Starting from March 1st, 2022, Idea Foundry is hosting a cohort of 9 Central American entrepreneurs through the La Idea Incubator Project, a collaborative program between the InBIA and the Regional Center for the Promotion of MSMEs (CENPROMYPE) and founded by the U.S. Department of State.

The U.S. Economic Development Administration, part of the Department of Commerce, has awarded Idea Foundry a $250,000, three-year grant through the Build to Scale Capital Challenge. The grant will support the creation of a southwestern Pennsylvania based angel investing initiative in cooperation with our implementing partner Babst Calland.

Over the last several months, Idea Foundry has wrapped up two virtual YLAI Fellowships, with Fellows from Ecuador & Colombia, as well as a mentorship program for entrepreneurs from Costa Rica.

Silabuz, a company born in Peru and also incorporated in Chile and the U.S., will participate in Idea Foundry's Impact Innovations Accelerator program. Silabuz's mission is to break down barriers for Spanish speaking youth in computer science education.

Through continued support from the U.S. Embassy in Santiago and our new partner ChileGlobal Ventures, Idea Foundry hosted a virtual version of our Global Innovation Bridge Program for 10 selected companies in the ChileGlobal Ventures portfolio.

With Covid-19 affecting just about all areas of life, startups are faced with changes to their market, team structure, and work environment. Despite uncertainties, a significant group of our portfolio companies have pivoted or focused their efforts on mitigating effects of Covid-19, across many sectors. Read more about their efforts here.

Our team has shared books which we would recommend for the 2020 reading list of aspiring entrepreneurs, innovators and all the other movers and shakers we know.

This report, released in conjunction with Global Entrepreneurship Week, highlights the work that Idea Foundry has begun or strengthened in 2019 to support global entrepreneurship.

The week of October 21st, Idea Foundry hosted a cohort of 10 Central American entrepreneurs through the La Idea Incubator project, a collaborative program between the InBIA and the Regional Center for the Promotion of MSMEs in Central American (CENPROMYPE) and funded by the U.S. Department of State.

We are bringing back the team spotlight with Jay Murray, Entrepreneurial Program Manager at Idea Foundry as well as CEO of Solinius, a public benefit corporation developing and distributing energy management and solar technologies in sub-Saharan Africa.