Top 4 Startup Accelerators & Incubators in Bolivia
- Sotirios Seridis
- Mar 16
- 3 min read
In the heart of South America, Bolivia's startup landscape is undergoing a remarkable transformation, positioning itself as a rising star in the global tech scene. Driven by a perfect storm of factors: a highly educated workforce, government support, and increasing investor interest; this burgeoning landscape has set the stage for the rise of startup accelerators and incubators, crucial players in nurturing the next generation of Bolivian entrepreneurs. This article contains a comprehensive list of startup incubators and accelerators in Bolivia, so you can find a program that is suitable for you!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN BOLIVIA
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic; UPSA Students and Alumni
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Closing Thoughts on Startup Incubators and Accelerators in Bolivia
With nearly 12,000 miles of fiber optics crisscrossing the country and internet connections soaring to 10.8 million users, Bolivia has rapidly evolved into a tech powerhouse. This digital infrastructure has set the stage for an explosion of innovation, with over 20,700 companies now operating in the tech sector, spanning fields from LegalTech to EdTech and beyond. The startup ecosystem in Bolivia is not just growing; it's thriving at an unprecedented pace. Startup accelerators and incubators are at the forefront of this entrepreneurial revolution. They're the catalysts propelling Bolivia's most promising startups from concept to market leaders, playing a pivotal role in shaping the future of Latin American innovation.
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Frequently Asked Questions on Startup Incubators and Accelerators in Bolivia
What is the startup ecosystem like in Bolivia?
Bolivia's startup ecosystem is growing rapidly, focusing on local issues and technology. The tech industry is expanding, creating opportunities in e-commerce, fintech, and digital services. Despite challenges like limited funding and talent shortages, government support (tax breaks, subsidies, digital infrastructure) and private initiatives (Innova Bolivia) are nurturing development. Key players include SOLYDES Accelerator, offering intensive training and investment opportunities.
Are there costs for joining startup programs in Bolivia?
Costs vary by program. The Founder Institute charges a $499 entrance fee, while Fundación SOLYDES offers free four-month acceleration with customized training and mentorship for environment, health, and technology entrepreneurs. Some programs require equity instead of fees.
How long do startup programs typically last in Bolivia?
Programs generally run 3-12 months. Accelerators tend to have shorter durations (like Founder Institute's 4-month program), while incubators may last from 6 months to several years, depending on startup needs.
What support do startup programs in Bolivia offer for international expansion?
Bolivia offers growing international expansion support. Pista8 helps startups scale and connect with international partners. Bolivian startups have accessed programs like Start-up Chile, WeXchange, Cliq Nexus, and Xcala. The ecosystem focuses on increasing international visibility through events and embassy relationships, though more funding, mentorship, and government incentives are needed.
Are there success stories from Bolivian startup programs?
Yes. SOLYDES Accelerator has supported over 50 startups and 150+ entrepreneurs with mentorship and investment. Notable successes include tuGerente's participation in UTEC Ventures' female founder accelerator and Minkedu's selection for Start-up Chile's Build Program.
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