The LATAM 2025 Impact Agrobioentrepreneurship Competition culminated in a significant awards ceremony that highlighted the most innovative bioeconomy initiatives in Latin America and the Caribbean. This competition was designed to identify, incubate, and accelerate the region's most impactful proposals.
The event, promoted by the Center for Agrobioentrepreneurship and Investments, part of the Innovation and Bioeconomy Program of the Inter-American Institute for Cooperation on Agriculture (IICA), in collaboration with FONTAGRO and strategic partners, received more than a thousand applications from 20 countries in Latin America and the Caribbean. The proposals were submitted by entrepreneurs, startups and spin-off models, private companies, and research institutions, all focused on developing products or services that sustainably utilize biodiversity through science, technology, and innovation in priority bioeconomy sectors, such as biomaterials, bioproducts, and bioenergy.
Evaluations were carried out in different phases between September and December 2025, where the proposals were reviewed based on specific criteria of innovation, socio-economic impact and alignment with the Sustainable Development Goals (SDGs).
In total, 6 outstanding agribusinesses obtained the highest scores: SOS Biotech from the Dominican Republic; BSF Logistics from Peru; Carbonlytics Agro from Colombia; 3R Biotec from Mexico; Prix Biotech from Argentina and Vita Copaiba from Colombia, which will receive monetary support.
Muhammad Ibrahim, Director General of IICA, highlighted the importance that the promotion of agricultural bio-entrepreneurs assumes for IICA::
Jorge Ganoza, President of FONTAGRO and Executive President of the National Institute of Agricultural Innovation (INIA – Peru), highlighted the extraordinary response of bioeconomy entrepreneurs in the region and affirmed that it demonstrates the great creativity and talent that exists among agricultural innovators.
Hugo Chavarría, Manager of the Innovation and Bioeconomy Program at IICA, explained that the competition served as a mechanism to identify existing agricultural bioenterprises across the continent and contribute to their growth. In that regard, he reported:
Finally, Eugenia Saini, Executive Secretary of FONTAGRO, highlighted the value of all the proposals submitted:
The LATAM Impact Agrobioentrepreneurship Competition not only celebrates innovation, but also establishes a commitment to sustainability and economic development in the region.
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Impact
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