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Uruguay Strengthens its Position Daily in the LATAM Startup Ecosystem
A Thriving Startup Ecosystem

Launch your business in Uruguay with access to incubators, accelerators, universities, innovation hubs, and highly qualified talent. Ranked 6th in Latin America and 61st worldwide, Montevideo leads a highly collaborative ecosystem that’s expanding nationwide.

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Innovation as a National Strategy

Through Uruguay Innova, Uruguay is turning science, technology, and innovation into engines of equitable growth. Backed by ANII, ANDE, and Uruguay XXI—and supported by international accelerators—the country is powering inclusive, sustainable, globally minded startups.

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We always encourage others to see Uruguay as a place where companies can solidify their expansion and continue to grow. What we see here is talent, opportunity, and—fortunately—a capital ecosystem that has consistently remained attentive and engaged.

Damaris Mendoza - Head of Investor Relations for 500 Global in Latin America
Country of origin: Mexico
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Entrepreneurship in Uruguay was an amazing experience for our startup. We found everything we needed to capitalize on the potential and turn it into tangible results. The political and economic conditions and the professionalization of human resources make it a very attractive place to settle and project a sustained growth. Finally, one of the issues that most influenced our choice of Uruguay was undoubtedly the human warmth of the society and its predisposition to receive high value proposals.
Pablo Tabares - COO at AVEDIAN
Country of origin: Argentina
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The business climate in Uruguay is very positive and continuously growing. People here are remarkably visionary, and there’s a shared understanding that success stems from that vision. I’ve witnessed Montevideo’s growth and dynamism, with significant investment and strong synergies. There’s clear potential to engage with investors and entrepreneurs, and our outlook is highly optimistic.
Manoela da Costa Moschem - CEO Vila da Mônica Gramado & Founder of Holy Investment Group
Country of origin: Brazil
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Starting a business in Uruguay is pleasant thanks to its stability and the collaborative spirit that exists between the different actors in the ecosystem. During the pandemic, we feel that we are in a modern country with a clear direction, committed to innovation in both software and hardware. Its great openness to international trade gives us multiple tools and benefits to carry out each stage of our project.
Marcos Stubrin - Co-founder & CEO at Matecaps
Country of origin: Argentina
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Uruguay gave us the stability we were really looking for to be able to plan investments and plan for the long term. The fact that the rules of the game do not change every four years is essential for technological developments such as ours. Not to mention an excellent quality of life.
Martín Spinetto - CEO & Founder at Geopoli
Country of origin: Argentina