Washington, D.C. (October 28, 2014) – American Angel investors met with Ambassador of Ecuador to the US Nathalie Cely to discuss the benefits and advantages of investing in Ecuador-based companies.
The group of participants includes six American investors seeking to invest in Ecuadorian business ideas, as well as business owners who seek to expand their operations to the Unites States and other international locations.
The event served as the second phase of Ecuador’s Innovation Challenge, where investors listened to business proposals prepared by the winners selected during the first phase of the competition in early July. The business ideas focus in the areas of software and technology, tourism and agribusiness, and renewable energy.
The third and final phase of the competition requires finalists to present their final business proposals to potential angel investors. In preparation to presenting to potential investors, the finalists will receive technical training, as well as business and presentation coaching.
The last phase will take place at the Ecuadorian Embassy in Washington, DC in November 2014.