Endeavor Peru launched its own group of investors and tech entrepreneurs in Lima. Similar to other efforts around the world, the Peruvian Investor Network (PIN) seeks to develop the venture capital industry in the country.
After two years working closely with entrepreneurs from different industries, Endeavor Peru launched an initiative aimed at forming investors, entrepreneurs, and investment firms through education and investor programs.
Beth Robertson, Manager of the Investor Network Program, explains: “Endeavor has long-held the view that when markets turn down, innovation turns up. Brazil is a perfect case in point. Despite the country’s economic troubles, the entrepreneurship ecosystem is thriving and there is tremendous opportunity for investors who are willing to look past the headlines.”
Endeavor Peru is betting on the fact that the emergence of big investors will unlock large sums of capital in the region.
The initiative’s main objective is to build an interactive network between local investors, business mentors, and other major players in Peru’s business world.
“Peru has become a catalyst for economic change in Latin America” shares Ana Sofia Valdivia, Director of Endeavor Peru. “We are sure that this type of initiative will represent an important factor to continue breaking boundaries and promoting new industries in the country.
To mark PIN’s launch, Endeavor Peru held an event where three speakers from Silicon Valley participated: Alan Chiu from XSeed Capital, Bedy Yang from 500 Startups, and Allen Taylor from Endeavor Catalyst.
Endeavor has presence in 20 countries around the world. It is the leading international organization for accelerating the growth of entrepreneurial endeavors. They focus on developing companies that are capable of creating thousands of new jobs and creating a significant impact in the local economy. Follow the Peru division on Facebook.