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Updated On: Monday, 16 September 2019

WeXchange 2019 Pitch Competition is now open for women entrepreneurs

Content by: Inter-American Development Bank

The Pitch Competition, open to high-growth women entrepreneurs in Latin America and the Caribbean, is organized by IDB Lab and Angel Ventures. The deadline for application is July 31. The winner will participate in a one-week immersion program at Microsoft offices in San Francisco.

   

The  IDB Lab , a member of the Inter-American Development Bank (IDB) Group, announces the seventh edition of WeXchange, the leading forum for connecting and strengthening women entrepreneurs in Latin America and the Caribbean.   

WeXchange will be held on November 13 and 14 in Asuncion, Paraguay, at the Paseo La Galeria event center. The local partner for the WeXchange 2019 edition is KOGA. During the event, participants will have networking opportunities, participation in mentoring sessions and trainings, and access to potential investors. 

In its seventh edition, the theme of the forum will be "Women STEMpreneurs creating global businesses", inviting women entrepreneurs who seek to solve problems using their knowledge of science, technology, engineering and mathematics (STEM, for its acronym in English). 

This edition will count once again with the Pitch Competition, which will award a prize to the most innovative and dynamic STEM-focused entrepreneur in the region. The objective is to identify and recognize businesses with a strong technological and innovation component, which have at least one woman in the founding team and is targeted to Latin America and the Caribbean. Six finalists will be selected, who will make their pitch to a panel of independent experts during the WeXchange forum in Asuncion, Paraguay.  The Pitch Competition is organized by the venture capital fund Angel Ventures and powered by Microsoft for Startups. The winner and the finalists will receive important prizes for their participation in the Pitch Competition, including Azure credits and mentoring by Microsoft experts. Additionally, the winner will participate in a one-week immersion program at Microsoft offices in San Francisco, where she will be introduced to potential investors and collaborators.

Women entrepreneurs can submit their applications using this link until July 31.   

There will be launch events for the Pitch Competition in several cities, including Buenos Aires, Bogota, Lima, Mexico City, and San Jose. For information about the events and registration follow WeXchange social media accounts Fb:@WexchangeCommunity and Tw: @WeXchange. 

The winner of the 2018 Pitch Competition was the Mexican Laura Mendoza, co-founder of Unima, a biotech startup that has developed an efficient. Low-cost disease surveillance technology. This device enables health workers to diagnose diseases directly at the point of care. Unima's goal is to provide access to an early diagnose to three thousand million people living in vulnerable conditions. 

About the IDB
The Inter-American Development Bank's mission is to improve lives. Founded in 1959, the IDB is one of the main sources of long-term financing for the economic, social and institutional development of Latin America and the Caribbean. The IDB also conducts state-of-the-art research projects and provides policy advice, technical assistance and training to public and private clients throughout the region.  
www.iadb.org  

About IDB Lab
IDB Lab is the innovation laboratory of the IDB Group. We mobilize financing, knowledge, and connections to catalyze innovation for inclusion in Latin America and the Caribbean.  
We believe innovation is a powerful tool that can transform our region, providing today unprecedented opportunities to populations that are vulnerable due to economic, social, or environmental factors.
www.bidlab.org  

About Angel Ventures
Angel Ventures is a venture capital firm focused on making investments in early-stage and early-growth stages, based in Mexico City, with offices in Guadalajara, Lima and Bogota. Angel Ventures has made investments worth more than US $ 40 million through its investment fund and AV Network, a regional network of angel investors with more than 400 members. 
Angel Ventures manages AV Pacific Alliance Fund II, a regional fund with US $ 50 million in committed capital and AVP Seed Fund I, a fund based in Peru with US $ 1.5 million in committed capital. 
www.angelventures.vc

About KOGA 
It is a B Corporation that encourages entrepreneurs and SMEs to be the best for the world. Inspiring, training and accompanying entrepreneurs in the way of building their ideas and help them carry them out, empower them and scale them. 
www.koga.com.py 

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