With a presence in 10 countries, Wayra is the entrepreneurship initiative of Telefónica's Open Innovation program. Established in 2011 as a start-up accelerator, Wayra has since transformed into a Venture Capital fund with a unique venture-client strategy that helps start-ups scale globally. Wayra offers a seamless interface between start-ups, companies, governments, and other partners, driving innovation at Telefónica. Through its various programs, Wayra invests in and supports start-ups, creates innovative startups born from Telefónica's internal technology projects, and offers entrepreneurs exclusive and free access to new technologies through Telefónica's own platforms.