IBOV 176,317 ▲ 2.07% IPSA 11,025 ▲ 0.72% IPC MEX 66,392 ▲ 0.43% MERVAL 3,217,040 ▼ 0.22% COLCAP 2,289.96 ▼ 0.12% BVL PERÚ 56,194.27 ▲ 0.42% USD/BRL5.11▼ 0.10% USD/MXN17.51▼ 0.21% USD/CLP924.68▼ 0.32% USD/COP3,244▼ 2.95% USD/PEN3.39▼ 0.23% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.84▼ 0.94% BRENT 76.06 ▼ 0.31% WTI 71.66 ▼ 0.58% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.99% GOLD 4,107 ▼ 0.57% SILVER 60.07 ▼ 0.51% SOY 1,181 ▲ 0.13% CORN 452.75 ▲ 5.84% WHEAT 641.00 ▲ 4.87% COFFEE 322.20 ▼ 9.74% SUGAR 14.79 ▼ 2.18% ORANGE JUICE 145.60 ▼ 2.87% COTTON 80.08 ▲ 5.15% COCOA 5,917 ▼ 6.21% BEEF 231.70 ▼ 1.51% CATTLE 358.15 ▲ 0.56% LITHIUM 72.33 ▼ 0.67% PETR4 39.55 ▲ 0.87% VALE3 74.08 ▲ 1.27% ITUB4 43.58 ▲ 2.32% BBDC4 18.48 ▲ 2.67% ABEV3 15.76 ▲ 0.25% BBAS3 20.39 ▲ 1.95% B3SA3 15.31 ▲ 3.52% WEGE3 46.37 ▲ 1.38% PRIO3 55.63 ▲ 0.04% SUZB3 41.63 ▲ 1.46% RENT3 40.86 ▲ 3.71% AZZA3 18.99 ▲ 2.87% CSAN3 3.94 ▲ 2.07% RAIZ4 0.36 ▼ 2.70% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.29 ▲ 1.76% CVCB3 1.27 ▲ 1.60% POSI3 3.92 ▲ 1.82% SLCE3 13.89 ▲ 0.73% NATU3 8.48 ▲ 0.24% BRKM5 6.48 ▲ 1.89% RANI3 7.97 ▲ 1.40% CSNA3 4.98 ▲ 3.75% CMIN3 5.03 ▲ 4.14% USIM5 8.32 ▼ 0.36% GGBR4 22.90 ▲ 1.87% ENEV3 26.90 ▲ 2.67% CPFE3 47.16 ▲ 1.88% CMIG4 11.30 ▲ 1.99% EQTL3 40.63 ▲ 2.83% LREN3 14.65 ▲ 3.53% VIVT3 35.27 ▲ 2.23% RAIL3 14.01 ▲ 1.89% KLABIN 17.59 ▲ 1.09% RAIA DROGASIL 18.48 ▲ 1.93% RDOR3 35.99 ▲ 2.39% HAPV3 10.44 ▲ 3.67% FLRY3 16.11 ▲ 2.29% SMTO3 16.06 ▲ 0.06% UGPA3 30.83 ▲ 2.43% VBBR3 32.73 ▲ 1.96% BBSE3 39.82 ▲ 1.37% BPAC11 57.48 ▲ 3.23% CURY3 33.92 ▲ 3.73% AERI3 2.09 ▲ 1.46% VIVARA 23.09 ▲ 2.26% COMPASS 24.95 ▲ 1.09% VAMOS 3.05 ▲ 3.04% SANB11 26.96 ▲ 2.70% ASAI3 8.87 ▲ 4.85% SBSP3 30.88 ▲ 2.93% WALMEX 49.28 ▲ 0.53% GMEXICO 195.91 ▲ 0.29% FEMSA 223.77 ▲ 0.63% CEMEX 21.94 ▲ 1.06% GFNORTE 187.62 ▲ 1.22% BIMBO 56.27 ▲ 0.61% TELEVISA 9.55 ▲ 0.63% AMX 22.84 ▲ 0.88% GAP 406.40 ▼ 1.77% ASUR 282.10 ▼ 0.53% OMA 235.53 ▼ 1.04% KOF 181.11 ▲ 0.12% GRUMA 284.19 ▲ 0.67% KIMBER 38.33 ▼ 0.29% SQM-B 69,045 ▼ 0.08% COPEC 6,020 — 0.00% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,812 ▼ 0.67% ENELAM 84.16 — 0.00% CENCOSUD 2,074 ▲ 0.85% CMPC 1,095 ▲ 1.47% BANCO CHILE 188.00 ▲ 0.53% LATAM AIR 26.40 — 0.00% YPF 74,550 ▼ 1.62% GGAL 8,000 ▲ 1.52% PAMPA 5,200 ▼ 0.10% TXAR 661.50 ▼ 0.45% ALUAR 972.50 ▲ 0.41% TGS 9,375 ▲ 0.70% CEPU 2,295 ▼ 0.86% MIRGOR 17,425 ▲ 1.31% COME 45.93 ▲ 1.12% LOMA NEGRA 3,495 ▼ 0.07% BYMA 312.00 ▲ 0.73% TELECOM ARG 4,175 ▲ 1.34% ECOPETROL 15.34 ▼ 0.32% BANCOLOMBIA 82.34 ▲ 1.74% GRUPO AVAL 5.09 ▲ 1.39% CREDICORP 398.96 ▲ 1.80% SOUTHERN COPPER 175.77 ▲ 0.77% BUENAVENTURA 29.68 ▲ 0.44% MERCADOLIBRE 1,833 ▲ 1.36% NUBANK 13.94 ▲ 1.94% XP 17.08 ▲ 4.05% PAGSEGURO 9.33 ▲ 3.61% STONE 11.29 ▲ 3.01% GLOBANT 31.50 ▲ 0.67% TECNOGLASS 43.65 ▲ 1.18% GAP AIRPORT 231.91 ▼ 1.09% ASUR 282.10 ▼ 0.53% OMA AIRPORT 108.00 ▼ 0.30% AMX ADR 25.99 ▲ 0.58% FEMSA ADR 127.83 ▲ 0.65% CEMEX ADR 12.58 ▲ 1.70% PETROBRAS ADR 17.16 ▲ 0.73% VALE ADR 14.45 ▲ 1.58% ITAU ADR 8.52 ▲ 2.90% SANTANDER BR 5.34 ▲ 3.79% AMBEV ADR 3.06 ▲ 0.73% CSN 0.99 ▲ 3.65% GERDAU 4.50 ▲ 1.93% LATAM ADR 56.69 ▼ 0.61% BTC 64,233 ▲ 1.65% ETH 1,796 ▲ 2.96% SOL 78.38 ▲ 0.43% XRP 1.11 ▲ 1.15% BNB 574.29 ▲ 1.02% ADA 0.17 ▲ 0.77% DOGE 0.07 ▲ 1.70% AVAX 6.73 ▲ 0.70% LINK 7.95 ▲ 2.85% DOT 0.88 ▲ 7.26% LTC 44.47 ▲ 1.61% BCH 251.52 ▲ 5.78% TRX 0.33 ▼ 0.41% XLM 0.19 ▲ 1.93% HBAR 0.07 ▲ 1.07% NEAR 1.91 ▼ 0.39% ATOM 1.58 ▲ 1.95% AAVE 95.06 ▲ 4.17% SELIC 14.25% EMBRAER 84.76 ▲ 1.07% EMBRAER ADR 66.40 ▲ 1.31% JBS 11.88 ▲ 1.28% JBS BDR 60.61 ▲ 0.93% MBRF3 15.68 ▲ 1.75% MBRFY 3.00 — 0.00% INTER 5.89 ▲ 3.15% EGX 52,312 ▲ 0.54% USD/ZAR16.30▼ 0.16% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.79▼ 0.37% USD/CNY6.77▼ 0.39% DAX 25,104 ▼ 0.06% CAC 8,326 ▼ 0.01% FTSE 10,500 ▲ 0.26% MIB 52,733 ▲ 0.67% IBEX 19,433 ▲ 0.57% STOXX 641.93 ▲ 0.17% EUR/USD1.14▼ 0.06% GBP/USD1.34▲ 0.07% SPX 7,558 ▲ 0.19% DJI 52,542 ▲ 0.10% NDX 29,727 — 0.00% RUT 2,980 ▼ 0.43% TSX 35,274 ▲ 0.21% VIX 15.65 ▼ 1.20% USD/CAD1.42▼ 0.01% US10Y 4.5450 ▲ 0.13% IBOV 176,317 ▲ 2.07% IPSA 11,025 ▲ 0.72% IPC MEX 66,392 ▲ 0.43% MERVAL 3,217,040 ▼ 0.22% COLCAP 2,289.96 ▼ 0.12% BVL PERÚ 56,194.27 ▲ 0.42% USD/BRL 5.11 ▼ 0.10% USD/MXN 17.51 ▼ 0.21% USD/CLP 924.68 ▼ 0.32% USD/COP 3,244 ▼ 2.95% USD/PEN 3.39 ▼ 0.23% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.07 ▲ 0.80% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.04% BRENT 76.06 ▼ 0.31% WTI 71.66 ▼ 0.58% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.99% GOLD 4,107 ▼ 0.57% SILVER 60.07 ▼ 0.51% SOY 1,181 ▲ 0.13% CORN 452.75 ▲ 5.84% WHEAT 641.00 ▲ 4.87% COFFEE 322.20 ▼ 9.74% SUGAR 14.79 ▼ 2.18% ORANGE JUICE 145.60 ▼ 2.87% COTTON 80.08 ▲ 5.15% COCOA 5,917 ▼ 6.21% BEEF 231.70 ▼ 1.51% CATTLE 358.15 ▲ 0.56% LITHIUM 72.33 ▼ 0.67% PETR4 39.55 ▲ 0.87% VALE3 74.08 ▲ 1.27% ITUB4 43.58 ▲ 2.32% BBDC4 18.48 ▲ 2.67% ABEV3 15.76 ▲ 0.25% BBAS3 20.39 ▲ 1.95% B3SA3 15.31 ▲ 3.52% WEGE3 46.37 ▲ 1.38% PRIO3 55.63 ▲ 0.04% SUZB3 41.63 ▲ 1.46% RENT3 40.86 ▲ 3.71% AZZA3 18.99 ▲ 2.87% CSAN3 3.94 ▲ 2.07% RAIZ4 0.36 ▼ 2.70% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.29 ▲ 1.76% CVCB3 1.27 ▲ 1.60% POSI3 3.92 ▲ 1.82% SLCE3 13.89 ▲ 0.73% NATU3 8.48 ▲ 0.24% BRKM5 6.48 ▲ 1.89% RANI3 7.97 ▲ 1.40% CSNA3 4.98 ▲ 3.75% CMIN3 5.03 ▲ 4.14% USIM5 8.32 ▼ 0.36% GGBR4 22.90 ▲ 1.87% ENEV3 26.90 ▲ 2.67% CPFE3 47.16 ▲ 1.88% CMIG4 11.30 ▲ 1.99% EQTL3 40.63 ▲ 2.83% LREN3 14.65 ▲ 3.53% VIVT3 35.27 ▲ 2.23% RAIL3 14.01 ▲ 1.89% KLABIN 17.59 ▲ 1.09% RAIA DROGASIL 18.48 ▲ 1.93% RDOR3 35.99 ▲ 2.39% HAPV3 10.44 ▲ 3.67% FLRY3 16.11 ▲ 2.29% SMTO3 16.06 ▲ 0.06% UGPA3 30.83 ▲ 2.43% VBBR3 32.73 ▲ 1.96% BBSE3 39.82 ▲ 1.37% BPAC11 57.48 ▲ 3.23% CURY3 33.92 ▲ 3.73% AERI3 2.09 ▲ 1.46% VIVARA 23.09 ▲ 2.26% COMPASS 24.95 ▲ 1.09% VAMOS 3.05 ▲ 3.04% SANB11 26.96 ▲ 2.70% ASAI3 8.87 ▲ 4.85% SBSP3 30.88 ▲ 2.93% WALMEX 49.28 ▲ 0.53% GMEXICO 195.91 ▲ 0.29% FEMSA 223.77 ▲ 0.63% CEMEX 21.94 ▲ 1.06% GFNORTE 187.62 ▲ 1.22% BIMBO 56.27 ▲ 0.61% TELEVISA 9.55 ▲ 0.63% AMX 22.84 ▲ 0.88% GAP 406.40 ▼ 1.77% ASUR 282.10 ▼ 0.53% OMA 235.53 ▼ 1.04% KOF 181.11 ▲ 0.12% GRUMA 284.19 ▲ 0.67% KIMBER 38.33 ▼ 0.29% SQM-B 69,045 ▼ 0.08% COPEC 6,020 — 0.00% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,812 ▼ 0.67% ENELAM 84.16 — 0.00% CENCOSUD 2,074 ▲ 0.85% CMPC 1,095 ▲ 1.47% BANCO CHILE 188.00 ▲ 0.53% LATAM AIR 26.40 — 0.00% YPF 74,550 ▼ 1.62% GGAL 8,000 ▲ 1.52% PAMPA 5,200 ▼ 0.10% TXAR 661.50 ▼ 0.45% ALUAR 972.50 ▲ 0.41% TGS 9,375 ▲ 0.70% CEPU 2,295 ▼ 0.86% MIRGOR 17,425 ▲ 1.31% COME 45.93 ▲ 1.12% LOMA NEGRA 3,495 ▼ 0.07% BYMA 312.00 ▲ 0.73% TELECOM ARG 4,175 ▲ 1.34% ECOPETROL 15.34 ▼ 0.32% BANCOLOMBIA 82.34 ▲ 1.74% GRUPO AVAL 5.09 ▲ 1.39% CREDICORP 398.96 ▲ 1.80% SOUTHERN COPPER 175.77 ▲ 0.77% BUENAVENTURA 29.68 ▲ 0.44% MERCADOLIBRE 1,833 ▲ 1.36% NUBANK 13.94 ▲ 1.94% XP 17.08 ▲ 4.05% PAGSEGURO 9.33 ▲ 3.61% STONE 11.29 ▲ 3.01% GLOBANT 31.50 ▲ 0.67% TECNOGLASS 43.65 ▲ 1.18% GAP AIRPORT 231.91 ▼ 1.09% ASUR 282.10 ▼ 0.53% OMA AIRPORT 108.00 ▼ 0.30% AMX ADR 25.99 ▲ 0.58% FEMSA ADR 127.83 ▲ 0.65% CEMEX ADR 12.58 ▲ 1.70% PETROBRAS ADR 17.16 ▲ 0.73% VALE ADR 14.45 ▲ 1.58% ITAU ADR 8.52 ▲ 2.90% SANTANDER BR 5.34 ▲ 3.79% AMBEV ADR 3.06 ▲ 0.73% CSN 0.99 ▲ 3.65% GERDAU 4.50 ▲ 1.93% LATAM ADR 56.69 ▼ 0.61% BTC 64,233 ▲ 1.65% ETH 1,796 ▲ 2.96% SOL 78.38 ▲ 0.43% XRP 1.11 ▲ 1.15% BNB 574.29 ▲ 1.02% ADA 0.17 ▲ 0.77% DOGE 0.07 ▲ 1.70% AVAX 6.73 ▲ 0.70% LINK 7.95 ▲ 2.85% DOT 0.88 ▲ 7.26% LTC 44.47 ▲ 1.61% BCH 251.52 ▲ 5.78% TRX 0.33 ▼ 0.41% XLM 0.19 ▲ 1.93% HBAR 0.07 ▲ 1.07% NEAR 1.91 ▼ 0.39% ATOM 1.58 ▲ 1.95% AAVE 95.06 ▲ 4.17% SELIC 14.25% EMBRAER 84.76 ▲ 1.07% EMBRAER ADR 66.40 ▲ 1.31% JBS 11.88 ▲ 1.28% JBS BDR 60.61 ▲ 0.93% MBRF3 15.68 ▲ 1.75% MBRFY 3.00 — 0.00% INTER 5.89 ▲ 3.15% EGX 52,312 ▲ 0.54% USD/ZAR 16.30 ▼ 0.06% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.78 ▼ 0.35% USD/CNY 6.7663 ▼ 0.37% DAX 25,104 ▼ 0.06% CAC 8,326 ▼ 0.01% FTSE 10,500 ▲ 0.26% MIB 52,733 ▲ 0.67% IBEX 19,433 ▲ 0.57% STOXX 641.93 ▲ 0.17% EUR/USD 1.1422 ▼ 0.10% GBP/USD 1.3403 ▼ 0.01% SPX 7,558 ▲ 0.19% DJI 52,542 ▲ 0.10% NDX 29,727 — 0.00% RUT 2,980 ▼ 0.43% TSX 35,274 ▲ 0.21% VIX 15.65 ▼ 1.20% USD/CAD 1.4164 ▼ 0.01% US10Y 4.5450 ▲ 0.13%
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Business - Brazil Local Business

Co-Working Space Opens in Rio’s Complexo do Alemão Favela

By · December 20, 2016 · 2 min read

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By Ciara Long, Contributing Reporter

RIO DE JANEIRO, BRAZIL – On Saturday 17th December, one of Rio’s largest favela communities, Complexo do Alemão, saw the opening of a new co-working space for entrepreneurs. The inauguration of the space, named Casas Brotas (Sprout House) began at 4PM with a debate on innovation, technology, creativity and networks from local entrepreneurs.

Complexo do Alemão, Brazil, Brazil News, Rio de Janeiro, favela, entrepreneurship
Complexo do Alemão, photo by Tomaz Silva/Agência Brasil.
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Casas Brotas was created by a group of friends in the area, including local comedian and actor Marcel Magano. It hopes to provide a place for existing communication entrepreneurs to work from, as well as to serve as an incubator for aspiring and actual entrepreneurs to meet and exchange ideas.

Magano believes that establishing a formal space will encourage more interactions between Rio’s businesses and the city’s favelas, which have always had an entrepreneurial spirit. “Here in the favela there are many innovative people,” he said. “The idea is to develop advertising works and business projects within the Complexo do Alemão and also our own work, as well as creating partnerships.”

Magano and his fellow comedian Patrick Sonato among the entrepreneurs currently using the space. It is also shared by several local entrepreneurs, including youth technology education initiative GatoMÍDIA, favela-based community news sites Boca de Favela and AmareVê, and youth reading project Favelê.

GatoMÍDIA founder, Thamyra Thâmara, sees the space’s inauguration as a chance for favela-led creativity to gain recognition by the formal city. “Many creative projects produced within favelas are not embedded and legitimized in the city’s innovation circuit, as many of these circuits do not view popular demands as legitimate sources within the creative process,” she said. “We believe that the favela can point the way to building an intelligent, sustainable and connected city.”

Statistics from the Instituto Data Favela’s (Institute for Favela Data) 2015 research found that entrepreneurial aspirations are more common within favelas: approximately 55 percent of those living in favelas intend to start their own business over the next three years, compared to 23 percent of the general population.

With two-thirds of these intending to do so within their own favela, and more than half coming from a lower socioeconomic class, initiatives such as Casas Brotas could help launch economic development and empowerment of the city’s favelas like Complexo do Alemão.

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