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Valor at the White House: The Public and Private Sector Mobilize $1 Billion for LATAM Founders

August 30, 2024

This past July, our Founding Partner, Scott Sobel, was among a select group of participants in a roundtable discussion at the White House with finance ministers from across the Western Hemisphere. Recurring meetings on this topic are being hosted by Partners for Growth and organized by IDB Lab and Uruguay Innovation Hub, marking a significant step forward in the commitment to support Latin America’s burgeoning entrepreneurial landscape.

The event underscored the critical role of innovation and entrepreneurship in driving economic growth and social development in Latin America. By bringing together key stakeholders from both the public and private sectors, the discussion aimed to bridge the gap between policy and regulation, and technology and innovation — an alignment that is at the heart of our mission at Valor Capital Group. We recognize that thriving entrepreneurial ecosystems require more than just capital—they need a strategic bridge between the regulatory frameworks of the public sector and the dynamic innovation of the private sector. Our unique position at the crossroads of the public and private sectors allows us to navigate and align these often divergent areas, fostering an environment where technology and policy can work hand-in-hand to drive meaningful progress.

The roundtable was led by U.S. National Security Advisor Jake Sullivan and served as the inaugural gathering of the Investors Network under the Americas Partnership for Economic Prosperity. This initiative, unveiled by President Joe Biden, Uruguayan President Luis Lacalle Pou, and Canadian Prime Minister Justin Trudeau, represents a bold commitment to mobilizing $1 billion in capital to support Latin American founders. The collaborative approach emphasizes the importance of strategic investments and partnerships to unlock the full potential of the region’s startup ecosystem.

As we look ahead, Valor remains committed to being a catalyst for the development of the LATAM tech and entrepreneurial ecosystem, leveraging our expertise and networks to drive impactful investments that support the economic and social transformation of Latin America. We are proud to stand alongside other forward-thinking investors in this mission, and we look forward to the continued growth and success of Latin American entrepreneurs on the global stage.

For more information on the event, please visit Forbes.