Thales Lab: Entrepreneur Meets Intrepreneur

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“The Macintosh team was what is commonly known as intrepreneurship… a group of people going, in essence back to the garage, but in a large company,” states Steve Jobs, Former CEO of Apple in a 1985 Newsweek article. An intrepreneur is an employee that innovates within the confines of a company. The term intrepreneur isn’t new, but the power intrepreneurs can have in a corporation is something few recognize.

“Our niche is the intrepreneur,” says Sylvia Chebi, Director of Thales Lab – a Montevideo based company builder that supports technical startups by entrepreneurs and intrepreneurs. “We believe that by promoting intrepreneurs and their ideas within companies, it benefits both the organization and the intrepreneur. The organization has the ability to capitalize on an amazing new piece of innovation while keeping a talented engineer, and the intrepreneur gains access to resources and finances by the organization. It’s a win-win.”

One of Thale’s amazing intrepreneurial start-ups that is gaining recognition is Futbol X – a football (that’s soccer for us Americans) app with over 750,000+ downloads. By using Futbol X, soccer fanatics can watch live games and receive real time stats and updates on their favorite teams. “It’s the official soccer association app in Uruguay and Mexico.” Explains Sylvia. “They launched in February. The app is so awesome that Apple even called and requested that one be made available for the Apple Watch.”

Thales Lab offers $10,000 USD in exchange for 10% equity from intrepreneurs and entrepreneurs that join their program. But, “Even if we didn’t provide money, I believe our start ups would join regardless. The amazing thing about being part of Thales Lab is the connections and support we offer."