Registration open for Brazilian startups to participate in Conexão Cocred

Qualification

Two challenges were launched to be solved by interested startups

Manaus (AM) – Startups from all over the country can register, until November 12th, for the public call for the Conexão Cocred program – Round #2, an initiative of the credit union Sicoob Cocred in partnership with the Manaus Tech Hub (MTH), a space for innovation and entrepreneurship in the Sidia Institute of Science and Technology.

For this round, the cooperative launches two challenges to be solved by interested startups. Are they:

• Develop a solution capable of automating the initial process of a credit proposal, including capturing documents, registering the proposal with the insertion of these documents and taking the proposal to the guarantee/study phase;
• Develop a solution that is capable of carrying out automated technical analysis for the approval or rejection of operations classified as “retail”, with the specialization of internal rules, capable of maintenance by a user with specific permission, and scores, ensuring speed and security in the decision on the credit granting process for these proposals.

“The open innovation program’s mission is to find startups to develop possible solutions to Sicoob Cocred’s challenges, applying innovative ideas in one of the largest credit unions in the country”,

says Daniel Goettenauer, Innovation specialist at Manaus Tech Hub.

The Administrative Director of Sicoob Cocred, Ademir Carota, recalls that the initiative is aligned with the cooperative’s values, especially those of “Excellence and Efficiency” and “Innovation and Simplicity”. “Cocred connects to the innovation market to promote continuous improvements in its processes, products and services. The partnership with MTH brings networking and good results so that our cooperative can go even further”.

After registration closes, the classified startups will participate in the pitch with an examining board, which will follow the criteria defined in the program’s Call. Two startups will be selected, one for each challenge presented by the cooperative. They will be connected with Sicoob Cocred for the possibility of a future relationship.

Check out the full Call via the link: https://bit.ly/conexaococred2.

And click here to visit the project’s Landing Page:

About Sicoob Cocred

Considered one of the largest and most solid financial cooperatives in Brazil, Sicoob Cocred has more than 64 thousand members. Its physical service network is made up of 41 branches spread across 35 municipalities in the regions of Sertãozinho, Ribeirão Preto, Franca, Barretos, São Carlos, São José do Rio Preto, Marília, Bauru, Araçatuba, Uberlândia and Uberaba.

With assets of around R$10.7 billion, it offers the same products and services as commercial banks, such as current accounts, credit, investment, cards, pension plans, consortiums, bank collections and card machines, but with reduced rates. After all, as it is a cooperative, it does not aim for profit, but for the development of its members and the communities in which it operates.

Manaus Tech Hub

To boost technology-based companies and their business models, the Sidia Institute of Science and Technology created and maintains the Manaus Tech Hub, a space for innovation and entrepreneurship with the aim of executing programs and projects, promoting the connection of startups, companies and governments in the Western Amazon and Amapá.

With a broad business portfolio, it has a team that operates on several fronts, such as promoting technology events, mentoring, consultancy, pre-acceleration and acceleration of startups, public and private partnerships, corporate innovation programs and support for fundraising via CAPDA and CATI IT Law.

*With information from consultancy

Read more:

Most Brazilian parents are not in the habit of giving their children pocket money, research shows

Startup produces functional foods with dehydrated Amazon ingredients and focuses on consumer health

Startup from Manaus monitors English in companies to generate business opportunities