay a symbolic fee to the government if it only has activity out the country<\/strong>, whereas any investment made within Argentina\u2019s frontiers cannot be taken back without paying a prohibitive fee.<\/p>\n

The History of Uruguay highlights a culture of progressivism and change<\/strong>. It settled advanced democratic institutions before most european countries did, and it\u2019s one of the first countries in the world to adopt women\u2019s vote in the early 20th. Lately, Pepe Mujica<\/a>, \u201cthe world\u2019s humblest president\u201d, has in one single mandate authorized abortion, gay mariage, and canabis production control. A revolution on a deeply catholic and conservative continent. This likeliness for change also implies a predisposition for technologic innovation. Uruguay is considered one of the most advanced in the world regarding the use of Open Source in the public administration, and it\u2019s a laboratory for Open Data experiences. They have allowed drone comercial use before anyone, and they have set a favorable legal frame to the use of virtual currencies<\/a>.<\/p>\n

The main exportation sectors of Uruguay are: meat, software, and seeds. It is both a software factory and an agricol market. The tech scene has been growing for the past two years. Lately, the success of a Latin America wide company: PedidosYa!<\/a>, which gathers all delivering restaurants in your neighborhood on one single platform, has probably inspired the local startup community. What\u2019s more, the Government Innovation Agency, the ANII (Agencia Nacional de Investigaci\u00f3n e Innovaci\u00f3n), has recently decided to take a step onwards and invest in the creation of a whole incubator network<\/a> to support Uruguay Startup Scene.<\/p>\n

Even though Uruguayan businessmen are likely to get out the country as soon as they can, it is only for a matter of size of the market. The high consumption level makes it a perfect laboratory to develop a prototype and test the market validity of a product. It\u2019s also the only country which do everything to maintain entrepreneurial stability in the Mercosur Free Trade Area (the other members, Brazil, Argentina, Paraguay, and Venezuela, are all known for being reluctant to foreign investment and have the reputation of being complicated places to do business). Uruguay is definitely the safest option to start a Mercosur oriented business, along with being a promosing emerging tech hub.<\/p>\n

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PROS<\/strong><\/h3>\n