News Releases

Sep 1, 2017

Application for the 2017 WeXchange Pitch Competition is Now Open

The Pitch Competition is organized by MIF/IDB and NXTP Labs. The deadline is September 30 and applications are open to high-growth women entrepreneurs in Latin America and the Caribbean.

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, and NXTP Labs, the investment fund with the most active acceleration program in the region, announce the fifth edition of WeXchange, the leading forum for connecting and strengthening women entrepreneurs in Latin America and the Caribbean.

WeXchange will be held on December 4 and 5 in Santiago, Chile. During the event, participants will have opportunities for networking, mentoring, and access to potential investors. The forum will be one of the satellite events at the Gender Summit.

Now in its fifth year, the theme of this year’s forum is “Women Entrepreneurs Transforming the World through Technology.” Women entrepreneurs who seek to solve problems using their knowledge of science, technology, engineering, arts and mathematics (STEAM) are invited to participate.

This edition will also feature the Pitch Competition, which will award a prize to the most innovative and dynamic STEAM-focused entrepreneur in the region. Its aim 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 Santiago, Chile. The prize for the winner and her business partner will be participation in a one-week immersion program in Silicon Valley.

Women entrepreneurs can submit their applications using this link until September 30.

The winner of the 2016 competition was Komal Dadlani, a Chilean and co-founder of Lab4U, a startup that transforms mobile devices into tools to improve the way in which science is taught, enabling students and professors from around the world to conduct experiments with a laboratory in their pocket.

Pitch Competition: Application

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 the MIF

The Multilateral Investment Fund serves as an IDBG innovation laboratory to promote development through the private sector by identifying, supporting, testing and piloting new solutions to development challenges and seeking to create opportunities for the poor and vulnerable populations in the LAC region. To fulfill its role, the MIF engages and inspires the private sector and works with the public sector when needed. www.fomin.org

About NXTP Labs

With operations in Argentina, Chile, Colombia, México and Uruguay, NXTP Labs is the most active fund for tech companies in Latin America. The firm has partnered with teams from more than 15 countries, and has invested in more than 192 companies in just over 6 years of operations. The company adds value to the startups that belong to its portfolio by including them in acceleration programs that generate a fertile ecosystem of innovation and a network that benefits entrepreneurs, investors and mentors. NXTP Labs’ entrepreneur ecosystem also includes industries and verticals such as Advertising, Agribusiness, Bitcoin, Big Data, Cloud, E-Commerce, Education, Finance, Gaming, IoT, Mobile, Security, Social Network, Social Commerce and Video. www.nxtplabs.com

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