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Acceleration Programs in Brazil: A Government Case Study of SEED.MG

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Startups and Innovation Ecosystems in Emerging Markets

Abstract

This chapter analyzes how a Brazilian government accelerator works, by examining potential performance indicators. Method: Case Study. The chosen case study is the government accelerator Startups and Entrepreneurship Ecosystem Development (SEED), which operates in the state of Minas Gerais (MG). SEED is one of the few accelerators in the country that operates with public resources, assisting startups from around the world. The performance of the SEED accelerator was evaluated, as well as its role in the stabilization of the companies that took part in the program, between 2013 and 2017. The main results reveal that there is a positive impact of the program on the region of Minas Gerais, which helps to strengthen the local economy and establish technological startup clusters. In addition, the program was considered to be well conceived and implemented for networking, programming and mentoring offered during the acceleration process. By contrast, we identified the difficulty of creating indicators to monitor the acceleration process.

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Notes

  1. 1.

    SEBRAE (Brazilian Service for Support of Micro and Small Firms) was established in 1972 as an autonomous social service to stimulate entrepreneurship in the country.

  2. 2.

    Start-Up Chile invests in local and international startups since 2010, and has changed the Chilean economy and entrepreneurial ecosystem.

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Zilber, S.N., Padovani, G., dos Reis Lucena, W. (2019). Acceleration Programs in Brazil: A Government Case Study of SEED.MG. In: Oliveira, Jr., M., Cahen, F., Borini, F. (eds) Startups and Innovation Ecosystems in Emerging Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-10865-6_9

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