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Latin Times
Latin Times
National
Maria Villarroel

White House will invest $1 billion in Latin American and Caribbean startups under new initiative

The massive program is set to shake up the start-up scene spark innovation and drive economic growth (Credit: Unsplash)

The White House will invest $1 billion in Latin American and Caribbean startups, with the launch of the Americas Partnership Investor Network. The massive program is set to shake up the start-up scene, spark innovation and drive economic growth, according to Forbes.

The announcement comes as U.S. National Security Adviser Jake Sullivan hosted an Americas Partnership kickoff meeting in mid-July, eight months after President Biden hosted a leadership summit to help create the program.

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