In 2012, Brazilian startups received a total of U.S 850 million (R$ 1.7 billion) in investments, according to a research by the Brazilian Association of Startups (AB Startups). A FGV study points out that 41% of companies invested by private funds are in early stage. Currently, there are about ten thousand small digital businesses in activity.
"In the U.S. and Europe, many startups have become benchmark in the market in which they operate. In Brazil, several needs have not been fully met, which naturally attracts foreign investment, "explains Nicolas Gautier, director of the incubator Mountain do Brasil.
"When looking for investments, many entrepreneurs sin by inexperience and lack of a clear business plan," says Gautier.
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