Top 9 Startup Accelerators & Incubators in Peru
- Sotirios Seridis
- Mar 14
- 6 min read
Peru's startup ecosystem is a vibrant and dynamic landscape, brimming with innovation, creativity, and entrepreneurial spirit. In recent years, the country has witnessed a remarkable surge in the number of startups and a growing enthusiasm for entrepreneurship. This surge can be attributed to several key factors that converge to create a fertile ground for startup growth and success, including the existence of startup accelerators and incubators. In this article, we have compiled a list of Peru's startup incubators and accelerators. They have been subdivided into applicability for startups in their 'ideation' or 'launch' stages, so you can take a pick at one that suits you best!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN PERU
Ideation Stage Startup Incubators in Peru
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: ICT
HUB UDEP is the University of Piura's Center for Innovation and Entrepreneurship. They are dedicated to supporting and strengthening the Piura region's innovation, entrepreneurship, and technology ecosystem. Their incubation programs provide financial and technical assistance to businesses as they grow and expand, as well as access to mentors, workshops, and tools to assist entrepreneurs in refining their business models and identifying growth prospects.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Nexum Business Incubator is a Peruvian entrepreneurial cluster. Nexum, which is supported by Ayacucho's Universidad Nacional San Cristóbal de Huamanga (UNSCH), intends to stimulate innovation and assist companies in the region. The incubator provides entrepreneurs with a variety of services and support, such as mentorship, training, and access to networks and financing options.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Established in 2009, Founder Institute (FI) is a renowned accelerator program that assists entrepreneurs and pre-seed firms. FI offers their flagship FI Core Program, a structured program that combines rapid growth sprints and frequent feedback to assist concept and pre-seed firms in obtaining investment, building a team, generating momentum, and launching effective businesses.
Launch Stage Startup Incubators and Accelerators in Peru
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Multiple Sectors
Endeavor Peru is a well-known non-profit organization and accelerator/incubator business with a primary focus on identifying, supporting, and advancing high-impact entrepreneurs in the country and throughout the world. Headquartered in San Isidro, Lima, they provide important tools, assistance, and mentorship to selected entrepreneurs, assisting them to develop and prosper in their respective sectors. Endeavor Peru plays a critical role in promoting the growth and success of startups in Peru by providing a comprehensive range of support services, including access to a huge network of experienced mentors, industry experts, and possible investors.
Who is it for: Early startup with a team / Mature startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Emprende UP is an entrepreneurial program and incubator situated at the University of the Pacific (UP). One of their key intiative is their incubation program, which provides chosen entrepreneurs with a dedicated workspace, cutting-edge amenities, and a supportive network of like-minded individuals. The program offers individual coaching and mentorship from experienced experts to entrepreneurs, assisting them in refining their business models, developing successful strategies, and overcoming problems. In addition to the incubation program, Emprende UP organizes a series of workshops, seminars, and networking events to enhance the entrepreneurial skills and knowledge of its participants. These
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Bio
Incubagraria is a business incubator and accelerator program in Chile that supports and nurtures agriculture companies. The initiative aims to support agricultural innovation, promote sustainable practices, and create technology solutions to the industry's difficulties.
One of Incubagraria's primary goals is to assist businesses in developing and refining their business models, validating their concepts, and scaling their operations. The program helps entrepreneurs gain market access, refine their goods or services, and interact with new clients and partners.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Multiple Sectors
USIL Ventures is a Peruvian accelerator that is part of the San Ignacio de Loyola Educational Group and funded by the Innóvate Per program. As one of the country's six key incubators/accelerators and a member of AcelerAP, they provide a complete range of startup assistance services. Their accelerator program is designed to provide structured support and coaching to companies as they launch and expand their businesses. They provide companies with vital connections and resources to develop and prosper by offering access to mentors, industry experts, and potential investors.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Multiple Sectors
UTEC Ventures is a Peruvian early-stage accelerator program. They are one of the most active early investors in the country as the startup accelerator of the University of Engineering and Technology (UTEC). UTEC Ventures invests in startups that are passionate about addressing real-world challenges and having a global impact. They place a major emphasis on technology startups and help to link them with enterprises.
Who is it for: Mature startup with a team
Need to have an idea: Yes
Focus: Technology
Wayra Hispam is the open innovation hub and corporate fund of Telefónica Movistar, a telecommunications company. As the investment arm of Movistar, Wayra Hispam focuses on supporting and investing in startups in Latin America. Wayra Hispam aims to boost the growth and success of startups by providing them with financial support, mentorship, and access to a vast network of experts, mentors, and investors.
Closing Thoughts on Joining a Startup Accelerator or Incubator in Peru
Startup accelerators and incubators play an important role in developing and growing new enterprises in Peru. They provide budding entrepreneurs the resources, mentorship, and networks they need to succeed. The success stories of these programs' startups indicate their effect on Peru's startup environment. As the startup scene expands, Peru provides prospective entrepreneurs with a plethora of options to bring their unique ideas to reality.
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Frequently Asked Questions on Startup Accelerators and Incubators in Peru
What are the leading startup accelerators and incubators in Peru?
Peru's ecosystem features prominent organizations like StartUPC, UTEC Ventures, Endeavor Peru, CIDE-PUCP, and Wayra Peru. These entities operate primarily in Lima, with emerging presence in Arequipa and Trujillo, providing resources and support for entrepreneurs across various stages from ideation to early growth across sectors including fintech, agtech, and tourism innovation.
What benefits do Peruvian accelerators typically offer to startups?
Peruvian accelerators generally provide seed funding ranging from US$10,000 to US$75,000, specialized mentorship, coworking spaces, business development services, and connections to local and international investors. Many programs leverage Peru's growing economy and strategic position within the Pacific Alliance trade bloc to help startups expand throughout Latin America.
How competitive is the selection process for Peruvian startup programs?
Top Peruvian accelerators have acceptance rates between 3-8%. Selection committees evaluate business model innovation, scalability potential, founding team composition, and market opportunity. Most programs require at least a minimum viable product (MVP) and demonstration of early market validation, with preference for startups addressing significant local or regional challenges.
Which sectors are Peruvian accelerators focusing on currently?
Peruvian accelerators are particularly focused on fintech, foodtech, mining technology innovations, tourism solutions, and digital transformation services. Programs increasingly support ventures leveraging Peru's unique advantages in biodiversity, gastronomy, mining, and cultural heritage, with special emphasis on technologies addressing financial inclusion, sustainability, and supply chain optimization.
How does the Peruvian government support the startup ecosystem?
The Peruvian government provides support through initiatives like Innóvate Perú, Startup Perú, and tax incentives for innovation activities. Recent policy developments under the National Innovation Program have improved funding and regulatory conditions for entrepreneurs, with specialized grants and matching funds available for early-stage ventures, particularly those aligned with national development priorities.
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