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                <p><img src="https://images.unsplash.com/photo-1676164539863-612beb931dfb?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="an aerial view of a city with tall buildings">
<br>Uruguay’s startup ecosystem has a significant advantage in stability compared to neighboring countries, making it a beacon of certainty in a region rife with economic and political uncertainties. This stability has set the stage for promising potential within Uruguay’s startup landscape, highlighted by the success of dLocal, the country’s first unicorn, now listed on Nasdaq. It is also worth noting that Uruguay has become a preferred destination for entrepreneurs from across the region, including well-known figures like Marcos Galperin, CEO of MercadoLibre.</p>
<p>The involvement of universities in Uruguay is crucial for ecosystem support, with accelerator programs like CIE-ORT, Fundación Julio Ricaldon, and ITHAKA playing an active role. <a href="https://www.ort.edu.uy/">Universidad ORT Uruguay</a>, for instance, has nurtured founders of successful startups, such as Maximiliano Casal of Newports, a unicorn based in Mexico that operates as a digital-freight forwarder. Supporting local talent and fostering entrepreneurship should be at the forefront of government initiatives, such as those offered by the National Agency for Research and Innovation (ANII) and <a href="https://proyectauruguay.uy/">Proyecta Uruguay</a>, in collaboration with Endeavor. <br></p>
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<p><br>In order to further stimulate startup growth, the public sector should create more avenues for funding, engage private sector stakeholders, and enhance the country’s regulatory and digital infrastructure. As Uruguay continues to advance in these areas, it can position itself as an attractive hub for foreign entrepreneurs and investors looking to scale regional and global startups. With its exceptional internet connectivity, high literacy rates, robust tech sector, strong international partnerships, and existing startups excelling in AI and gaming, Uruguay has all the ingredients to propel its startup ecosystem to new heights through strategic collaborations and partnerships.<br></p>

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![an aerial view of a city with tall buildings](https://images.unsplash.com/photo-1676164539863-612beb931dfb?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
<br>Uruguay’s startup ecosystem has a significant advantage in stability compared to neighboring countries, making it a beacon of certainty in a region rife with economic and political uncertainties. This stability has set the stage for promising potential within Uruguay’s startup landscape, highlighted by the success of dLocal, the country’s first unicorn, now listed on Nasdaq. It is also worth noting that Uruguay has become a preferred destination for entrepreneurs from across the region, including well-known figures like Marcos Galperin, CEO of MercadoLibre.

The involvement of universities in Uruguay is crucial for ecosystem support, with accelerator programs like CIE-ORT, Fundación Julio Ricaldon, and ITHAKA playing an active role. [Universidad ORT Uruguay](https://www.ort.edu.uy/), for instance, has nurtured founders of successful startups, such as Maximiliano Casal of Newports, a unicorn based in Mexico that operates as a digital-freight forwarder. Supporting local talent and fostering entrepreneurship should be at the forefront of government initiatives, such as those offered by the National Agency for Research and Innovation (ANII) and [Proyecta Uruguay](https://proyectauruguay.uy/), in collaboration with Endeavor. <br>

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<br>In order to further stimulate startup growth, the public sector should create more avenues for funding, engage private sector stakeholders, and enhance the country’s regulatory and digital infrastructure. As Uruguay continues to advance in these areas, it can position itself as an attractive hub for foreign entrepreneurs and investors looking to scale regional and global startups. With its exceptional internet connectivity, high literacy rates, robust tech sector, strong international partnerships, and existing startups excelling in AI and gaming, Uruguay has all the ingredients to propel its startup ecosystem to new heights through strategic collaborations and partnerships.<br>

Bunker DB

Data4Sales

Zyte

zSpace

nocnoc

Meitre

The country has some notable startup success stories including , zSpace.

Uruguay has 1 city in the top 1000
      and is one of South America’s best countries for setting up a startup.

Since 2024, Uruguay lost 3 spots
    in the Global Startup Ecosystem Index, having now positioned itself as 58th worldwide.

Uruguay’s startup ecosystem ranks 5th in South America and 58th globally. Uruguay’s startups raised 5744858 US dollars on average. Find the most promising startups, unicorns, and notable exits in Uruguay.

Startup Ecosystem of Uruguay | Startupblink

In 2024, Uruguay register a rise in
    Software & Data startups. Some of the most notable success stories in this
    industry are those of , zSpace.

With a large variety of accelerator programs and initiatives, Uruguay's startup scene stands out from that of other countries in South America. Uruguay offers a number of funding
opportunities for entrepreneurs and startups. Below is a list of some of Uruguay's most prominent support initiatives:

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 127a # 53a-45

Carrera 19 # 100 - 45

WeWork

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 26 # 92-32

Carrera 11B # 99 - 25

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Samseong Station II

Gangnam Station

Seoul Business Agency

SK Hynix

Toss Lab

AIV 

OP.GG

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Hanzomon PREX North

Iceberg

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Build2Scale Health

Queen's Startup Runway Incubation Program

Makerspace of Queen's University

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's Office of Partnerships and Innovation

Queen's University Smith School Of Business

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch

From Service-Based to Product-Based Economy – Lessons from North Macedonia

Corporate Startup Activity Index 2025

The Impact of Government Support on Startups