The expansion to the USA and Germany brings to 10 the number of countries participating in this youth entrepreneurship program, through which nearly 10,000 projects have already been completed.
The most outstanding initiatives will make their way to the next Explorer Trip in Valencia, Spain.
The call will be open until December 13 at SantanderX.
Madrid, November 2, 2022.
Banco Santander, together with the Centro Internacional Santander Emprendimiento (CISE) is launching the 16th edition of the Explorer program. This youth entrepreneurship program is available for pre-incubation projects in 10 countries, with the extension to the United States and Germany in this new edition.
Explorer, lasting 12 weeks, allows participants to connect with an international community and receive online and face-to-face training with a “learning by doing” methodology. Participants also benefit from mentorship by experts; they validate their business idea and develop the skills needed to turn their idea into a viable and sustainable solution. The deadline for registration is December 13, 2022.
Since 2009, almost 10,000 projects from Argentina, Brazil, Chile, Mexico, Spain, Portugal, United Kingdom and Uruguay have taken part. Projects like Ubra (Universitat Pompeu Fabra), a smart bra connected to an app that uses sensors to detect morphological and physiological changes, as well as pre-malignant lesions (cancer) of the breast — or Borboleta (Instituto Tecnológico y de Estudios Superiores de Monterrey), the first space for young entrepreneurs based on emotional health, participated in the last edition.
Explorer is also an international networking community based on Q&A sessions with experts, Explorer alumni and interactions on social platforms. Explorer further examines concepts such as business model validation, financial projections, landing page creation, and business pitch. Additionally, attendees talk about entrepreneurship and present their ideas to startup founders and internationally renowned experts. The highlight is the Explorer Trip, which will take place in Valencia, Spain. Participants will spend a week exchanging experiences in a renowned European innovation hub and interacting with each other “in situ”.
“The ideal path for an entrepreneur within the universities of Santander and Santander X in particular, begins with Santander Explorer, which not only provides them with the tools and networking necessary to build a solid project, but also the certainty that entrepreneurship is not only possible but also more viable than they think”, said Diego Calascibetta, Global Head of Entrepreneurship at Santander Universities.
Since the launch of this initiative in 2009, Banco Santander has supported nearly 10,000 entrepreneurial projects. In the last edition, a total of 1,045 entrepreneurial ideas from 75 universities benefited from the resources, networking opportunities and the chance to experience entrepreneurship. In addition, female participation peaked at 42.6%, exceeding the average of previous editions, around 30%.
Grecia Perez, who took part in Explorer last year with the Ellas Artes project — focused on creating a network of support and consultation for women artists — agrees: “People are very generous when it comes to giving feedback: we always receive new ideas, new information which helps the project a lot. People who want to change the world create a community”she explains.
Patricia Araque, executive director of Explorer, said the program “is not only an itinerary designed to learn how to navigate the first stages of entrepreneurship, it is also a unique opportunity to be part of a global community full of initiatives and concerns. That is why we let’s say you don’t participate in Explorer: you become an Explorer. Whatever the journey of a project, Explorers leave with a set of skills and networks that are extremely useful for their future, whether they are entrepreneurs or not,” She adds.
Explorer is part of Santander X, Banco Santander’s global entrepreneurship initiative. Santander X helps startups, micro-entrepreneurs and SMEs to train and connects them with resources to grow. Innovation is key to finding solutions to currently unanswered problems and improving productivity, employment and economic growth.
The bank supports entrepreneurship in all its phases: starting with programs that validate ideas in the pre-incubation phase — to providing visibility, connection and resources to startups and scale-ups that have already started their international expansion.