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In the latest Global Entrepreneurship Monitor (GEM) report, Peru ranks first in the entrepreneurship spirit Index within Latin America.
Peru has an entrepreneurial spirit. This has been demonstrated by the latest Global Entrepreneurship Monitor (GEM) report, where we rank first in the entrepreneurship index within Latin America. This position explains our growth in this sector over the last years. Javier Salinas, director of Emprende UP, UP entrepreneurship and innovation center, points out that in the last five years, entrepreneurship in our country has grown by 45% since the regions with great potential need to be developed.However, setting up a venture is not easy, it requires organization, time and above all funding. According to the same GEM report, 43% of Peruvians are willing to start a business in the next three years. In this sense, Javier Salinas, director of Emprende UP, explains what types of funding there are in our country as well as which is the most suitable for you depending on the stage your venture is in:
Finally, the funding landscape is complex for Peruvian entrepreneurs; however, it is important to learn about all the types that can be accessed. Crowdfunding equity is a modality that would provide a more far-reaching alternative for early stage enterprises. It advances at a safe pace and its prompt approval is expected before the end of the first semester.
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