Texas Border Business
TMAC at The University of Texas- Pan American will host a group of entrepreneurs from the Pacific Alliance countries of Chile, Colombia, Mexico and Peru
EDINBURG, Texas, Jan 26, 2015 – The Pacific Alliance countries of Chile, Colombia, Mexico, and Peru have selected 60 of their most dynamic entrepreneurs to participate in the Latin America IdEA Partnership (“La Idea”) Incubator Program. The selection is sponsored by the U.S. Department of State under the auspices of U.S. observership in the Pacific Alliance. The La Idea Incubator Program supports the creation of new, innovative companies with high-growth potential. The program offers entrepreneurs in the Pacific Alliance special access to the U.S. network of business incubators to facilitate mutual investment opportunities and to support the Alliance’s visionary efforts to build the next generation of innovative, globally competitive companies.
The selected entrepreneurs will travel to the United States on February 2015 to receive highly specialized training in a two-week session focused on either agribusiness, health services, or advanced manufacturing.
Participants will be able to share experiences and explore business partnerships with U.S. and Pacific Alliance counterparts. Upon returning to their country, they will be better equipped to grow their company and create jobs in their local communities as well as access international markets.
UTPA/TMAC will host a group of entrepreneurs from February 8th to the 10th and will provide advanced manufacturing training, tour of UTPA’s School of Engineering and will introduce them to local industry representatives.
The McAllen Economic Development Corporation, Edinburg Economic Development and South Texas College are partnering up with TMAC at The University of Texas-Pan American to welcome these Latin American entrepreneurs and present them the opportunities and resources available in this area for them.
The United States became an observer to the Pacific Alliance in July 2013 and has engaged with Alliance members to support practical efforts to integrate markets and pursue strong economic policies. As key bilateral partners, the United States and the Pacific Alliance members have longstanding cooperation to expand free markets, reduce inequality, open trade, and welcome foreign investment.