The launch of CIV-LAC as a regional corporate entrepreneurial platform is expected to help 600 startups.
Spain-listed phone operator Telefónica’s Wayra corporate venturing unit has partnered with Inter-American Development Bank (IDB) to set up an open innovation and corporate entrepreneurship platform in Latin America.
The launch of CIV-LAC as a regional corporate entrepreneurial platform is expected to help 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America.
José María Álvarez-Pallete, president of Telefónica, said: “This partnership and collaboration enables us to maximize our contribution toward just socioeconomic development through a green…