Peru and Uruguay: Three characteristics of the entrepreneurial sector of both countries

Peru and Uruguay: Three characteristics of the entrepreneurial sector of both countries

Today, the consolidation of on has been causing a positive and outstanding impact on the creation of in the continuity of labor transit, in taking opportunities and in the increase in profitability of the socioeconomic sector.

Although the process of entrepreneurship in the region may not be aligned with the structures of the globe and be exposed to greater gaps, the entrepreneurship sector stands out for its optimal development, with ways to continue strengthening itself, and the spirit of strength, innovation and strength of thousands of Latinos.

One of the most outstanding cases due to its figures and successful results is that of Peru and Uruguay. Both countries are forging a benchmark entrepreneurial path, with technological tools, a culture of human closeness and resilience.

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“Despite the fact that the result of yesterday’s game was not what we expected, Peru and Uruguay do tie in the entrepreneurial sector and in the fluidity of their businesses. In this way, they show that the generation of jobs, the expansion of innovative ideas and the satisfaction of the needs and demands of citizens are strengthened and invigorated by the success of their entrepreneurial sectors”, comments Renzo León-Velarde, general manager ofCCL web electronic invoicing company for SMEs, who highlights 3 characteristics of enterprises that both countries share, considering a post-pandemic cycle.

GROWTH DURING THE PANDEMIC

In Peru, according to figures for the first quarter of 2021 from the Ministry of Production, there are more than 2,838,000 companies in the country, a figure 2.6% higher than in the same quarter of 2020. While for the Agency Ministry of Development (ANDE), paradoxically, the pandemic significantly favored the Uruguayan entrepreneurship sector. The demands for entrepreneurial proposals increased and during 2020, a contribution of $31,775,000 to 41 enterprises was made available by the Semilla project.

ENTREPRENEURS WITH LEADERSHIP

According to The Global Startup Index Report 2021, Uruguay climbed 15 positions to rank 51st in the international ranking of startup ecosystems. Similarly, the Global Entrepreneurship Monitor Peru indicates that the country is the fourth with the highest intention to undertake in Latin America and the eighth in the world.

BUSINESS DIGITALIZATION

According to the Latin American and Caribbean Economic System (SELA), Uruguay has a technological platform and a quality digital infrastructure for MSMEs, which positions it in the first places in the world and, in addition, integrates it into Digital 9 (D9).

For its part, the national survey carried out by Peru Factura, a digital transformation company, identifies that about 75% of Peruvian entrepreneurs surveyed at the national level apply technological tools in their entrepreneurship.

Which translates into greater opportunities for growth and productivity and also strengthens an increasingly hopeful path for the country. In addition to having a promotion for those entrepreneurs who want to digitize their sales processes with free web electronic invoicing product for 3 months.

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