Candidate companies will receive both cash infusion and technology resources. Companies selected for the program must be focused in Big Data or Artificial Intelligence technology. Investments will range between $50,000 and $200,000.
Oiga Technologies is a software services firm with an international group of veteran software developers and data scientists. Oiga�s team, while based in Colombia, is comprised of just under 100 software developers from 12 different countries including the United States, Canada, France, China, Argentina among others.
�This accelerator fulfills my dream of both bootstrapping young pre-revenue companies with early stage investment while getting our hands dirty and leveraging our deep understanding of cutting edge technologies,� said Michael Puscar, founder of both GITP Ventures and Oiga Technologies. �AI technology is not just making an enormous impact on our world, it very well could be the technology that defines our future.�
Puscar said that he has already funded three startups through the accelerator program and hopes to add a fourth before the end of the first quarter. In total, GITP and Oiga hope to invest in more than a dozen startups.
Accelerator investments include both a cash infusion and technology resources. The average investment size is expected to be about $150,000. IPSUM Clinical, another GITP Ventures company based in Medellin, will enter the accelerator program as well.
