October 19

Brazil’s Black Silicon Valley Could Be an Epicenter of Innovation in Latin America

By Paulo Rogério NunesTara Collier

Over the last five years, Brazil has witnessed a startup boom.

The main startups hubs in the country have traditionally been São Paulo and Belo Horizonte, but now a new wave of cities are building their own thriving local startup ecosystems, including Recife with Porto Digital hub and Florianópolis with Acate. More recently, a “Black Silicon Valley” is beginning to take shape in Salvador da Bahia.

While finance and media are typically concentrated in São Paulo and Rio de Janeiro, Salvador, a city of three million in the state of Bahia, is considered one of Brazil’s cultural capitals.

Photo courtesy of Photo courtesy of Victor Camilo.

Source: TechCrunch (link opens in a new window)

business development, startups