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Manawara closes 2023 with 10 franchised units

Photo: Manawara Disclosure

After opening a point of sale in São Paulo, Manawara closed the sale of seven franchises: three units in the city of São Paulo, two in Rio de Janeiro, one in Belo Horizonte and another in Manaus, at Shopping Manauara.

Furthermore, the company is in the final stages of negotiating four other franchised units.

According to Mercio Sena, CEO of the company, since it was opened in São Paulo, in May this year, its own point of sale, which also works as a show room, increased its sales by 10%.

Today, 22 product options are offered, including fruit candies of different flavors, nuts and cookies. Foods such as açaí, guaraná, taperebá and cupuaçu are present in jujubes and other vegan products, free of gluten and lactose. A new flavor is under development and will soon be offered to customers: a candy made from a blend of bananas 

In its production chain, the company seeks to value producers from the Amazon region. The guarana used comes from Maués, the nut comes from Assoab (Association of Farmers of Beruri), which operates in Resex Mamirauá. The flour in the cookies comes from Iranduba, the honey from Boa Vista do Ramos, the coconut flour from producers in Acre.

Manawara ends 2023 with at least 10 franchises sold, and plans to reach 15 in 2024.

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Finalist businesses in the AMAZ 2023 Call participate in pre-acceleration

Photo: Rodrigo Duarte/AMAZ

In October, representatives of the nine finalist businesses in the AMAZ 2023 Call met in Manaus to begin the pre-acceleration process, the final stage of the selection process that will define which businesses will be accelerated, receive investment and become part of the AMAZ portfolio. accelerator in 2024.

Entrepreneurs were immersed for three days of intense work, in a face-to-face meeting held in Manaus, in which the group worked, individually and collectively, on Model C, including Theory of Change, impact matrix and business model.

These were days in which the trust established among the group allowed everyone to advance in the individual design of their businesses, but also contributed to the advancement of others. The exchange and connections established revolve around shared learning and challenges about entrepreneurship in the Amazon.

“The pre-acceleration workshop aims to be the first face-to-face meeting with the finalist businesses and those potentially selected for investment and acceleration in the next journey. It is a time when we are able to connect the diagnosis of gaps and support demands with the acceleration plan, together with the investment that will be made by AMAZ”, defines Gabriela Sousa, responsible for business acceleration and institutional management at AMAZ/Idesam .

The meeting participants praised the work methodology proposed over the three days, as well as the exchanges and connections, feeling part of a network that shares similar challenges.

“The pre-acceleration workshop helps us deepen the understanding and analysis that we have carried out since the Call, on each of the finalists, and support them with any demands they have, mainly related to impact modeling and design. The result was the creation of Model C for businesses that did not yet know the tool, and improvement for those that had already used it. Furthermore, there was an important exchange of knowledge and the creation of a relationship network between the workshop participants, and some operational partnership projects could emerge from this meeting”, analyzes Rafael Moreira Ribeiro, responsible for business selection at AMAZ/ Idesam. 

The businesses participating in the pre-acceleration process are: Amaz Amazon Super Plants, Apoena, ATLAS Florestal, BioAmazon, Coordenada Rural, FarFarm, Flor da Samaúma, MOMA and Zeno Nativo. They were selected from among 112 registrants in the AMAZ 2023 Call. 

The nine finalist businesses work with innovative solutions for the development of products and services in strategic value chains for the conservation of the Amazon, such as reforestation and agroforestry production, agriculture, livestock and sustainable rural production, socio-biodiversity products and cosmetics. 

They are located in the states of Pará, Amazonas, Amapá, Maranhão, São Paulo and Santa Mônica, California (USA). Call 2023 made it possible to register businesses whose operations take place in the Legal Amazon, but which could also be based in other regions of the country. 

The pre-acceleration continues over the course of a month, virtually, with access to advice, mentoring and technical support from the AMAZ team and Idesam (Institute for Conservation and Sustainable Development of the Amazon). 

The objective is to help entrepreneurs understand and maximize their business growth capacity in financial, technical, operational terms and, especially, positive socio-environmental impact.

The last stage of the process is participation in a pitch day, which will be promoted by AMAZ at the end of November, and shortly afterwards the businesses selected for acceleration and investment in 2024 will be announced.

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Vivalá receives System B certification, closes partnership with Gol and publishes expedition calendar

Photo: Vivalá/disclosure

After a detailed audit process carried out by Sistema B, Vivalá received a final score of 97.7 points, which represents the highest score in the certification of the tourism sector in the country and the seventh highest in the world, placing the company at the forefront of tourism sustainable in Brazil.

Furthermore, the GOL group, through its operator Smiles Viagens, began distributing Vivalá expeditions on its official channels. The partnership is part of the group's ESG strategy, seeking to encourage sustainable tourism in Conservation Units and with traditional communities, generating a positive socio-environmental impact for travelers, communities and the planet. The company was also invited to participate in the launch of the airline's sustainability actions, called #MeuVooCompensa.

Calendar of expeditions to the Amazon in 2024

The calendar of expeditions promoted by Vivalá to the Amazon in 2024 is now available! Rio Negro, Rio Tapajós and Aldeia Shanenawa will be offered as destinations.

For shipment Amazon Rio Negro, Vivalá created an immersive experience on the banks of the Rio Negro, which includes getting to know the local riverside community and supporting the community.

The expedition Amazon River Tapajós It departs from Alter do Chão, in Pará, departing by boat and visiting the paradisiacal beaches, until docking in the Tapajós National Forest and discovering the Amazon forest alongside the riverside communities.

The third destination offered is in Acre, in the Shanenawa Village, departing from the capital, Rio Branco, towards an immersion in the culture of the ancestral people, with an exclusive itinerary that includes spirituality, culture and the fight for the rights of the Shanenawa.


In addition to the Amazon, Vivalá offers expeditions to several other destinations. The company has already promoted 215 expeditions with the participation of more than 3 thousand travelers from 21 countries, injecting R$ 3.5 million into local economies in 16 preserved areas of the country.

To access the expedition calendar, access the Vivalá website.

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Socio-bioeconomy businesses operating in the Amazon create association

Photo: Divulgação Assobio

At the end of August, 25 businesses operating in the Amazon met in Belém (PA) and founded Assobio (Associação de Negócios da Sociobioeconomia da Amazônia).

With the intention of acting as a network, seeking to strengthen cooperation and representation between businesses linked to socio-biodiversity in the region, the association brings together businesses from different sectors, including food, beverages, cosmetics, fashion and services that have the common purpose of promoting development sustainable development in the Amazon, encourage entrepreneurship and enhance coordination between actors.

AMAZ was present, as an observer, at the meeting that approved the statute of Assobio, which has many businesses on its staff that have gone through days promoted by the accelerator and also by the Floresta+ Aceleraçao Program, promoted by the UNDP and the MMA, whose implementing partners Idesam, AMAZ and Sense-Lab. And also businesses that are now part of the accelerator’s portfolio.

Assobio informs that it has support from the Certi Foundation, GIZ, Clua and CESUPA.

“Generating innovative and sustainable businesses in the Amazon is, in addition to an opportunity for the region, a new way for Brazil to value its riches and generate development from them, acting locally and thinking globally. We often try to copy foreign models and the businesses that associate here show innovations based on our biome and our identity, a timely and necessary path when we have the privilege and responsibility of being born with an Amazon at home”, highlights Paulo Reis , president of the association.

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Mahta develops new products and adopts packaging with the I'm Green seal

Around four months after launching an innovative product – powdered nut milk –, Mahta continues to develop products, promoting improvements in packaging and offering practicality and sustainability options.

In August, the business launched a new packaging size for its first market product, Superfoods Amazônicos em Pó, offering 840g (economy) and 360g options. Powdered chestnut milk was already available in 240g and 600h packaging.

Furthermore, Mahta changed the packaging material, which is now made from sugarcane-based bioplastic, with direct printing, carrying the I'm Green seal – which provides a lower carbon footprint and ease of recycling.

And another new addition is coming: a super coffee with Amazonian and natural ingredients – Café Apuí Agroflorestal, guaraná from Maués and Marapuama.

Chestnut milk has good public acceptance

The chestnut milk powder was launched during Naturaltech, the largest natural products fair in Latin America, in June this year, at which time Mahta also announced the arrival of a new partner: Chef Thiago Castanho from Pará.

“The acceptance of milk by the public has been very good. The product's differentiator, in addition to innovation, is that it replaces animal milk, having great appeal to vegans and, at the same time, contributing to the climate issue, both by conserving areas and by not emitting methane from the production of animal milk. In addition to being the first plant-based nut milk powder in the world, it is 100% regenerative, because the nuts come from the extraction of small producers in the Amazon”, says Max Petrucci, founding partner of Mahta.

Max highlights the reduction in carbon footprint and several other advantage points: “You carry a 240-gram package instead of 5 liters, which is the amount of nut milk that the economical package produces. In addition to the transportation issue, there are five fewer tetrapacks per package. And the possibility of preparing as much milk as the person wants, in different dilutions. The price per liter of milk in the signature economical packaging (600g) is around 30% cheaper than similar liquids purchased at the supermarket.”

Since the product was launched on the market, sales of nut milk powder have been growing by around 30% per month. And Mahta projects the company to grow by 600% between January 2023 and January 2024.

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Academia Amazônia Ensina promotes expedition with communicators from Aberje

Photo: ACAE/Disclosure

Know to communicate. This is the motto of the expedition that Academia Amazônia Ensina (ACAE) is promoting on October 1st to 6th, aimed at members of Aberje (Brazilian Business Communication Association), and which is sponsored by the German multinational Basf and Itaú Unibanco, in addition to support from Bayer and LATAM Airlines.

ACAE has prepared an exclusive itinerary for professionals who work with communication and sustainability in companies. The journey "From Traditional Knowledge to Contemporary Science: training Communicators for Sustainability” provides contact with people, spaces and dynamics that cover topics such as research and development, bioeconomy, community-based entrepreneurship and sustainable production chains, for example. Participants will also attend lectures, technical visits, take cultural tours and discover guided trails, both by land and water.

Maria Eugênia Rocha Tezza, executive director of ACAE, highlights that one of the great differences of the expeditions promoted by the Academy is that the experience is guided by people who live in the Amazon, such as community leaders, representatives of Brazilian teaching and research institutions and communicators locations.

“When we talk about the Amazon, we talk mainly about the people, the people of the forest. We have an immensity of green forest forming incalculable biodiversity, but people are the highlight of this specific journey, which focuses on the power of communication to promote sustainable practices and encourage conservation and protection of nature. Let's talk to the researcher born and raised in Manaus, with very in-depth and specific knowledge about a certain area of nature, and with the riverside, tourism and community-based entrepreneur, for example. They are rich people and stories, and breathtaking experiences”, says Maria Eugênia.

ACAE carries out five expeditions in 2023

This year, Academia Amazônia Ensina promoted two expeditions open to the public, in January and July. In the latter, it was supported by Emissora Globo in Paraná, which is preparing a special article on connections between the Amazon and the Atlantic Forest. In May, a third expedition was promoted, this time involving two theater troupes, one Brazilian and the other from Denmark.

In August, ACAE carried out the Latimpacto expedition, aimed at an international audience who were in Brazil participating in the  Impact Minds 2023 Conference: Stand Together 2023, looking at business challenges and opportunities related to the bioeconomy. And it is now heading towards the fifth expedition of the year together with Aberje, involving the areas of sustainability, business and corporate communication and corporate social management.

“We are very happy with the path ACAE has taken. We realize the importance of being in these different environments so that dialogue can happen, but also so that concrete things can happen. I feel that the Academy is playing its role, as always proposed, which is to prepare people for the economic, social and ecological challenges of the 21st century. And we are very excited about this opening, especially with the B2B and corporate public, to understand the Amazon in this contextualized way”, highlights Maria Eugênia.

And ACAE is also now open for registration for the January 2024 expedition, open to the public, having already filled 50% of the vacancies offered.

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AMAZ announces businesses selected for pre-acceleration  

Photo: Rodrigo Duarte

Group meets in October, in Manaus, to immerse activities aimed at developing a business plan and socio-environmental impact thesis 

From October 16th to 20th, entrepreneurs from 9 businesses selected by the impact accelerator AMAZ to participate in the pre-acceleration process will be together in Manaus, on an immersion journey to develop their business plans and socio-environmental impact thesis in the Amazon.  

The businesses that will participate in the pre-acceleration process are: Amaz amazon Super Plants, Apoena, ATLAS Florestal, BioAmazon, Coordenada Rural, FarFarm, Flor da Samaúma, MOMA and Zeno Nativo. They were selected from among 112 registrants in the AMAZ 2023 Call. 

The pre-acceleration begins with the in-person meeting and continues over the course of a month, virtually, with access to advice, mentoring and technical support from the AMAZ team and Idesam (Institute for Conservation and Sustainable Development of the Amazon). 

The objective is to help entrepreneurs understand and maximize their business growth capacity in financial, technical, operational terms and, especially, positive socio-environmental impact. 

The performance of the businesses during this period will define those that will be accelerated and receive investment in 2024, becoming part of the AMAZ portfolio. 

“Pre-acceleration is the final stage of the selection process, but it is also where we begin to understand business needs to chart the acceleration journey for those who are selected. All 9 who made it this far will receive our support for a month in the pre-acceleration phase, which qualifies them to seek new support or join other acceleration processes, as well as in the design of their impact theses,” defines Rafael Moreira Ribeiro, responsible for business selection at AMAZ/Idesam. 

The 9 finalist businesses work with innovative solutions for the development of products and services in strategic value chains for the conservation of the Amazon, such as reforestation and agroforestry production, agriculture, livestock and sustainable rural production, socio-biodiversity products and cosmetics. 

They are located in the states of Pará, Amazonas, Amapá, Maranhão, São Paulo and Santa Mônica, California (USA). Call 2023 made it possible to register businesses whose operations take place in the Legal Amazon, but which could also be based in other regions of the country. 

The AMAZ selection focused on early stage businesses that have already validated their product or service in the market and preferably are already earning more than R$ 500 thousand per year. Most businesses are in the traction and organization phase. Some projects in earlier stages were selected for presenting innovative solutions with the potential to gain scale post-acceleration. 

The projects selected for acceleration and investment in 2024 will be announced in December. 

Discover the businesses selected for pre-acceleration: 

AMAZ Amazon Super Plants = Works with the creation of drinks made with sustainable ingredients that contribute to the regeneration of the planet and people's well-being. The startup was built around Regenerative Agroforestry and supporting biodiversity in the Amazon Rainforest, using ingredients such as yerba mate, Suma Root, mushrooms from the Yanomami Forest and Muirapuama bark and guaraná. It is headquartered in Santa Monica, California (USA).  

Apoena = Seeks to improve the working conditions of babassu breakers, increase the economic and marketing potential of Coco Babaçu and the generation of income for the people involved. Location of activity: state of MA. 

BioAmazon = Technology-based company focused on developing new bio-inputs for agribusiness. It provides its customers with a Bioprocess as a Service (BPaaS) platform. It seeks to provide rural farmers with practicality and safety in the production of microorganisms through their own production of bio-inputs. Location of operation: state of AM. 

Samaúma Flower = It operates in bioeconomy and ecotourism and seeks to expand the production capacity of açaí, cupuaçu and taperebá wines on the farm where a winery for these products is located. Location of activity: state of AP. 

Native Zeno= Production of fine native cocoa beans and high quality Brazil nuts. The project seeks to expand the production and sale of cocoa beans and nuts. Location of activity: state of PA. 

ATLAS Forestry = Productive forest restoration company. Plans, models, implements and monitors productive forests, with a multidisciplinary technical council capable of developing regenerative and personalized actions. It operates across the entire forest restoration and agroforestry chain. It is headquartered in the state of SP. 

Rural Coordinate = It consists of the proposal of socio-productive assistance to family farmers who have cocoa cultivation in an Agroforestry System and dual-purpose cattle farming as their main sources of income, in order to enable the execution of actions aimed at improving the quality of life with an increase in productivity and income generation for rural producers. Location of activity: state of PA. 

FarFarm = Consultancy that helps companies enhance their production chains as protagonists of brands, through relationships with communities in the Amazon. Location of operation: states of PA and MT. 

MOMA = Natural cosmetics made with Amazonian oil inputs and 100% compostable packaging, which seek to strengthen their value chains through fair trade and supplier training. It is headquartered in SP. Locations of operation: states of PA, AM, AC and AP. 

About AMAZ  

THE AMAZ impact accelerator is coordinated by Idesam (Institute for Conservation and Sustainable Development of the Amazon), and has a hybrid financing fund (blended finance) of R$ 25 million for investment in impact businesses over the next five years, the first aimed exclusively at the region. Its founders and strategic partners are Fundo Vale, Instituto humanize, ICS (Instituto Clima e Sociedade), Good Energies Foundation, Fundo JBS pela Amazônia and PPA (Plataforma Parceiros pela Amazônia). It also has a wide network of partners such as Move.Social, Sense-Lab, ICE, Climate Ventures, SBSA Advogados, Mercado Livre, Costa Brasil and private investors.

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Navegam is recognized by the Exame Business in Expansion Ranking 2023

Photo: Disclosure Navegam

In July of this year, the navigate, an AMAZ portfolio company, was recognized as one of the expanding businesses in Brazil by the Exame Business in Expansion Ranking 2023 , an initiative by EXAME, BTG Pactual (from the same EXAME control group) and technical support from PwC Brasil. 

The survey considers the evolution of Net Operating Revenue (NOR) from one year to the next, in five categories, according to the companies' revenues. Navegam was classified in the category between R$ 2 million to R$ 5 million, among 59 companies from different regions of the country. 

The complete list brings 335 companies from 22 states, representing the five regions of the country, and is a form of recognition for businesses, as those selected have demonstrated that, with efficient management, opportunity analysis and new strategies, they managed to advance in the market. 

“We ranked 22nd out of 59 companies, growing 82%. Entering this ranking, which is already the largest entrepreneurship ranking in Brazil, is very important for Navegam, especially because we are from the Amazon. We show that here we have the structure to undertake and, above all, to grow and create jobs. Showing Brazil the notoriety and work we are doing today is very important. More and more we need to give visibility to the system of innovation and entrepreneurship that we have here in the Amazon. This recognition brought visibility and also many good contacts,” analyzes Michelle Guimarães, partner and Chief Governance Officer (CGO) at Navegam.

The growth of 82% was well planned. The company closed 2021 with revenues around R$ 1.2 million, and reached 2022 with R$ 2.2 million. The company doubled the number of customers and reach, proving the thesis that working with logistics in the Amazon is essential. 

The expectation for 2023 is to have revenues up to three times greater than in 2022, due to the entry of large customers such as TV Lar, a traditional retail company with more than 50 years in operation. Today, Navegam is responsible for all of TV Lar's logistics in the interior of the state of Amazonas.

Company started the year 2023 heated

Navegam ended 2022 with a significant investment contribution, and the first half of 2023 was marked by the start of the operation of the platform for tracking and monitoring production chains, with the carrying out of a pilot project with the Apuí Agroforestry Coffee. The platform was even awarded by HackBrazil, at the Brazilian Conference, in Harvard, ranking second among about 300 Brazilian startups. Nevegam was the first to represent Amazonas at the event.

“We are doing this pilot, finishing all the adjustments, understanding how the platform will behave, so that we can replicate it with other industries. We have data that, in the state of Amazonas alone, we have 21 types of productive chains mapped. We are talking about around 90,000 small producers in the state. Our idea is to focus more and more on this product [platform], mainly with public-private partnerships, so that we can understand how this ecosystem can improve. That's our big goal with the platform. It is yet another business front that we are opening, mainly focused on social impact and sustainable development,” says Michelle.

Navegam, which today has more than 30 employees, started working with the digitization of river crossings, offering e-commerce, but during the course of the process, in conversations with the people who offered the services of the vessels and with retail customers, soon the potential of logistics leapt to the eye. Many companies needed to improve their deliveries to the interior of the Amazon, and so Navegam expanded its operations to this front. “Today, logistics is our main business. As we don't have roads, we depend on the rivers, this front brings very good opportunities,” analyzes the company's CGO.

Today, Navegam has more than 70 vessels registered in the system, covering all destinations in Amazonas and also some destinations in Pará. Ticket e-commerce makes life easier for people, but also provides information on interurban mobility. The company is building data intelligence to understand consumer behavior, including travel frequency, most searched places, busiest cities, etc. A very rich object of study to improve fluvial mobility.

To manage all this, it adopted SAP Business One (B1), software for small and medium-sized companies that allows it to coordinate operations, consolidate data and ensure more agility, reducing costs and maintenance, standardizing processes and improving performance. It is the first company in the North region to use the tool. The implementation of the project is in charge of H&CO, a multinational group in the field of tax consultancy. 

“With the implementation of the SAP system, and because it is now the largest management system in the world, we will have more and more credibility with future investors and partners in relation to our data and management. The implementation was strategic, aiming precisely at this growth with other markets. It makes it much easier to check our numbers,” adds Michelle.

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AMAZ participates in Latimpacto and Glocal Experience

Photo: Latimpacto Disclosure

AMAZ is present at two major events held in August: the Impact Minds 2023 Conference: Stand Together 2023, from Latimpacto, an ecosystem builder that stands out for increasing the flow of human, intellectual and financial capital for impact in Latin America and the Caribbean; and the Glocal Experience Manaus 2023, which takes place in the historic center of the capital of Amazonas, with the proposal to promote dialogues, meetings and culture to think about new tomorrows from a local and global perspective.

Through Latimpacto, AMAZ is part of the Pan-Amazônia group, which seeks to promote spaces for dialogue for connection and shared learning between financial organizations operating in the region. This group promoted three online sessions on the themes 1. Conceptualizing the bioeconomy in the Amazon, 2. Advancing the bioeconomy based on doubts and certainties about investments and enterprises, and 3. What remains to be done and developed? Building the path to a positive, inclusive and sustainable bioeconomy in the Amazon.

The ultimate goal of this series of meetings is to develop the 1st paper with recommendations for governments and capital providers on the state of the bioeconomy in the region, which will be released at the Impact Minds Conference.

Gabriela Souza, responsible for accelerating business and institutional management at AMAZ/Idesam, will participate in the conference as part of the thematic panel on “The frontier of the bioeconomy and opportunities in the Pan-Amazon”, together with Aline Souza (SBSA Advogados), Márcia Soares ( Fundo Vale) and Maurício Verkooijen (NESst). The event, which takes place from the 28th to the 30th of August, is aimed exclusively at funders and impact capital mobilizers.

“Participation in this group has been very rich in strengthening AMAZ's presence in the ecosystem, enabling the connection with actors and potential national and international partners that have similar and/or complementary actions to ours and exchange of experiences and learning. The Conference will be an opportunity to bring this group closer together, mainly pan-Amazonian actors, but also to expose the work we have been doing for investors who are not yet adept at or far from the thesis – we will compose the academic agenda in a conversation with Nesst, Fundo Vale and SBSA to discuss the frontiers and opportunities of the bioeconomy in the Amazon”, analyzes Gabriela.

The Amazon Program at Casa Floresta em Pé will also be present at the Latimpacto conference with a stand to present the initiative and sell products.

Glocal Experience for the first time in Manaus

THE glocal defines itself as a platform for ideas and actions to fulfill the 2030 Agenda, based on the 17 UN Sustainable Development Goals. The first edition took place in 2022, in Rio de Janeiro, and was attended by thousands of people, offering content, workshops, workshops and cultural attractions.

In 2023, in addition to taking place once again in Rio de Janeiro, Glocal arrives in Manaus with the same format, with free access to activities and with the intention of being a catalyst for the union of different sectors, initiatives and people in the search for solutions for achieving the 2030 Agenda. The movement's premise is to think globally and act locally, encouraging various pacts for the implementation of the SDGs.  

In the capital of Amazonas, the Glocal Experience will take place from the 26th to the 28th of August, with activities at Largo São Sebastião (Show Stage and Espaço Criança), Palácio da Justiça (Impact Stage / Challenges and Solutions Stage / Hands-On Space), Hall of Hotel Juma Ópera (Glocal Stage) and at Teatro Amazonas (Shows: Encontro das Águas and Encontro dos Bois de Parintins).

Rafael Moreira, responsible for business selection at AMAZ/Idesam, participates in the event composing the panel “Business with Impact: The Challenges of Generating Profit and Positive Impact”, which will take place on 08/27, from 12:00 to 13:00, in the Salão do Hotel Juma Opera.

“The Global Experience Manaus event echoes AMAZ's own way of acting, seeking to integrate international, regional and local actors into a broad agenda with the purpose of keeping the forest standing, conserving and benefiting traditional populations and communities, integrating to actors of the most varied forms of social action. Specifically in this agenda, we will talk about the challenge of integrating impact and profit.”

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AMAZ ends 2023 acceleration journey with face-to-face meeting in Manaus

Photo: Rodrigo Duarte

Entrepreneurs from Ekilibre, Cumbaru, Manawara, Mazô Maná and Simbiotica Finance met in Manaus in early August for the last face-to-face meeting of the 2023 acceleration journey to work on two focuses: scale and growth, as well as a diagnosis of the journey to acceleration.

The programming focused on the first focus included conversations on governance and challenges in leveraging investments in businesses in the Amazon. Participants worked on planning fundraising rounds, building individual roadmaps, reviewing and refining pitches and collective exchanges. And they had the opportunity to participate in a pitch day, presenting their businesses to investors, financiers and impact ecosystem partners.

The second focus, analysis of the acceleration journey, came as a diagnosis of what was developed from the development plan outlined with the businesses at the beginning of the journey and preparation for the next phase of the relationship with the accelerator, when these businesses will be monitored by the team responsible for monitoring the implementation and monitoring of the journey of each one of them while they are part of the portfolio.

“This workshop brought a diagnosis of the acceleration journey, but also aimed at the next steps. The presence of financiers, investors and ecosystem partners created a safe environment for validating the business strategy, on what demands still exist, what support can be given and what questions need to be asked to find better answers", analyzes Gabriela Souza, coordinator of acceleration from AMAZ.

Gabriela recalls that the business journey began while still in the selection process, with due diligence and pre-acceleration, when the AMAZ team began to understand the demands, bottlenecks and points of support they needed. Based on the investment plan, the acceleration directed support on individual fronts, with strategic advice from partners and also from Idesam and AMAZ, based on experience in previous journeys.

Mariano Cenamo, CEO of AMAZ and new business director at Idesam, highlights the development of companies throughout the program's acceleration stages and next steps:

“We are in a very interesting moment, where companies are starting to make successive rounds of attracting new investors to take a new leap in growth. This workshop that we are holding now is one of those steps, where we help to structure a growth plan and AMAZ can make an additional capital contribution aimed at leveraging new direct investments. One of the great expectations is precisely this, to be a catalytic capital that can leverage more and more capital from private and philanthropic investors or even from research and development for business growth.”

Supporters, investors and financiers attended the workshop

The last meeting of the acceleration journey was attended by Sâmera Adães, from Fundo JBS pela Amazônia, Liz Lacerda and Isabela xxx, from Fundo Vale, as well as Marcelo Forma and Ilana Minev, investors in the accelerator.

The four participated in the pitch day with the businesses, listening carefully to the presentations and suggesting adjustments, highlighting strengths and opportunities.

“For us, at Fundo JBS pela Amazônia, it is a pleasure to be part of this second round of business acceleration. For me, who followed this group back there, since the selection, it is particularly rich to see the maturity they reached and the contribution that AMAZ itself brought to this with the Theory of Change and the impact approach, and to know that they are getting ready now to receive the follow on. We are open for whatever they need and we continue to follow AMAZ”, analyzes Sâmera.

Liz Lacerda and Isabella Zicarelli, from Fundo Vale, highlight the cooperation that businesses establish with each other as one of the greatest differentials in the process of accelerating AMAZ, in addition to the environment of trust created between them, with openness and transparency.

“For Fundo Vale, created to support impact initiatives, it is very interesting to see how this resource is being invested in the acceleration program. Being part of this program generates a mattress of confidence for these businesses, of stability, a structure that is not merely an institutional support. AMAZ places itself in this place of making connections and making use of its entire history, of all the team's connections, whether here in the Amazon or throughout Brazil, to support the business. The contract that the fund has with AMAZ is one of the only ones with an extended term, so it is a real bet for the fund in this acceleration program format. We have many expectations, there are many results being delivered, and we continue to co-create this program”, defines Liz.

For Isabella, “AMAZ helps Fundo Vale with one of its main challenges, which is deciding where to place patient capital, which is catalytic, in order to leverage more impact. The accelerator is one of the long-term initiatives that we support, and it will be a very successful case at the end of the cycle”.

Entrepreneurs highlight connections and a safe environment for exchanges and construction

The recognition of the importance of the connections provided by AMAZ and its network for business growth is unanimous among the entrepreneurs, who also highlight the validation with the impact ecosystem for going through the acceleration process and integrating the accelerator's portfolio, as a kind of 'seal of trust'. In addition to financial and impact modeling and communication support.

“Cumbaru arrives at the end of the acceleration much more prepared for the next steps that lie ahead. The main values that AMAZ brings to us are the connection with investors, support in the financial modeling of our business and impact modeling. We also had support with our communication, an important point in which we needed to advance”, defines Pedro Nogueira, CEO and co-founder of Cumbaru Parcerias.

Airam Correa Marçal, partner of Mazô Maná, reinforces the importance of participating in the AMAZ network to strengthen the business: “Throughout this process there was learning, our business today is undoubtedly more prepared. The contact with other entrepreneurs also strengthened us a lot. Being with an institution like AMAZ, and with this group of investors, sort of supported the story of Mazô Maná and everything we were looking for. We are going to embark on a stronger growth journey now, improve the portfolio, ensure financial resilience, while also going on an international journey.”

Marcelo Salazar, also founder of Mazô Maná, highlights the accelerator's contribution to modeling the interface between productive forest systems with communities and payment for social and environmental services and carbon: "We had several conversations, we evolved in this strategy, we managed to close the first partnerships along these lines, and I think that was the main thing we sought in this acceleration. The selection of AMAZ also encouraged other investors and partners with whom we were already talking, and it certainly also made a difference for the last investors that we brought to Mazô. We are in the final stretch of launching our first product and we are going to really put the company on the market.”

Paula Palermo, founder of Simbiotica Finance, also points out the recognition of a business with an impact given by AMAZ as fundamental to participating in the ecosystem: “For us it is very important to be involved with the projects, to have access to resources and to that seal of quality of impact that AMAZ and Idesam bring. It is a recognition for us in this territory, and what opened the most doors.”

For Kairós Canavarro, CEO of Ekilibre Amazônia, the new opportunities brought by the accelerator in the fields of investors and markets have broadened the company's horizons. “Today I believe much more in the company, I have a much better network of contacts and I can see with more reality what I want to achieve, which is to make the company generate a lot of income in the communities, to be a reference in the national and international market. The acceleration represented for me openness, network, vision of the future and choice.”

“It was great to meet people who share the same goals, and what's better, people who are extremely qualified to do what they do, and who can be trusted. As a business, we went from five products to 25. We went from a franchise project to a point of sale already operating, six franchises already signed to start operating in the coming months and four more to be signed by the end of the year. The acceleration was a mix of a lot of learning – impact, commercial value, business growth”, says Mércio Sena, CEO of Manawara.

The different business profiles, while bringing many challenges to the acceleration journey, have demands that are connected. They operate in different markets, but face the same entrepreneurship challenges in the Amazon.

“That's why this richness of the acceleration journey is a collective stage, with many exchanges, where they manage to have a safe environment to validate strategies, potential partnerships and creative business models, which can bring a better impact result. This journey does not end here. The businesses remain in our portfolio for a few years, so that we can achieve the expected impact result and also their development as major players in this ecosystem”, concludes Gabriela Souza.