Technology Incubator Profile

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INGENIO Business Incubator

Ingenio, Incubadora de Empresas

Technology incubator. Owned by LATU (National Institute of Technology)

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Name and Mailing address
Name: INGENIO Business Incubator Web-site: INGENIO Business Incubator
Street: Av. Italia 6201 Send mail:
City: 11500, Montevideo Phone/Fax: +598(2)6013724 / +598(2)6013724
Country: Uruguay Networks:   
Communication & Contact
  Rafael Garcia
Managing Director

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+598(2)26013724 (ext.:125)
  Rodolfo Silveira

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+598(2)6013724 (ext.:125)
  Manuel Bello

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Technology Incubator Services

Office rooms for rent
Internet Access (high speed) / ICT services
Conference hall
Workshop / production space for rent

Incubation Program
Pre-incubation program
Incubation program (off site / virtual)
Incubation program (on-site)
Mentoring / coaching

Business Support
General business advisory
Business information
Referrals to Business Professionals
Help to enter international Markets
Legal advice

Training on selected business topics

Networks & Synergy
Network with other Program Clients
General networking events

Technology Transfer
Help with technology commercialization
Patent Advice
Support with Intellectual Property Rights

Seed Capital
Facilitation of contacts with long-term investing business partners
Facilitation of contacts to financiers

The goals of the Technology Incubator: Specific Target Groups:
Develop profitable companies
Create jobs
Raise awareness of entrepreneurship
Raise awareness of innovation
Create companies that generate export revenue
Type of IncubatorType of OrganizationFinancial Model
Technology Business Incubator

Mixed use / without technological focus
PPP Public-Private-Partnership
Technology Incubator Data              Year incubator opened: 2001Year (statistic): 2013
Rental SpaceClient FirmsOn-site clients that at the same time are tenants of your incubator / parkOff-site clients that use your services without being tenants of your incubator or park
total sq.m. available in incubator1,000Total number of clients servedTotal number of cleints served since beginning of incubator operation. Only clients that have been advised regarding business start-up (not, for example, counting participnats of trainings, seminars, etc).7125
sq.m used for incubator services/administration150Number of client firmsNumber of client firms at this time in on-site or off-site incubation program repsectively.164
sq.m. rented by client firms850Number of employees in client firms8016
Incubator Staff
number of staff working in management / services6
We offer virtual incubation additional to the physical incubation servicesWe are in regular contact with (most of) the graduated firms
Business areas of client companies
- Business services (accounting, bookkeeping, financial, legal, marketing, advertisement, training)
- Business Services, technical (consulting, engineering, manufacturing, testing services, training)
- Creative Technologies (art, design, music, photography, computer graphics, graphic design)
- Fashion, Textile (clothes, uniforms, shoes)
- ICT Information and Communication Technologies
- Internet related technologies (e-commerce, e-marketing, e-learning, content provision & management, publishing, website development, VOIP)
- Marine research & technology, energy offshore oil/gas technology
- Media, Multimedia (film, animation, TV, audiovisual, video)
- Microelectronic (hardware production, computer hardware, wireless technologies)
- Services (manufacturing, engineering, consulting)
- Software development (CAD/CAM , IT Business Solutions)
- Tourism
- Software development

- internet security

- digital cartography

- network consulting

- biotech, medical equipment

Last Updated
August 01, 2014