Neiva Fest Reto Innova to Award Up to $5 Million to AI Solutions

The competition, Neiva Fest Reto Innova, aims to identify AI-based solutions to address the municipality’s needs. It will award up to $5 million in prizes to selected proposals. The initiative is directed at individuals with innovative ideas that can generate contributions in areas such as economic, social, or environmental development of the capital city.

The idea for the initiative emerged after identifying the interest of local entrepreneurs in technology and AI during Neiva Fest 2026. The purpose is to promote entrepreneurship and innovation, while also putting them at the service of the city’s needs.

Interested parties can register until October 15 at 5:00 p.m. The initiative is developed in collaboration with the private sector and aims to link local talent with proposals that contribute to solving Neiva’s challenges.