NOVA’s partnership with Sprintx
The idea of Startup incubators as such has inspired us to search for partnerships with organizations that
help Entrepreneurs and coach Startups so we can also bring the many benefits that the Blockchain and
Smart Contracts technology allow for business ideas to them. A place where the virtual world of crypto can meet the real world of business and join efforts in creating
products and services that benefit people and businesses alike. Our team has loyally carried this vision to find such place and this is how a partnership with Fundación
NOVA was born as a key pillar for our project.
We understand that partnering with an organization that aims to support innovation and ideas and help
Startups grow is the best strategy to achieve profitability and commercial success for the company and all
of its future ICOs to be launched via the SprintX platform. Fundación NOVA is a pioneer in the LATAM region looking to expand the reach of technology and its
benefits to people. Families that benefit from economic growth made possible by innovation and talent
is the main target for NOVA and we share their same values and ideals.They have identified the tremendous potential for entrepreneurial-driven development of the region
focusing on countries such as El Salvador, Peru and Mexico while possessing the necessary infrastructure
to provide a much-needed helping hand to an oftentimes overlooked market.
About Fundación NOVA.
Helping Startups succeed in developing countries and regions where economic growth and technological
lifestyle improvements have not reached their full potential yet, is the main purpose of Fundación NOVA. Each Startup incubated with the Fundación NOVA process has allowed to develop their product or service
with two principal objectives:
-Benefit people and families alike
-Maintain a profitable and innovative business model for the continuation of their company.
They have infrastructure in place for a highly effective process starting from the selection of the Startups to the assistance with the testing and deployment of their product or service inside an actual Smart City that will work as a Sandbox.
NOVA Academy
Nova Academy will be an educational program oriented to technology and innovation in the categories of
FinTech, Internet of Things (IoT), Apps, 3D Printing, Robotics and Ed tech. Its purpose will be to educate all
the people of the community regarding the use of technology and its applications. Because El Salvador is a developing country, many people have not yet adopted the technological resources
available worldwide nor their uses and applications. Nova Academy will cultivate a great desire in people
to learn more about technology (especially blockchain technology) and that each person can obtain a
world-class education regarding the advances that are being developed. Through the academy, people
will be inspired to be responsible for solving social problems.
Break The Seven
As described by their creators: BT7 (Break The Seven) is a Digital Festival that intends to ¨break¨ seven
elements:
-Process.
-Content.
-Metrics.
-Code.
-Algorithm.
-System, and the Web.
This is a unique tool with which NOVA begins the Startup Selection process from the teams that participate
in the Start It Up challenge and is selected by a panel of expert entrepreneurial minds that seek for projects
with the potential to become solutions for multiple aspects of people’s lives via the use of technology.
NOVA Incubator
Through Nova Incubator, projects that are in early stages will be searched. They will have a period of 16
weeks to move to a new stage of development in their product. They are given the financing and through
phases their performance is measured. At the end of the 16 weeks, they have to have a marketing plan
and future customers who can invest in their product. Nova Incubator is responsible for bringing together
investors who hear the idea of the startup and thus obtain funds to cover operating expenses in the
coming months in which their product can be sold to the public.
NOVA Campus
The future plans of SprintX to become a platform to launch ICOs to open the cryptocurrency market to
new ideas and Entrepreneurs integrate very well with the purpose of NOVA to expand their support for
Startups and enable positive Entrepreneurial-driven change that benefits communities and families in
places where economic growth is needed. For this reason, our combined efforts will lay the foundation for building the First Ever Smart City in the
LATAM region, specifically in Central America, El Salvador. In the heart of a small town called Ahuachapán.
This location has access to low cost electricity generated from geothermal power. The community grows
and consumes its own organic fruits and vegetables. It is a place filled with commerce and economic
growth but that still holds its original arts and culture and has tremendous potential to be tapped. Our Smart City will bring select Startup initiatives and their teams to one place. Where they can create
products and services while testing them out and measure their success at all times.
People that will have access to technology like never before. Startups launched through our platform
SprintX will have the chance to test and deploy their ideas there with the help of Fundación NOVA. Our
Smart City will be managed by its own decision board to constantly look for new ideas that inspire and
elevate the community for Startups. We introduce a new stage of support for Startups. We invite Entrepreneurs and Investors to join our vision
and become key players in shaping the future for business and Startups.
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