From Friday, November 15, 2018 to February 22 of this year, the drive for the Entrepreneurial Fund was opened, an investment platform of the Wiese Foundation through which social endeavors of duly established businesses in Peru are identified and promoted.
This year’s drive had an important reception and the organization thanks each of the participants by encouraging them to move forward with their endeavors. On this occasion, 22 semifinalists have been selected; of which only 7 businesses will move on to the Due Diligence stage.
Semifinalists of the Entrepreneurial Fund
The fund has attracted the interest not only of businesses from Lima, but from different parts of the country. Thus, there are 10 endeavors from Lima, while the remaining 12 semifinalists are from the provinces. Here is the list of the preselected ones, by region.
Lima
- Shiwi
- Empanacombi
- Non-profit association Coders Perú – Vía Código
- SIRAY WASI S.A.C.
- Consorcio Agora S.A.C.
- Origen Peregrino
- Elemento Chocolates S.A.C.
- Estrafalario SFT
- EVEA ECOFASHION
- Nassf Travel
Cusco
- Llama Pack Ventures S.A.C.
- Quispikay? Sustainable Glamping/ Vive Libre S.A.C.
- Casitas del Arco Iris S.A.C.
- PARAQAY INVERSIONES ARARIWA SOCIEDAD ANONIMA CERRADA
San Martín
- Naturally Divine Amazonía S.A.C.
Junín
- Café Compadre
Arequipa
- La Clotilde, infusiones y fusiones
Piura
- PIXED S.A.C (PIXED Corp, as trade name)
- EcoSwell
Loreto
- Eco Ola
Madre de Dios
- HAWAKAUR E.I.R.L.
Callao
- Kala Tanta Panadería Artesanal E.I.R.L
Only 7 semifinalists will move on to the Due Diligence stage
«Although having reached the semifinal stage is an important achievement for all the selected businesses, in which their effort, the potential of their business and the alignment with the Entrepreneurial Fund are recognized, the 7 social businesses that will move on to the Due Diligence stage are yet to be chosen from among them. In that stage, topics such as the validation of the business model, the development of the financial model and its promotion will be reviewed. This decision, according to the spokeswoman from the Wiese Foundation, will be communicated in April of this year.
NESst is the international organization that, together with the Wiese Foundation, will be in charge of managing the Due Diligence, in addition to the advice and accompaniment provided to the businesses selected during the portfolio stage.
The Wiese Foundation thanks all the businesses for their participation and announces that it will be in contact with those who have managed to reach the semifinal stage in the coming days. Moreover, it adds that it will get in touch with the applicants who have not reached this stage, in order to give them the respective feedback so as to encourage them to continue with their endeavors.
