What is InnovaInvest?
An event by the BELLA II Innovation Hub with the expertise and coordination of RedCLARA
InnovaInvest is the third phase of innovation activities that build on the results of the previous two phases, Ideaton and Hackaton. All these stages are part of the RedCLARA Innovation Hub initiatives. The Ideaton, Hackaton, and InnovaInvest drive innovation in Latin America and the Caribbean, preparing participants to create, develop, and attract seed capital for their innovations, which aim to tackle regional challenges using new and promising technologies and their applications.
Ideathon
The first innovation activity, where participants create creative, collaborative, innovative, and scalable ideas to solve a specific challenge. The result: concept notes.
Hackathon
The second innovation activity, where participants develop a product, usually a proof of concept, based on two winning concept notes from the Ideathon.
InnovaInvest
This is the platform that promotes the innovative ideas and products from the Ideathon and Hackathon, connecting them with key players who can guide them through the development process and the creation of startups.
What is InnovaInvest for?
InnovaInvest aims to boost innovation and entrepreneurship in Latin America and the Caribbean through the products and ideas developed during the BELLA II hackathons and ideatons. In its first edition, InnovaInvest will focus on leveraging the results of the 2023 Ideaton and Hackaton, which centered on Copernicus, climate change, and agriculture.
Thematic Focus
- Climate Change
- Agriculture
Results of the BELLA II - Copernicus Ideathon and Hackathon
Agenda
- Opening and event presentation
- Innovators Track – Conferences:
- Innovation Process
- Copernicus
- Financing
- Articulation rounds – Concept notes
- Funding rounds – Products
- InnovaInvest Track:
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- Digital Innovation Panel
- Meeting with innovation organizations
- Guided Tour
- Innovation and Copernicus workspaces at the national level
Expected Results
- Strengthening local initiatives developed by NRENs and their partner institutions;
- Internationalizing products and services with innovative potential for the digital ecosystem activated by BELLA II in Latin America and the Caribbean;
- Gaining support for innovative and scalable solutions that address local or regional challenges using Copernicus data.
Invited Sectors
- National Research and Education Networks (NRENs)
- Multilateral Entities
- Government Agencies
- Financing Organizations
- Seed Capital Funds
- Companies
- Cooperation Organizations
How to participate?
Investor Role
- Support innovation initiatives by participating in the event's financing and logistics.
- Get priority access to support innovators and benefit from the results:
- Become an Articulator and, over the next six months, help integrate projects or initiatives into your organization, connect with partners or collaborators, and turn a concept note into a business plan.
- Become a Financier, and over the next six months to a year, support products of interest, either in-kind (services or capacity) or with financial investment.
- Take advantage of networking opportunities with innovators, investors, and authorities, and participate as a panelist in the Digital Innovation track.
- Share your innovation initiatives and hear about other impactful efforts in the region.
Actor Role
- Show your support for the innovation process by funding the event to cover the transportation and accommodation of innovators, as well as the transportation of speakers, refreshments, coffee breaks, lunches, etc.
- Leverage networking spaces with innovators, investors, and authorities, and participate as a panelist in the Digital Innovation track to present your initiatives and learn about other impactful efforts in the region.
- Attend conferences, funding rounds, and articulation sessions as an observer.
The first edition of InnovaInvest is being carried out in connection with the Copernicus LAC Academy, promoted by RedCLARA within the framework of BELLA II in Latin America and the Caribbean, to enhance capacity development and knowledge management in the thematic areas of Earth observation.
BELLA II is confunded by the European Union.
