PROMPERÚ: Startups seek to attract foreign direct investment in excess of $89 million

• The 2nd High Technology Investment Meeting will be held this November 29 and 30.

• The objective of the event is to position the country in the global innovation ecosystem.

On November 29 and 30, Commission for the Promotion of Peruvian Exports and Tourism (PROMPERÚ) will hold the 2nd High Technology Investment Meeting 2022, an initiative that aims to position Peru as an attractive and reliable destination for foreign direct investment in the high technology sector.

"This meeting will seek to continue positioning Peru as an attractive country for foreign investment in the Peruvian entrepreneurship and innovation ecosystem, where established companies stand out for their capacity and human capital formation. On this occasion, the participating startups will seek to attract direct foreign investment of around $89 million," said Amora Carbajal, Executive Director of PROMPERÚ.

Photograph: PROMPER

The event will feature forums, panels and business roundtables between investors and Peruvian companies, to show the potential of the sector, subsectors and supply of Peruvian startups. In addition, they will address issues of trends in private investment in the high-tech sector in Peru, the importance of diversity in Venture Capital, among others.

During the 1st High Technology Investment Meeting, held in 2021 in virtual format, PROMPERÚ managed to promote and bring 45 Peruvian startups together, which were in search of more than $72 million dollars with 52 investors from 11 countries in Europe and Latin America. Moreover, 96 meetings were held, where investors requested a second meeting with the Peruvian startups.

For more information on the 2nd High Technology Investment Meeting, please access the following link:  https://inversionaltatecnologia.promperu.gob.pe/