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Page 1: Startups in Latin America - maritimesenergy.commaritimesenergy.com/flow/uploads/StartupsLatinAmerica.pdf · Networks Despegar.com Totvs Mercadolibre B2W NUMBER OF EMPLOYEES AT SELECTED

Startups in Latin America

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Table of ContentsStartups in Latin America

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TABLE OF CONTENTS

Overview

10 Start-ups rate worldwide, by region 2017

11 Latin America: distribution of tech companies 2017, by country

12 New business ownership rate in Latin America & Caribbean in 2017, by country

13 Latin America: share of tech companies in 2017, by city

14 Nascent entrepreneurship rate in Latin America & Caribbean in 2017, by country

15 Latin America: ease of doing business 2010-2017, by topic

16 New entrepreneurial activity share worldwide 2017, by region and industry

17 The Americas & Europe: female engagement in early-stage start-up activities 2017-2018

Key figures

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TABLE OF CONTENTS

19 Latin America: funding amount of selected start-ups 2018

20 Latin America: unicorn companies by number of employees 2017

21 Gender distribution of early-stage entrepreneurs in the Americas 2017, by country

22 Necessity driven entrepreneurial activity in Latin America & Caribbean in 2017

23 Latin America & the Caribbean: why entrepreneurship is not that easy 2017

24 Latin America: number of new fintech startups 2017, by country

25 Latin America: distribution of start-ups that failed 2017, by business type

26 Latin America: closing stage of start-ups that failed 2017

27 Latin America: early-stage entrepreneurship rate 2016, by country

28 Latin America & the Caribbean: attitudes towards entrepreneurial activities 2016

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TABLE OF CONTENTS

29 Latin America: female entrepreneurship share by industry 2016

Brazil

31 Brazil: amounts invested in start-ups in Brazil in 2017

32 Brazil: geographical distribution of start-ups in 2016, by city

33 Brazil: leading business models of start-ups in 2017

34 Brazil: leading investment attracting business models of start-ups in 2017

35 Brazil: startup ownership distribution 2016, by stage & ethnicity

Mexico

37 Mexico: distribution of start-ups 2013-2016, by industry

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TABLE OF CONTENTS

38 Mexico: distribution of start-ups in Mexico 2013-2016, by business structure

39 Mexico: geographical distribution of start-ups in 2016, by city

40 Mexico: perspectives of own business as a good career in 2017, by gender

41 Mexico: participation of failed start-up owners in government programs 2017

Colombia

43 Colombia: start-ups leading entrepreneurial activities 2016

44 Colombia: geographical distribution of start-ups in 2016, by city

45 Colombia: start-up owners distribution in 2016, by education and gender

46 Colombia: start-up owners distribution in 2016, by age

47 Colombia: distribution of start-ups that failed by business type 2017

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TABLE OF CONTENTS

Other countries

49 Chile: survival rate of start-ups 2016

50 Chile: geographical distribution of start-ups in 2016, by city

51 Chile: activity rate of early entrepreneurship 2012-2016

52 Argentina: distribution of start-up activity 2017

53 Argentina: distribution of start-ups that failed by type of business 2017

54 Peru: share of start-ups by business activity 2016-2017

55 Peru: distribution of start-ups by age 2016-2017

56 Panama: distribution of start-ups by region 2017

57 Panama: ownership distribution of start-ups by gender 2017

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TABLE OF CONTENTS

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OverviewStartups in Latin America

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Overview

11.7%

10.3%

7.3%6.2%

5.1%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Latin America &Caribbean

North America Africa Asia & Oceania Europe

Sta

rt-u

p ra

te (

Nas

cent

E

ntre

pren

eurs

hip

Rat

e)

Note: Worldwide; 2017Further information regarding this statistic can be found on page 59.Source(s): GEM; ID 692473

10

RATE OF START-UPS WORLDWIDE IN 2017, BY REGION

Start-ups rate worldwide, by region 2017

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Overview

48%

18%14%

8% 7%5%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Brazil Argentina Mexico Chile Colombia Other

Sha

re o

f co

mpa

nies

Note: Central and South America; 2017; 123 Respondents; companies that were worth over 25 million U.S. dollars and a collective worth of over 37.7 billion U.S. dollars by the time of the surveyFurther information regarding this statistic can be found on page 60.Source(s): Surfing Tsunamis; NXTP Labs; IADB; AméricaEconomía; ID 881188

11

DISTRIBUTION OF TECH COMPANIES IN LATIN AMERICA IN 2017, BY COUNTRY

Latin America: distribution of tech companies 2017, by country

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Overview

16.3%11.7%

9.7%9.8%

8.1%7.3%

6.5%6.4%

4.3%3.6%

2.1%1.4%

0.0% 2.0% 4.0% 6.0% 8.0%10.0%12.0%14.0%16.0%18.0%

BrazilGuatemala

ChileEcuador

ColombiaLatin America & Caribbean (Regional Avg.)

PeruPanama

UruguayMexico

ArgentinaPuerto Rico

New business ownership rate

Note: Central and South America; 2017; 18-64 years; about 2,000 per countryFurther information regarding this statistic can be found on page 61.Source(s): GEM; ID 315421

12

NEW BUSINESS OWNERSHIP RATE IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY

New business ownership rate in Latin America & Caribbean in 2017, by country

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Overview

41%

16%

11%

32%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

São Paulo Buenos Aires Mexico City Other

Sha

re o

f co

mpa

nies

Note: Central and South America, Mexico; 2017; 123 Respondents; companies that were worth over 25 million U.S. dollars and a collective worth of over 37.7 billion U.S. dollars by the time of the surveyFurther information regarding this statistic can be found on page 62.Source(s): Surfing Tsunamis; NXTP Labs; IADB; AméricaEconomía; ID 880971

13

LEADING CITIES BASED ON SHARE OF TECH COMPANIES IN LATIN AMERICA IN 2017

Latin America: share of tech companies in 2017, by city

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Overview

21.2%18.7%

14.7%13.8%

11.7%10.8%10.7%10.6%

10.1%9.5%

4.4%3.9%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0%

EcuadorPeru

ChileGuatemala

Latin America & Caribbean (Regional Avg.)ColombiaUruguayMexicoPanama

Puerto RicoBrazil

Argentina

Percentage of population

Note: Central and South America; 2017Further information regarding this statistic can be found on page 63.Source(s): GEM; ID 315375

14

PERCENTAGE OF POPULATION INVOLVED IN SETTING UP A NEW BUSINESS IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY

Nascent entrepreneurship rate in Latin America & Caribbean in 2017, by country

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Overview

80

73

71

66

60.6

59

56

56

52

51

42

0 10 20 30 40 50 60 70 80 90

Starting a business

Getting electricity

Trading accross borders

Dealing with construction permits

Average*

Paying taxes

Enforcing contracts

Registering property

Getting credit

Protecting minority investors

Resolving insolvency

Score

Note: Between 2010 and 2017; On a scale from 1 (easiest) to 190 (most difficult)Further information regarding this statistic can be found on page 64.Source(s): McKinsey (Global Institute); World Bank; ID 802930

15

EASE OF DOING BUSINESS IN LATIN AMERICA BETWEEN 2010 AND 2017, BY TOPIC

Latin America: ease of doing business 2010-2017, by topic

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Overview

Latin America & Caribbean

North America

Europe Asia & Oceania

Africa

Wholesale/retail 55.7% 21.6% 27% 52.5% 53.5%

Health, education, government and social services

12.2% 17.1% 17.6% 13.8% 8.1%

Manufacturing 9% 6.2% 8.3% 7.2% 11.8%

Agriculture 2.6% 4.2% 7.1% 3.4% 12.6%

Mining 3.7% 4.9% 6.6% 4.2% 3.6%

Professional services 4.1% 16.1% 11.6% 4.4% 0.7%

Administrative services 2.7% 6.4% 6% 4.2% 1.3%

Transportation 3.4% 2.2% 2.8% 2.1% 3%

Note: Worldwide; 2017Further information regarding this statistic can be found on page 65.Source(s): GEM; ID 692478

16

SHARE OF NEW ENTREPRENEURIAL ACTIVITY WORLDWIDE IN 2017, BY REGION AND INDUSTRY

New entrepreneurial activity share worldwide 2017, by region and industry

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Overview

16.7

12.8

6.1

0

2

4

6

8

10

12

14

16

18

Latin America & theCaribbean

North America Europe

Sha

re o

f T

EA

*

Note: 2017 and 2018 Further information regarding this statistic can be found on page 66.Source(s): GEM; ID 880529

17

PERCENTAGE OF WOMEN ENGAGING IN EARLY-STAGE ENTREPRENEURIAL ACTIVITY IN THE AMERICAS AND EUROPE BETWEEN 2017 AND 2018

The Americas & Europe: female engagement in early-stage start-up activities 2017-2018

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Key figuresStartups in Latin America

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Key figures

527.6230.5

91.942.3

16.812.211.39.77.55.32.852.31.51.31

0 100 200 300 400 500 600

Nubank (Brazil)

iFood (Brazil)

GetNinjas (Brazil)

Mandaê (Brazil)

PedidosYa (Uruguay)

GAIA Design (Mexico)

Eventioz (Argentina)

Flowics (Argentina)

Total funding in million U.S. dollars

Note: Central and South America; 2018Further information regarding this statistic can be found on page 67.Source(s): CrunchBase; ID 877921

19

FUNDING AMOUNT OF SELECTED START-UP BUSINESSES IN LATIN AMERICA IN 2018 (IN MILLION U.S. DOLLARS)

Latin America: funding amount of selected start-ups 2018

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Key figures

10,001

10,000

10,000

10,000

10,000

5,000

5,000

5,000

250

0 2000 4000 6000 8000 10000 12000

Softtek (Mexico)

Globant (Argentina)

Despegar.com (Argentina)*

Totvs (Brazil)

B2W (Brazil)

Mercadolibre (Argentina)

Kio Networks (Mexico)

OLX (Argentina)

Crystal Lagoon (Chile)

Number of employees

Note: Central and South America, Mexico; as of April 2017Further information regarding this statistic can be found on page 68.Source(s): CrunchBase; ID 881918

20

NUMBER OF EMPLOYEES AT SELECTED LATIN AMERICAN UNICORN COMPANIES IN 2017

Latin America: unicorn companies by number of employees 2017

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Key figures

28.7%28%

27.9%26.3%

22.6%19.9%

19.2%18.4%18.1%

17.4%16.7%

13.2%6.5%

30.6%19.6%

21.8%22.9%

15%20.7%

18.2%11.3%

14.2%11.2%

10.7%8.3%

5.4%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%

EcuadorChile

GuatemalaPeru

CanadaBrazil

ColombiaUruguayPanamaMexico

United StatesPuerto Rico

Argentina

Percentage of population

Male Female

Note: North America, Central and South America; 2017; 18-64 years; about 2,000 per countryFurther information regarding this statistic can be found on page 69.Source(s): GEM; ID 315784

21

PERCENTAGE OF POPULATION INVOLVED IN BUSINESS START-UPS IN THE AMERICAS IN 2017, BY COUNTRY AND GENDER

Gender distribution of early-stage entrepreneurs in the Americas 2017, by country

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Key figures

42.3%39.9%

32.1%31.7%

27%25.7%25.5%

21.5%21.4%

20.1%19.8%

16.7%

0.0% 5.0%10.0%15.0%20.0%25.0%30.0%35.0%40.0%45.0%

EcuadorBrazil

GuatemalaPuerto Rico

Latin America & Caribbean (Regional Avg.)Chile

MexicoUruguay

ArgentinaColombia

PanamaPeru

Percentage of total entrepreneurial activity

Note: Central and South America; 2017; 18-64 years; about 2,000 per countryFurther information regarding this statistic can be found on page 70.Source(s): GEM; ID 315645

22

NECESSITY DRIVEN ENTREPRENEURIAL ACTIVITY IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY (AS A PERCENTAGE OF TOTAL ENTREPRENEURIAL ACTIVITY)

Necessity driven entrepreneurial activity in Latin America & Caribbean in 2017

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Key figures

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Sha

re o

f re

ason

s fo

r re

stri

ctio

n

Barriers to trade and investments Barriers to entrepreneurship

Governmental control and restrictions

Note: as of August 2017Further information regarding this statistic can be found on page 71.Source(s): La Prensa; World Bank (Banco Mundial); ID 880635

23

REASONS WHY ENTREPRENEURSHIP POSSIBILITIES IN LATIN AMERICA AND THE CARIBBEAN ARE RESTRICTED IN 2017, BY COUNTRY

Latin America & the Caribbean: why entrepreneurship is not that easy 2017

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Key figures

158

130

77

0

20

40

60

80

100

120

140

160

180

Mexico Brazil Colombia

Num

ber

of f

inte

chs

Note: As of October 2017Further information regarding this statistic can be found on page 72.Source(s): PanamericanWorld; LAVCA; ID 883838

24

LEADING COUNTRIES IN NUMBER OF NEW FINTECH STARTUPS IN LATIN AMERICA AS OF OCTOBER 2017

Latin America: number of new fintech startups 2017, by country

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Key figures

54.44%61.11%

74.36%

45.45% 38.89% 25.64%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Mexico Argentina Colombia

Sha

re o

f st

art-

ups

Services Goods

Note: Argentina, Colombia, Mexico; 2017; 18-64 years; 1,500*Further information regarding this statistic can be found on page 73.Source(s): The Failure Institute; ID 879329

25

DISTRIBUTION OF FAILED START-UPS IN SELECTED LATIN AMERICAN COUNTRIES IN 2017, BY BUSINESS TYPE

Latin America: distribution of start-ups that failed 2017, by business type

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Key figures

18.06%

8.33%

15.38%9.94%

5.56% 7.69%

27.15% 27.78%

10.26%

32.73%

50%

56.41%

12%8.33% 10.26%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Mexico Argentina Colombia

Sha

re o

f re

spon

dent

s

Establishments Expansion Growth Initial stage Matureness

Note: 2017; 18-64 years; 1,500*Further information regarding this statistic can be found on page 74.Source(s): The Failure Institute; ID 879731

26

AT WHAT STAGE DID START-UPS IN SELECTED LATIN AMERICAN COUNTRIES FAIL IN 2017?

Latin America: closing stage of start-ups that failed 2017

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Key figures

31.8%

27.3%

25.1%

24.1%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0%

Ecuador

Colombia

Peru

Chile

Entrepreneurship rate

Note: Central and South America; 2016Further information regarding this statistic can be found on page 75.Source(s): GEM; ID 878888

27

LEADING COUNTRIES BASED ON EARLY-STAGE ENTREPRENEURSHIP RATE IN LATIN AMERICA IN 2016

Latin America: early-stage entrepreneurship rate 2016, by country

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Key figures

63.7% 63.2% 61%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Entrepreneurship as a goodcareer choice

Media attention forentrepreneurship

High status to successfulentrepreneurship

Note: Central and South America; 2016; 18-64 years; 2,036; at least 2,000 respondents from the Adult Population Survey and 36 experts in the National Experts Survey.Further information regarding this statistic can be found on page 76.Source(s): GEM; ID 878689

28

ATTITUDES TOWARDS ENTREPRENEURIAL ACTIVITIES IN LATIN AMERICA AND THE CARIBBEAN IN 2016

Latin America & the Caribbean: attitudes towards entrepreneurial activities 2016

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Key figures

63%

13%

10%

8%

4%

2%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%

Wholesale/retail

Gov't/health/edu/soc svc**

Manufacturing/transportation

Fin/prof/adm/consumer svcs***

Agriculture and mining

ICT*

Share of female entrepreneurs

Note: 2015 and 2016Further information regarding this statistic can be found on page 77.Source(s): GEM; ID 879898

29

DISTRIBUTION OF FEMALE ENTREPRENEURS IN LATIN AMERICA BETWEEN 2015 AND 2016, BY INDUSTRY

Latin America: female entrepreneurship share by industry 2016

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BrazilStartups in Latin America

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Brazil

31%34%

13% 14%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

Up to 100,000 100,000 to 500,000 500,000 to 1 million Over 1 milion

Sha

re o

f re

spon

dent

s

Note: Brazil; July to December 2017; 2,936; Among start-ups and related businessesFurther information regarding this statistic can be found on page 78.Source(s): StartSe; ID 878646

31

AMOUNTS INVESTED IN START-UPS IN BRAZIL AS OF DECEMBER 2017 (IN BRAZILIAN REALS)

Brazil: amounts invested in start-ups in Brazil in 2017

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Brazil

61%

12% 10%

17%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

São Paulo Rio de Janeiro Belo Horizonte Others

Sha

re o

f st

art-

ups

Note: Brazil, Central and South America; As of October 2016; Only among cities with at least 200 start-upsFurther information regarding this statistic can be found on page 79.Source(s): OECD; AngelList; ID 802685

32

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN BRAZIL AS OF OCTOBER 2016, BY CITY

Brazil: geographical distribution of start-ups in 2016, by city

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Brazil

34.05%

24.35%22%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

B2B B2C B2B2C

Sha

re o

f re

spon

dent

s

Note: Brazil; July to December 2017; 2,936; among start-ups and related businessesFurther information regarding this statistic can be found on page 80.Source(s): StartSe; ID 878588

33

LEADING BUSINESS MODELS OF START-UPS IN BRAZIL AS OF DECEMBER 2017

Brazil: leading business models of start-ups in 2017

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Brazil

32.6%

20.9% 20.7%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

B2B B2C B2B2C

Sha

re o

f re

spon

dent

s

Note: Brazil; July to December 2017; 2,936; among start-ups and related businessesFurther information regarding this statistic can be found on page 81.Source(s): StartSe; ID 878617

34

LEADING START-UP BUSINESS MODELS ATTRACTING ATTENTION OF INVESTORS IN BRAZIL AS OF DECEMBER 2017

Brazil: leading investment attracting business models of start-ups in 2017

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Brazil

54.4%49.8%

30.5%

36.2%

14.3% 12.6%

0.8% 1.4%0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Early-stage startups Established startups

Sha

re o

f st

artu

ps

Brown* White Black Indigenous & Asian descent

Note: Brazil; 2016; At least 2,000 respondents**Further information regarding this statistic can be found on page 82.Source(s): GEM; ID 886798

35

DISTRIBUTION OF STARTUP OWNERSHIP IN BRAZIL IN 2016, BY STAGE AND OWNER ETHNICITY

Brazil: startup ownership distribution 2016, by stage & ethnicity

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MexicoStartups in Latin America

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Mexico

18%17%

9%8%

7%6%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

Financialservices

Health Agriculture Education Environment ICT

Sha

re o

f st

art-

ups

Note: Mexico; 2013 to 2016; 318 RespondentsFurther information regarding this statistic can be found on page 83.Source(s): ANDE (Galidata); The Aspen Institute; ID 877609

37

SHARE OF START-UPS IN MEXICO BETWEEN 2013 TO 2016, BY INDUSTRY

Mexico: distribution of start-ups 2013-2016, by industry

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Mexico

87%

7%3% 2%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

For-profit Company Nonprofit Other Undecided

Sha

re o

f st

art-

ups

Note: Mexico; 2013 to 2016; 318 RespondentsFurther information regarding this statistic can be found on page 84.Source(s): ANDE (Galidata); The Aspen Institute; ID 877545

38

DISTRIBUTION OF START-UPS IN MEXICO BETWEEN 2013 AND 2016, BY BUSINESS STRUCTURE

Mexico: distribution of start-ups in Mexico 2013-2016, by business structure

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Mexico

32%

10%8%

50%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Mexico City Guadalajara Monterrey Others

Sha

re o

f st

art-

ups

Note: Mexico; As of October 2016; Only among cities with at least 200 start-upsFurther information regarding this statistic can be found on page 85.Source(s): OECD; AngelList; ID 804223

39

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN MEXICO AS OF OCTOBER 2016, BY CITY

Mexico: geographical distribution of start-ups in 2016, by city

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Mexico

47.2%

52.8%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Men Women

Sha

re o

f re

spon

dent

s

Note: Mexico; 2017; 18-64 years; 2,000Further information regarding this statistic can be found on page 86.Source(s): GEM; ITESM; ID 877630

40

SHARE OF PEOPLE WHO CONSIDER STARTING A BUSINESS AS A GOOD CAREER OPTION IN MEXICO IN 2017, BY GENDER

Mexico: perspectives of own business as a good career in 2017, by gender

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Mexico

23.08%

52.66%

24.26%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Yes No Applied, but was not selected

Sha

re o

f re

spon

dent

s

Note: Mexico; May 2017; 15 years and older; 169 Respondents; among start-up ownersFurther information regarding this statistic can be found on page 87.Source(s): CAF - Banco de Desarollo de América Latina; The Failure Institute; ID 879116

41

SHARE OF FAILED START-UP OWNERS WHO PARTICIPATED IN GOVERNMENTAL PROGRAMS IN MEXICO AS OF MAY 2017

Mexico: participation of failed start-up owners in government programs 2017

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ColombiaStartups in Latin America

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Colombia

32%

21%

18%

8%

7%

4%

3%

2%

2%

1%

3%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0%

Production and commercialization

Technological development

Consultancies and incubators

Communication services

Training and education

Cultural services

Health services

Architectural services

Repair services

Finance

Other

Share of start-ups

Note: Colombia; 2016; 2,696; start-ups with formal age of less than 5 years and with less than 10 employeesFurther information regarding this statistic can be found on page 88.Source(s): iNNpulsa Colombia; ID 880802

43

LEADING ENTREPRENEURIAL ACTIVITIES OF START-UPS IN COLOMBIA AS OF 2016

Colombia: start-ups leading entrepreneurial activities 2016

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Colombia

48%

23%

29%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Bogotá Medellín Others

Sha

re o

f st

art-

ups

Note: Colombia, Central and South America; As of October 2016; Only among cities with at least 200 start-upsFurther information regarding this statistic can be found on page 89.Source(s): OECD; AngelList; ID 804222

44

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN COLOMBIA AS OF OCTOBER 2016, BY CITY

Colombia: geographical distribution of start-ups in 2016, by city

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Colombia

2.6%

7.9%

32.2%

26.7%

1%4.1%

13.3% 12.2%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

High school Technical/Vocationaltraining

Undergraduate degree Postgraduate degree

Sha

re o

f re

spon

dent

s

Men Women

Note: Colombia; 2016; 2,696; start-ups with formal age of less than 5 years and with less than 10 employeesFurther information regarding this statistic can be found on page 90.Source(s): iNNpulsa Colombia; ID 880279

45

DISTRIBUTION OF START-UP OWNERS IN COLOMBIA IN 2016, BY EDUCATION AND GENDER

Colombia: start-up owners distribution in 2016, by education and gender

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Colombia

49.37%

28.79%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

25 to 35 years 35 to 45 years

Sha

re o

f re

spon

dent

s

Note: Colombia; 2016; 2,696; start-ups with formal age of less than 5 years and with less than 10 employeesFurther information regarding this statistic can be found on page 91.Source(s): iNNpulsa Colombia; ID 880389

46

SHARE OF START-UP OWNERS IN COLOMBIA IN 2016, BY AGE GROUP

Colombia: start-up owners distribution in 2016, by age

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Colombia

25.64%

74.36%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Goods Services

Sha

re o

f st

art-

ups

that

fai

led

Note: Colombia; 2017; 18-64 years; 1,500*Further information regarding this statistic can be found on page 92.Source(s): The Failure Institute; ID 879045

47

DISTRIBUTION OF FAILED START-UPS IN COLOMBIA IN 2017, BY TYPE OF BUSINESS

Colombia: distribution of start-ups that failed by business type 2017

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Other countriesStartups in Latin America

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Other countries

27%21%

27%24%29%29%

35%

47%50%41%

59%

76%73%80%

96%98%

85%

96%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Sur

viva

l rat

e of

sta

rt-u

ps

Note: Chile; 2016Further information regarding this statistic can be found on page 93.Source(s): Start-up Chile; ID 877739

49

SUCCESS RATE OF START-UPS IN CHILE IN 2016, BY TYPE OF PROGRAM AND ENTRY DATE

Chile: survival rate of start-ups 2016

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Other countries

80%

20%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

Santiago Others

Sha

re o

f st

art-

ups

Note: Chile, Central and South America; As of October 2016; Only among cities with at least 200 start-upsFurther information regarding this statistic can be found on page 94.Source(s): OECD; AngelList; ID 804219

50

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN CHILE AS OF OCTOBER 2016, BY CITY

Chile: geographical distribution of start-ups in 2016, by city

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Other countries

23%24%

27%26%

24%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

2012 2013 2014 2015 2016

Ear

ly-s

tage

ent

repr

eneu

rial

act

ivit

y ra

te

Note: Chile; 2012 to 2016Further information regarding this statistic can be found on page 95.Source(s): GEM; ID 877722

51

EARLY-STAGE ENTREPRENEURIAL ACTIVITY RATE IN CHILE FROM 2012 TO 2016

Chile: activity rate of early entrepreneurship 2012-2016

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Other countries

10%

90%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

Other places in Argentina Buenos Aires

Sta

rt-u

p ac

tivi

ty s

hare

Note: Argentina; 2017Further information regarding this statistic can be found on page 96.Source(s): The Next Web; ID 877541

52

DISTRIBUTION OF START-UP COMPANY ACTIVITY IN ARGENTINA AS OF 2017, BY REGION

Argentina: distribution of start-up activity 2017

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Other countries

38.89%

61.11%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Goods Services

Sha

re o

f st

art-

us th

at f

aile

d

Note: Argentina; 2017; 18-64 years; 1,500*Further information regarding this statistic can be found on page 97.Source(s): The Failure Institute; ID 879063

53

DISTRIBUTION OF FAILED START-UPS IN ARGENTINA IN 2017, BY TYPE OF BUSINESS

Argentina: distribution of start-ups that failed by type of business 2017

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Other countries

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

Retail, hotels and restaurantsWholesale

ManufacturingTransport and storage

Agriculture, forestry and fisheryGovernment, health, education, social services

Mining and constructionConsumer services

Administrative servicesProfessional services

Information and communication

Share of start-ups

Established entrepreneurships Early-stage entrepreneurships

Note: Peru; 2016 to 2017Further information regarding this statistic can be found on page 98.Source(s): GEM (Peru); ID 878053

54

DISTRIBUTION OF START-UPS IN PERU BETWEEN 2016 AND 2017, BY BUSINESS SECTOR ACTIVITY

Peru: share of start-ups by business activity 2016-2017

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Other countries

21%

17%

11%

16%

35%32%

28%30%

23%

27% 27%29%

14%17%

23%

16%

7% 8%

12%

8%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

Resource economy Efficiency economy Innovation economy Total of economies

Sha

re o

f en

trep

rene

urs

18-24 25-34 35-44 45-54 55-64

Note: Peru; 2016 to 2017Further information regarding this statistic can be found on page 99.Source(s): GEM (Peru); ID 878094

55

DISTRIBUTION OF EARLY-STAGE ENTREPRENEURS IN PERU BETWEEN 2016 AND 2017, BY AGE AND SECTOR

Peru: distribution of start-ups by age 2016-2017

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Other countries

50% 50%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Central Panama Other regions of Panama

Sha

re o

f st

art-

ups

Note: Panama; 2017; 850 RespondentsFurther information regarding this statistic can be found on page 100.Source(s): Gobierno de la República de Panamá (AMPYME); ID 880870

56

DISTRIBUTION OF START-UPS IN PANAMA IN 2017, BY REGION

Panama: distribution of start-ups by region 2017

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Other countries

49%51%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

Female Male

Sha

re o

f st

art-

ups

Note: Panama; 2017; 850 RespondentsFurther information regarding this statistic can be found on page 101.Source(s): Gobierno de la República de Panamá (AMPYME); ID 880769

57

DISTRIBUTION OF OWNERSHIP OF START-UPS IN PANAMA IN 2017, BY GENDER

Panama: ownership distribution of start-ups by gender 2017

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ReferencesStartups in Latin America

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References 59

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, pages 106-107

Website URL visit the website

Back to statistic

Notes:

The start-up rate is the percentage of 18-64 population who are currently a nascent entrepreneur, i.e., actively involved in setting up a business they will own or co-own; this business has not paid salaries, wages, or any other payments to the owners for more than three months. The start-up rate can also be defined as the Nascent Entrepreneurship Rate.

RATE OF START-UPS WORLDWIDE IN 2017, BY REGION

Start-ups rate worldwide, by region 2017

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References 60

Source and methodology information

Source(s) Surfing Tsunamis; NXTP Labs; IADB; AméricaEconomía

Conducted by Surfing Tsunamis; NXTP Labs; AméricaEconomía

Survey period 2017

Region(s) Central and South America

Number of respondents 123

Age group n.a.

Special characteristics companies that were worth over 25 million U.S. dollars and a collective worth of over 37.7 billion U.S. dollars by the time of the survey

Published by IADB

Publication date July 2018

Original source Tecnolatinas: Latin America Riding the Technology Tsunami, page 13

Website URL visit the website

Back to statistic

Notes:

The source does not provide any information regarding missing percentage points to 100 percent. The source does not specify the exact survey period. The sample was reached through research on specialized publications (such as Ange List and Crunchbase) as well as through expert interviews.

DISTRIBUTION OF TECH COMPANIES IN LATIN AMERICA IN 2017, BY COUNTRY

Latin America: distribution of tech companies 2017, by country

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References 61

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) Central and South America

Number of respondents about 2,000 per country

Age group 18-64 years

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, page 106

Website URL visit the website

Back to statistic

Notes:

n.a.

NEW BUSINESS OWNERSHIP RATE IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY

New business ownership rate in Latin America & Caribbean in 2017, by country

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References 62

Source and methodology information

Source(s) Surfing Tsunamis; NXTP Labs; IADB; AméricaEconomía

Conducted by Surfing Tsunamis; NXTP Labs; AméricaEconomía

Survey period 2017

Region(s) Central and South America, Mexico

Number of respondents 123

Age group n.a.

Special characteristics companies that were worth over 25 million U.S. dollars and a collective worth of over 37.7 billion U.S. dollars by the time of the survey

Published by IADB

Publication date July 2018

Original source Tecnolatinas: Latin America Riding the Technology Tsunami, page 13

Website URL visit the website

Back to statistic

Notes:

The source does not provide any information regarding missing percentage points to 100 percent. The source does not specify the exact survey period. The sample was reached through research on specialized publications (such as Angel List and Crunchbase) as well as through expert interviews.

LEADING CITIES BASED ON SHARE OF TECH COMPANIES IN LATIN AMERICA IN 2017

Latin America: share of tech companies in 2017, by city

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References 63

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) Central and South America

Number of respondents about 2,000 per country

Age group 18-64 years

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, page 106

Website URL visit the website

Back to statistic

Notes:

n.a.

PERCENTAGE OF POPULATION INVOLVED IN SETTING UP A NEW BUSINESS IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY

Nascent entrepreneurship rate in Latin America & Caribbean in 2017, by country

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References 64

Source and methodology information

Source(s) McKinsey (Global Institute); World Bank

Conducted by McKinsey; World Bank

Survey period Between 2010 and 2017

Region(s) Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics On a scale from 1 (easiest) to 190 (most difficult)

Published by McKinsey (Global Institute)

Publication date April 2017

Original source Where will Latin America's growth come from?, page 13

Website URL visit the website

Back to statistic

Notes:

* Data calculated by Statista based on the source's data. The source provides the following additional information: "Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation".

EASE OF DOING BUSINESS IN LATIN AMERICA BETWEEN 2010 AND 2017, BY TOPIC

Latin America: ease of doing business 2010-2017, by topic

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References 65

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) Worldwide

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, pages 122-125

Website URL visit the website

Back to statistic

Notes:

New entrepreneurial activity share is based on the new entrepreneurial activity rate (Total Early-Stage Entrepreneurial Activity), which is the percentage of the 18-to-64-year-old population who are either in the process of starting a business or have started a business which is less than 42 months old.

SHARE OF NEW ENTREPRENEURIAL ACTIVITY WORLDWIDE IN 2017, BY REGION AND INDUSTRY

New entrepreneurial activity share worldwide 2017, by region and industry

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References 66

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017 and 2018

Region(s) North America, Europe, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date April 2018

Original source GEM 2017/2018 Global Report, page 15

Website URL visit the website

Back to statistic

Notes:

*TEA (early-stage entrepreneurial activity) = percentage of adults who have started or are running a business up to 3.5 years

PERCENTAGE OF WOMEN ENGAGING IN EARLY-STAGE ENTREPRENEURIAL ACTIVITY IN THE AMERICAS AND EUROPE BETWEEN 2017 AND 2018

The Americas & Europe: female engagement in early-stage start-up activities 2017-2018

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References 67

Source and methodology information

Source(s) CrunchBase

Conducted by CrunchBase

Survey period 2018

Region(s) Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by CrunchBase

Publication date July 2018

Original source crunchbase.com

Website URL visit the website

Back to statistic

Notes:

This statistic was assembled using specific links for each company: Mandaê GAIA Design Nubank Properat i ZIO Studios PedidosYa Linio Mural VU Security Flowics Workana Eventioz Clip GetNinjas iFood

FUNDING AMOUNT OF SELECTED START-UP BUSINESSES IN LATIN AMERICA IN 2018 (IN MILLION U.S. DOLLARS)

Latin America: funding amount of selected start-ups 2018

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References 68

Source and methodology information

Source(s) CrunchBase

Conducted by CrunchBase

Survey period as of April 2017

Region(s) Central and South America, Mexico

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by CrunchBase

Publication date April 2017

Original source crunchbase.com

Website URL visit the website

Back to statistic

Notes:

* Including employees in Mexico, Colombia & Venezuela. This statistic was assembled using specific links for each company: Softtek Crystal Lagoons OLX Globant KIO Networks Despegar.com Totvs Mercadolibre B2W

NUMBER OF EMPLOYEES AT SELECTED LATIN AMERICAN UNICORN COMPANIES IN 2017

Latin America: unicorn companies by number of employees 2017

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References 69

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) North America, Central and South America

Number of respondents about 2,000 per country

Age group 18-64 years

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, pages 118-119

Website URL visit the website

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Notes:

n.a.

PERCENTAGE OF POPULATION INVOLVED IN BUSINESS START-UPS IN THE AMERICAS IN 2017, BY COUNTRY AND GENDER

Gender distribution of early-stage entrepreneurs in the Americas 2017, by country

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References 70

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2017

Region(s) Central and South America

Number of respondents about 2,000 per country

Age group 18-64 years

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global entrepreneurship monitor 2017/2018, page 112

Website URL visit the website

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Notes:

A necessity-driven entrepreneur is one who started the business because there were no better options for work, rather than because s/he saw the start-ups as an opportunity.

NECESSITY DRIVEN ENTREPRENEURIAL ACTIVITY IN LATIN AMERICA & CARIBBEAN IN 2017, BY COUNTRY (AS A PERCENTAGE OF TOTAL ENTREPRENEURIAL ACTIVITY)

Necessity driven entrepreneurial activity in Latin America & Caribbean in 2017

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References 71

Source and methodology information

Source(s) La Prensa; World Bank (Banco Mundial)

Conducted by World Bank (Banco Mundial)

Survey period as of August 2017

Region(s) North America, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by La Prensa

Publication date August 2017

Original source laprensa.com

Website URL visit the website

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Notes:

* OECD is the Organization for Economic Co-operation and Development. Of the selected Latin American and Caribbean countries only Chile is a member country of OECD; the other countries listed are 'non-OECD countries'.

REASONS WHY ENTREPRENEURSHIP POSSIBILITIES IN LATIN AMERICA AND THE CARIBBEAN ARE RESTRICTED IN 2017, BY COUNTRY

Latin America & the Caribbean: why entrepreneurship is not that easy 2017

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References 72

Source and methodology information

Source(s) PanamericanWorld; LAVCA

Conducted by LAVCA

Survey period As of October 2017

Region(s) Brazil, Colombia, Mexico

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by PanamericanWorld

Publication date October 2017

Original source panamericanworld.com

Website URL visit the website

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Notes:

n.a.

LEADING COUNTRIES IN NUMBER OF NEW FINTECH STARTUPS IN LATIN AMERICA AS OF OCTOBER 2017

Latin America: number of new fintech startups 2017, by country

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References 73

Source and methodology information

Source(s) The Failure Institute

Conducted by The Failure Institute

Survey period 2017

Region(s) Argentina, Colombia, Mexico

Number of respondents 1,500*

Age group 18-64 years

Special characteristics n.a.

Published by The Failure Institute

Publication date July 2018

Original source thefailureinstitute.com

Website URL visit the website

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Notes:

*The Failure Institute reached out to more than 1,500 failed businesses worldwide. The sample number for Argentina was 36 businesses; 39 businesses in Colombia and 825 businesses in Mexico. The source doesn't provide information on the type of survey. The source did not provide the date of publication; the date used was the access date.

DISTRIBUTION OF FAILED START-UPS IN SELECTED LATIN AMERICAN COUNTRIES IN 2017, BY BUSINESS TYPE

Latin America: distribution of start-ups that failed 2017, by business type

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References 74

Source and methodology information

Source(s) The Failure Institute

Conducted by The Failure Institute

Survey period 2017

Region(s) North America, Central and South America

Number of respondents 1,500*

Age group 18-64 years

Special characteristics n.a.

Published by The Failure Institute

Publication date July 2018

Original source thefailureinstitute.com

Website URL visit the website

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Notes:

*The Failure Institute reached out to more than 1,500 failed businesses worldwide. The sample number for Argentina was 36 businesses; 39 businesses in Colombia and 825 businesses in Mexico. The source doesn't provide information on the type of survey. The source did not provide the date of publication; the date used was the access date.

AT WHAT STAGE DID START-UPS IN SELECTED LATIN AMERICAN COUNTRIES FAIL IN 2017?

Latin America: closing stage of start-ups that failed 2017

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References 75

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2016

Region(s) Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date June 2017

Original source Global Entrepreneurship Monitor Ecuador 2016 Report, page 25

Website URL visit the website

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Notes:

n.a.

LEADING COUNTRIES BASED ON EARLY-STAGE ENTREPRENEURSHIP RATE IN LATIN AMERICA IN 2016

Latin America: early-stage entrepreneurship rate 2016, by country

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References 76

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2016

Region(s) Central and South America

Number of respondents 2,036

Age group 18-64 years

Special characteristics at least 2,000 respondents from the Adult Population Survey and 36 experts in the National Experts Survey.

Published by GEM

Publication date November 2017

Original source Global Entrepreneurship Monitor Belize 2016 Report, page 9-10

Website URL visit the website

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Notes:

Multiple answers were possible.

ATTITUDES TOWARDS ENTREPRENEURIAL ACTIVITIES IN LATIN AMERICA AND THE CARIBBEAN IN 2016

Latin America & the Caribbean: attitudes towards entrepreneurial activities 2016

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References 77

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2015 and 2016

Region(s) North America, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date September 2017

Original source GEM Women's Entrepreneurship Report 2016/17, page 41

Website URL visit the website

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Notes:

* Information and Communication Technology ** Government, health, education, social services *** Finance, professor, administration, consumer services

DISTRIBUTION OF FEMALE ENTREPRENEURS IN LATIN AMERICA BETWEEN 2015 AND 2016, BY INDUSTRY

Latin America: female entrepreneurship share by industry 2016

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References 78

Source and methodology information

Source(s) StartSe

Conducted by StartSe

Survey period July to December 2017

Region(s) Brazil

Number of respondents 2,936

Age group n.a.

Special characteristics Among start-ups and related businesses

Published by StartSe

Publication date June 2018

Original source Censo StartSe 2017: Brazil Startup Ecosystem Report, page 12

Website URL visit the website

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Notes:

The source did not provide information on the survey type.

AMOUNTS INVESTED IN START-UPS IN BRAZIL AS OF DECEMBER 2017 (IN BRAZILIAN REALS)

Brazil: amounts invested in start-ups in Brazil in 2017

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References 79

Source and methodology information

Source(s) OECD; AngelList

Conducted by AngelList

Survey period As of October 2016

Region(s) Brazil, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics Only among cities with at least 200 start-ups

Published by OECD

Publication date May 2017

Original source Active with Latin America and the Caribbean, page 36

Website URL visit the website

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Notes:

n.a.

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN BRAZIL AS OF OCTOBER 2016, BY CITY

Brazil: geographical distribution of start-ups in 2016, by city

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References 80

Source and methodology information

Source(s) StartSe

Conducted by StartSe

Survey period July to December 2017

Region(s) Brazil

Number of respondents 2,936

Age group n.a.

Special characteristics among start-ups and related businesses

Published by StartSe

Publication date June 2018

Original source Censo StartSe 2017: Brazil Startup Ecosystem Report, page 9

Website URL visit the website

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Notes:

The source did not provide information on the survey type.

LEADING BUSINESS MODELS OF START-UPS IN BRAZIL AS OF DECEMBER 2017

Brazil: leading business models of start-ups in 2017

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References 81

Source and methodology information

Source(s) StartSe

Conducted by StartSe

Survey period July to December 2017

Region(s) Brazil

Number of respondents 2,936

Age group n.a.

Special characteristics among start-ups and related businesses

Published by StartSe

Publication date June 2018

Original source Censo StartSe 2017: Brazil Startup Ecosystem Report, page 12

Website URL visit the website

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Notes:

The source did not provide information on the survey type.

LEADING START-UP BUSINESS MODELS ATTRACTING ATTENTION OF INVESTORS IN BRAZIL AS OF DECEMBER 2017

Brazil: leading investment attracting business models of start-ups in 2017

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References 82

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2016

Region(s) Brazil

Number of respondents At least 2,000 respondents**

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date October 2017

Original source GEM Brazil 2016 Report, page 50

Website URL visit the website

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Notes:

* This category includes people with various shades of brown skin. According to the Brazilian Institute of Geography and Statistics (IBGE), brown-skinned people ("pardos") are Brazilians with mixed ethnic ancestry. The most common mixture is of white Brazilian, Afro-Brazilian and Native Brazilian. ** GEM regulation for surveys.

DISTRIBUTION OF STARTUP OWNERSHIP IN BRAZIL IN 2016, BY STAGE AND OWNER ETHNICITY

Brazil: startup ownership distribution 2016, by stage & ethnicity

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References 83

Source and methodology information

Source(s) ANDE (Galidata); The Aspen Institute

Conducted by ANDE (Galidata); The Aspen Institute

Survey period 2013 to 2016

Region(s) Mexico

Number of respondents 318

Age group n.a.

Special characteristics n.a.

Published by ANDE (Galidata); The Aspen Institute

Publication date May 2018

Original source Aceleración en México: Impactos Iniciales en Empresas Mexicanas, page 6

Website URL visit the website

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Notes:

n.a.

SHARE OF START-UPS IN MEXICO BETWEEN 2013 TO 2016, BY INDUSTRY

Mexico: distribution of start-ups 2013-2016, by industry

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References 84

Source and methodology information

Source(s) ANDE (Galidata); The Aspen Institute

Conducted by ANDE (Galidata); The Aspen Institute

Survey period 2013 to 2016

Region(s) Mexico

Number of respondents 318

Age group n.a.

Special characteristics n.a.

Published by ANDE (Galidata); The Aspen Institute

Publication date May 2018

Original source Aceleración en México: Impactos Iniciales en Empresas Mexicanas, page 6

Website URL visit the website

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Notes:

The source does not provide any information regarding missing percentage points to 100 percent.

DISTRIBUTION OF START-UPS IN MEXICO BETWEEN 2013 AND 2016, BY BUSINESS STRUCTURE

Mexico: distribution of start-ups in Mexico 2013-2016, by business structure

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References 85

Source and methodology information

Source(s) OECD; AngelList

Conducted by AngelList

Survey period As of October 2016

Region(s) Mexico

Number of respondents n.a.

Age group n.a.

Special characteristics Only among cities with at least 200 start-ups

Published by OECD

Publication date May 2017

Original source Active with Latin America and the Caribbean, page 36

Website URL visit the website

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Notes:

n.a.

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN MEXICO AS OF OCTOBER 2016, BY CITY

Mexico: geographical distribution of start-ups in 2016, by city

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References 86

Source and methodology information

Source(s) GEM; ITESM

Conducted by GEM; ITESM

Survey period 2017

Region(s) Mexico

Number of respondents 2,000

Age group 18-64 years

Special characteristics n.a.

Published by GEM

Publication date May 2018

Original source El Emprendimiento en el Estado de Querétaro - Análisis de los datos del Global Entrepreneurship Monitor 2017/2018, page 23

Website URL visit the website

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Notes:

Source did not provide the exact date of survey neither the survey type.

SHARE OF PEOPLE WHO CONSIDER STARTING A BUSINESS AS A GOOD CAREER OPTION IN MEXICO IN 2017, BY GENDER

Mexico: perspectives of own business as a good career in 2017, by gender

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References 87

Source and methodology information

Source(s) CAF - Banco de Desarollo de América Latina; The Failure Institute

Conducted by CAF - Banco de Desarollo de América Latina; The Failure Institute

Survey period May 2017

Region(s) Mexico

Number of respondents 169

Age group 15 years and older

Special characteristics among start-up owners

Published by The Failure Institute

Publication date June 2017

Original source Recomendaciones de Política Pública a la Luz del Fracaso Emprendedor, page 44

Website URL visit the website

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Notes:

Values were calculated by Statista based on the source's data. Percentage points exceeding or not adding up to 100 are due to rounding.

SHARE OF FAILED START-UP OWNERS WHO PARTICIPATED IN GOVERNMENTAL PROGRAMS IN MEXICO AS OF MAY 2017

Mexico: participation of failed start-up owners in government programs 2017

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References 88

Source and methodology information

Source(s) iNNpulsa Colombia

Conducted by iNNpulsa Colombia

Survey period 2016

Region(s) Colombia

Number of respondents 2,696

Age group n.a.

Special characteristics start-ups with formal age of less than 5 years and with less than 10 employees

Published by iNNpulsa Colombia

Publication date April 2017

Original source Mapeo y Caracterización del Ecosistema de Emprendimiento en Colombia, con Énfasis en la Localización de las Startups, page 238

Website URL visit the website

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Notes:

The source does not provide any information regarding percentage points exceeding 100 percent.

LEADING ENTREPRENEURIAL ACTIVITIES OF START-UPS IN COLOMBIA AS OF 2016

Colombia: start-ups leading entrepreneurial activities 2016

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References 89

Source and methodology information

Source(s) OECD; AngelList

Conducted by AngelList

Survey period As of October 2016

Region(s) Colombia, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics Only among cities with at least 200 start-ups

Published by OECD

Publication date May 2017

Original source Active with Latin America and the Caribbean, page 36

Website URL visit the website

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Notes:

n.a.

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN COLOMBIA AS OF OCTOBER 2016, BY CITY

Colombia: geographical distribution of start-ups in 2016, by city

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References 90

Source and methodology information

Source(s) iNNpulsa Colombia

Conducted by iNNpulsa Colombia

Survey period 2016

Region(s) Colombia

Number of respondents 2,696

Age group n.a.

Special characteristics start-ups with formal age of less than 5 years and with less than 10 employees

Published by iNNpulsa Colombia

Publication date April 2017

Original source Mapeo y Caracterización del Ecosistema de Emprendimiento en Colombia, con Énfasis en la Localización de las Startups, page 43

Website URL visit the website

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Notes:

n.a.

DISTRIBUTION OF START-UP OWNERS IN COLOMBIA IN 2016, BY EDUCATION AND GENDER

Colombia: start-up owners distribution in 2016, by education and gender

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References 91

Source and methodology information

Source(s) iNNpulsa Colombia

Conducted by iNNpulsa Colombia

Survey period 2016

Region(s) Colombia

Number of respondents 2,696

Age group n.a.

Special characteristics start-ups with formal age of less than 5 years and with less than 10 employees

Published by iNNpulsa Colombia

Publication date April 2017

Original source Mapeo y Caracterización del Ecosistema de Emprendimiento en Colombia, con Énfasis en la Localización de las Startups, page 40

Website URL visit the website

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Notes:

Missing percentage points to 100 percent are probably due to missing information about the distribution of other age groups.

SHARE OF START-UP OWNERS IN COLOMBIA IN 2016, BY AGE GROUP

Colombia: start-up owners distribution in 2016, by age

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References 92

Source and methodology information

Source(s) The Failure Institute

Conducted by The Failure Institute

Survey period 2017

Region(s) Colombia

Number of respondents 1,500*

Age group 18-64 years

Special characteristics n.a.

Published by The Failure Institute

Publication date July 2018

Original source thefailureinstitute.com

Website URL visit the website

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Notes:

*The Failure Institute reached out to more than 1,500 failed businesses worldwide. The sample number for Colombia was 39 businesses The source doesn't provide information on the type of survey. The source did not provide the date of publication; the date used was the access date.

DISTRIBUTION OF FAILED START-UPS IN COLOMBIA IN 2017, BY TYPE OF BUSINESS

Colombia: distribution of start-ups that failed by business type 2017

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References 93

Source and methodology information

Source(s) Start-up Chile

Conducted by Start-up Chile

Survey period 2016

Region(s) Chile

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by Start-up Chile

Publication date March 2016

Original source startupchile.org

Website URL visit the website

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Notes:

* In 2010, Chile`s government introduced the accelerator Start-Up Chile that consists of three subprograms (namely Seed, Scale and TSF) with the aim to attract the best early-stage entrepreneurs to start their businesses. G represents the different application generations of companies such as TSF. For more information visit: Start-up Chile .

SUCCESS RATE OF START-UPS IN CHILE IN 2016, BY TYPE OF PROGRAM AND ENTRY DATE

Chile: survival rate of start-ups 2016

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References 94

Source and methodology information

Source(s) OECD; AngelList

Conducted by AngelList

Survey period As of October 2016

Region(s) Chile, Central and South America

Number of respondents n.a.

Age group n.a.

Special characteristics Only among cities with at least 200 start-ups

Published by OECD

Publication date May 2017

Original source Active with Latin America and the Caribbean, page 36

Website URL visit the website

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Notes:

n.a.

GEOGRAPHICAL DISTRIBUTION OF START-UPS IN CHILE AS OF OCTOBER 2016, BY CITY

Chile: geographical distribution of start-ups in 2016, by city

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References 95

Source and methodology information

Source(s) GEM

Conducted by GEM

Survey period 2012 to 2016

Region(s) Chile

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date January 2018

Original source Global Entrepreneurship Monitor Chile 2016 Report, page 10

Website URL visit the website

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Notes:

n.a.

EARLY-STAGE ENTREPRENEURIAL ACTIVITY RATE IN CHILE FROM 2012 TO 2016

Chile: activity rate of early entrepreneurship 2012-2016

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References 96

Source and methodology information

Source(s) The Next Web

Conducted by The Next Web

Survey period 2017

Region(s) Argentina

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by The Next Web

Publication date July 2017

Original source thenextweb.com

Website URL visit the website

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Notes:

n.a.

DISTRIBUTION OF START-UP COMPANY ACTIVITY IN ARGENTINA AS OF 2017, BY REGION

Argentina: distribution of start-up activity 2017

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References 97

Source and methodology information

Source(s) The Failure Institute

Conducted by The Failure Institute

Survey period 2017

Region(s) Argentina

Number of respondents 1,500*

Age group 18-64 years

Special characteristics n.a.

Published by The Failure Institute

Publication date July 2018

Original source thefailureinstitute.com

Website URL visit the website

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Notes:

*The Failure Institute reached out to more than 1,500 failed businesses worldwide. The sample number for Argentina was 36 businesses The source doesn't provide information on the type of survey. The source did not provide the date of publication; the date used was the access date.

DISTRIBUTION OF FAILED START-UPS IN ARGENTINA IN 2017, BY TYPE OF BUSINESS

Argentina: distribution of start-ups that failed by type of business 2017

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References 98

Source and methodology information

Source(s) GEM (Peru)

Conducted by GEM

Survey period 2016 to 2017

Region(s) Peru

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date November 2017

Original source Global Entrepreneurship Monitor Peru, page 39

Website URL visit the website

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Notes:

n.a.

DISTRIBUTION OF START-UPS IN PERU BETWEEN 2016 AND 2017, BY BUSINESS SECTOR ACTIVITY

Peru: share of start-ups by business activity 2016-2017

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References 99

Source and methodology information

Source(s) GEM (Peru)

Conducted by GEM

Survey period 2016 to 2017

Region(s) Peru

Number of respondents n.a.

Age group n.a.

Special characteristics n.a.

Published by GEM

Publication date May 2018

Original source Global Entrepreneurship Monitor Peru, page 47

Website URL visit the website

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Notes:

n.a.

DISTRIBUTION OF EARLY-STAGE ENTREPRENEURS IN PERU BETWEEN 2016 AND 2017, BY AGE AND SECTOR

Peru: distribution of start-ups by age 2016-2017

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References 100

Source and methodology information

Source(s) Gobierno de la República de Panamá (AMPYME)

Conducted by Gobierno de la República de Panamá

Survey period 2017

Region(s) Panama

Number of respondents 850

Age group n.a.

Special characteristics n.a.

Published by Gobierno de la República de Panamá

Publication date June 2017

Original source ampyme.gob.pa

Website URL visit the website

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Notes:

The source does not provide any information on the date of publication.

DISTRIBUTION OF START-UPS IN PANAMA IN 2017, BY REGION

Panama: distribution of start-ups by region 2017

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References 101

Source and methodology information

Source(s) Gobierno de la República de Panamá (AMPYME)

Conducted by Gobierno de la República de Panamá

Survey period 2017

Region(s) Panama

Number of respondents 850

Age group n.a.

Special characteristics n.a.

Published by Gobierno de la República de Panamá

Publication date June 2017

Original source ampyme.gob.pa

Website URL visit the website

Back to statistic

Notes:

The source does not provide any information on the date of publication.

DISTRIBUTION OF OWNERSHIP OF START-UPS IN PANAMA IN 2017, BY GENDER

Panama: ownership distribution of start-ups by gender 2017