A. M. 
Courtesy
For the seventh consecutive year, Davivienda El Salvador announced a new edition of its pioneer technological entrepreneurship contest called Espaciotec, which aims to open more opportunities for the successful development of projects and companies that have or plan to have a technological component in their business model.
With this new call, Davivienda invites salvadoran entrepreneurs to register from today until July 31, 2024, so they can participate to obtain the tools and knowledge to develop their projects; for example, on the development of the business plan, prototyping, testing and networking to launch it to the market.
In this new edition of Espaciotec, the participation of projects is expected through two categories: the first one on the “Development of Ideas”, which will adopt projects that are in the idea stage. As a requirement, participants must have a business idea with a technological addition in its marketing, distribution or payment process. In addition, as part of the requirements, they must be groups of 1 to 5 people with an annual income of US$0 to US$15 thousand.
For the second category, which consists of “Business Development”, which will host early stage companies, they must be companies with a solid and innovative business model, with structured finances and a well-defined customer segment. In addition, they must be businesses with a maximum of 50 employees and annual sales between US$7 thousand and US$300 thousand.
The topics of participation for both categories must be related to the environment, education, community support, Fintech, productivity, transportation, commerce, industry, leisure, tourism, gastronomy, agrotech, artificial intelligence, Big Data, internet of things, health, legal and smart cities, logistics, among others.
Entrepreneurs who meet the requirements will participate in a training process that includes master classes, fully live sessions with experts in the field of entrepreneurship at national and international level who will share their knowledge, tips and experiences to strengthen and enhance the proposals of the participants.
In addition, the training process includes training through the Rokk3r platform, which is focused on exponential startups with a complete ecosystem of education, consulting, execution. It partners with companies and entrepreneurs through its unique model to generate innovation and create companies from start to finish. And also, through the Rokk3r Crea 10XU space, which is designed by and for entrepreneurs, where through proven methodologies and the accompaniment of international experts, everyone has the opportunity to form a community, train and achieve success.
“In Davivienda we are driven by innovation and as a sign of this, we seek to promote projects framed in this dimension. With initiatives such as Espaciotec Davivienda makes available not only financial products and services for entrepreneurs, but also invests in them, invests in their preparation, in their ideas and in their future, as we connect the creativity and talent of entrepreneurs with a network of allies, tools with which they can enhance these initiatives. We invite salvadorans to participate because with this contest they will receive the right advice to learn the key to success for their ideas or their businesses, all with the aim of improving their value proposition and move forward with their projects”, said Ricardo Velásquez, manager of innovation and strategic planning of Banco Davivienda Salvadoreño.
The training period will begin in august 2024 and will end with the “TEC Day”, an event to be held on november 16 where the finalists present their project before a jury, who will determine the two winners, one for each category.
