White House launches $1B fund for Latin American entrepreneurs with Endeavor Miami
To turbo-charge economic growth in the Western Hemisphere, the White House has put together $1 billion to invest in Latin American and Caribbean startups, with contributions from private sponsors in 11 friendly foreign nations.
It’s called the Americas Partnership Angel Investor Network, and Endeavor Miami will serve as the link between investors and burgeoning businesses.
The goal: to make the region the most economically competitive in the world.
In mid-July, U.S. National Security Adviser Jake Sullivan hosted an Americas Partnership kickoff meeting at President Joe Biden’s Washington, D.C., residence. The event came eight months after Biden hosted a leadership summit to help create the pr...