Until when will the call for applications be open?

The Innovatech program is divided into three rounds, each focusing on different countries, resulting in three application rounds:
Round 1: Guatemala and Honduras
• Application dates: September 17 – November 10, 2024

How many startups will participate in Innovatech?

Only 15 startups (2-3 per country) will have the opportunity to join the program. We expect the selection process to be highly competitive, so each applicant startup must propose a plan to demonstrate that its products and/or services have the potential to meet the needs of rural areas in the program countries.

How do I apply for my startup?

Startups interested in participating in the Innovatech program must complete the application form available on our website. This form is designed to gather detailed information about the solution offered by the startup, the team, financial situation, general context, market adaptability, and other relevant aspects. The objective is to gain a deep understanding of each startup to assess its suitability and potential for the program.

How will the startups be selected for the program?

The selection of startups will be carried out by a committee consisting of sector experts, along with representatives from IFAD and the German Sparkassenstiftung. The finalist startups will be evaluated through a pitch round and a due diligence process.

Will the startups that are not selected be notified?

Yes. All startups that apply will receive a notification regarding their selection or non-selection for Innovatech 2.0.