<span style="font-family: Arial; font-size: 14.6667px; white-space: pre-wrap;">There is an increasing number of students who choose to become entrepreneurs at Universidad de Montevideo. To accompy this entreprenurial Spirit UM has created INITIUM. This center has created different courses and workshops stimulating students and professors to develop new skills and attitudes with an Innovation and entrepreneurship minaste. There are also other courses that stimulate innovation in their areas, such as Engineering Labs, </span><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap;">Investment Projects, </span><span style="font-family: Arial; font-size: 14.666666984558105px; white-space: pre-wrap;">Entrepreneurial Initiative or </span><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent;">Creativity and Innovation where students are working in a very interesting project for the women's Prison of Montevideo.</span>
[[File:Logo INITIUM.jpg|thumb|link=Special:FilePath/Logo_INITIUM.jpg]]
Some succesfull entrepreneurship stories that originated with the help of INITUM are the following:
[https://glamst.com GlamST] started in 2009 when Agustina Sartori and Carolina Bañales, two telematic Engineers, decided to innovase in the Beauty and Cosmetics area. They received Funds from ANII, settled their office at the university and with some student interés developed the first prototype of a virtual makeover. The product was sold to a local store and after that Start Up Chile, 500 Startups and Plug and Play supported and invested in their new app.
<span style="font-size:medium;"><span id="docs-internal-guid-91110eb2-b99f-09bc-5342-55512aba2428"><span style="font-family: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;"><span style="font-family:verdana,geneva,sans-serif;">Social entrepreneurship is also something that is being fostered at UM. Valentina Quagliotti was one of the first entrepr</span>eneurs in Uruguay to combine a business model with a social cause when she found [[Iuski]], a social video production startup. She also was the first Director of [[SocialLab]], a latin american pre incubator for social ventures.</span></span></span>
<span style="font-size:medium;"><span id="docs-internal-guid-91110eb2-b99f-09bc-5342-55512aba2428"><span style="font-family: Arial; color: rgb(102, 102, 102); vertical-align: baseline; white-space: pre-wrap;">Not everybody succeed at first attempt, that is why Ignacio Menafra started [[Wanna]] an e-commerce portal and his fourth venture.</span></span></span>
<span style="font-size:medium;"><span id="docs-internal-guid-471b904d-232b-0123-a690-7f365b691711"><span style="font-family: Arial; color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Recently, another startup created by a Jeronimo Acosta, has been growing exponentially. His business is called <u>[[ChillTravel|ChillTravel]]</u></span></span><span style="background-color: transparent; font-family: Arial; color: rgb(102, 102, 102); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="background-color: transparent; font-family: Arial; color: rgb(102, 102, 102); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">and consists of a secure luggage skin that will protect the valuables items carried in the customers bag and will tell him in real-time where his things.</span></span>
[[Filehttps:Chilltravel//www.1087.jpg|link=Special:FilePath/Chilltravelcom.jpg]uy 1087]is a company that sells Solidaridad shampoos with cero Plastic packaging. Additionally, they want to incorporate Big Data in the formula making as a way to find the best combination of products for each hair Type.
<div><span style="font-size:medium;"><span style="color:#696969;"><span style="font-family[https:verdana,geneva,sans-serif;"><span style="-webkit-font-kerning: none;">[[BJORN|BJØRN]] </span></span></span><span style="color:#696969;"><span style="font-family:verdana,geneva,sans-serif;"><span style="-webkit-font-kerning: none;">chilltravel.co ChillTravel] is the first Uruguayan watch design brand in the international market. The project suported a startup created by Initum was founded by </span><span style="font-kerning: none">Alejandro González Jeronimo Acosta and Jerónimo Acostahas been growing exponentially, former students of the Business and Economis School of solves the UM </span><span style="-webkit-font-kerning: none;">in response to the high prices of the watch industry, especially focusing on the fact that millennials do not have large revenues for this type Problem of luxury.In March 2017, BJØRN launched its first product through Kickstarter, managing to pre-sell almost US $ 20,000 in 22 different countries.</span></span></span></span><span style="font-size:medium;"><span style="color:#696969;"><span style="font-family:verdana,geneva,sans-serif;"><span style="font-kerning: none">Their products differ from their competition in large part by their price, but what stands out most is that each watch comes with 2 easily interchangeable meshes, so that its users can use the same watch several times Lost luggage and with multiple outfits, thus having several watches in one. In addition, BJØRN is the first watch brand in the local market to offer a lifetime warranty on protects all its watches and donates 10% of its revenue to local social projects.</span></span></span></span></div><div><span style="font-kerning: none">[[File:Bjorn.png|link=Special:FilePath/Bjornyour valuadle items.png]] </span></div>
==Faculty Innovation and Entrepreneurship==
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