Everything You Need to Know About Buenos Aires' Tech Startup Scene

Providing the cornerstone and nurturing some of the city’s best young talent for future tech startups, Buenos Aires’ abundance of distinguished universities have been accredited with stimulating the city’s entrepreneurial spirit. The Buenos Aires Institute of Technology (ITDBA) offers an entrepreneurship course with around half of the students enrolled already planning to launch their own innovative startups.

In 2017, the Macri administration passed a new Ley de Emprendedores (Entrepreneur’s Law) making the initial startup process for entrepreneurships far simpler, with access to interest-free loans and other funding opportunities to help businesses grow.

An entrepreneurial program called IncuBAte was set up by the Buenos Aires City Government to help educate and fund startups in the city. Aimed at commercial, social, technological and high-impact entrepreneurs who want to either start, or strengthen their existing startup, incuBAte can provide assistance, access to investors, government resources, as well as funding and co-working space to help boost businesses, including:

• Design
• Social
• Technology
• Science
• Tourism
• Gastronomy
• Environment
• Media
• Agro-Technology
• Audiovisual

Academy BA is another scheme rolled out by the government which offers free entrepreneurial education. The course is entirely free. For more information about Academy BA, click here.

The cost of living in Buenos Aires is also a big attraction for young entrepreneurs looking to make their mark in the business ecosystem. Rent is significantly cheaper in the Argentinian capital, and although other aspects can be more expensive, the experience of a new culture and lifestyle can definitely be considered worth it.

What’s more, is that Buenos Aires is fantastically located for global business; in the heart of Latin America, travel to and from other main cities in the continent is easy, not to mention the daily non-stop flights to and from the US. And despite its 8,500km distance to New York City, and 11,100km distance to London, the time difference is no more than four hours, making it Buenos Aires a very desirable location to do business, not just in Argentina or Latin America, but the rest of the world too.

Since the introduction of government led organizations such as incuBAte, Buenos Aires’ startup ecosystem is proving to be a healthy success, with entrepreneurs and citizens alike also beginning to reap the benefits of job creation, innovation, and economic growth. 

If you’re wanting to find out more information about studying, living and working in the dynamic and enthusiastic capital, click here.