Important Dates
APPLICATIONS DUE
March 31, 2024
PROGRAM BEGINS
May 2024
PROGRAM ENDS
October 2024
About the Program
In today’s competitive market, retailers and wholesalers face challenges in marketing, selling goods and managing complex supply chain processes locally and internationally. However, the emergence of cutting-edge technological advancements offers many new opportunities to transform the experiences for businesses and consumers.
SAP.iO Foundry Latin America & Caribbean will launch a five-month, equity-free startup program in May 2024 for enterprise cloud startups that can help SAP enterprise customers in retail, consumer products and wholesale succeed in today’s competitive environment. During the program, selected startups will build and develop long-term partnerships with SAP, including defining joint use cases, product integration, and various business development activities to explore joint opportunities with SAP customers. Select SAP customers will also be involved in the program, supporting screening, selections, and evaluating opportunities for proof of concepts.
Focus Areas
This founder friendly program will focus on supporting B2B technology startups in LAC with solutions in the following areas:
Evolution of E-Commerce
- Local and cross border tax intelligence at point of sale
- Hyper-inflation management – i.e. incorporate AI for pricing optimization and sophisticated scenario recommendation
Supply Chain
- Inventory management for goods in the back office before it comes onto the shop floor
- Supplier management for manufacturers in rural locations with less (or no) digitization
- Assortment and inventory planning
Surprise Us
- Do you have an enterprise software solution for the retail or wholesale distribution industry that would benefit from an integration to SAP? We encourage you to apply (especially if you leverage computer vision and/or AI)
What We Look For
In addition to aligning to this program’s focus areas, your startup should:
1. Have a clear product-market fit for an enterprise software solution
2. Reached Series A-C maturity
3. Have existing enterprise customers
4. Have resources in place to fully participate during the acceleration phase
5. Have sales and marketing resources to support your partnership with SAP
If you believe this program is for you, we encourage you to apply for acceleration.
