The Amazon Impact Accelerator (AMAZ), a social and biological diversity business accelerator that operates in the Amazon, coordinated by the Amazon Conservation and Sustainable Development Institute (IDESAM), held its third call for business proposals in March and April of this year. Fundo Vale is one of AMAZ’s founders and strategic partners. 

This time, the contest attracted 112 entries from 17 states. AMAZ’s team has been analyzing the applicant businesses and the 20 that best fit the selection criteria will be interviewed and appraised in greater depth. Of this total, 10 will be selected for pre-acceleration, of which up to 6 will join AMAZ’s acceleration program, receiving investments of up to R$600,000. Together, the applicant businesses generate annual sales of more than R$30 million and require more than R$163 million in investments to boost their growth. 

Most of the ventures are in the traction or business organization phase. Although the public announcement stated that the initiatives ought to be operating, albeit at an early stage, in order to take part in the contest, some businesses in the prototyping, pilot or MVP phases also applied. 

Discover the types of businesses that responded to AMAZ’s 2023 call for proposals.