No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeCosta RicaU.S. Launches Coalition for Climate Entrepreneurship Hub in Costa Rica

U.S. Launches Coalition for Climate Entrepreneurship Hub in Costa Rica

The U.S. Embassy in Costa Rica announced the launch of the Coalition for Climate Entrepreneurship (CCE) Hub in San José, Costa Rica. Dorothy McAuliffe, the Special Representative for Global Partnerships of the U.S. Department of State, in collaboration with the PVBLIC Foundation, Cleantech HUB, and Universidad LCI VERITAS de Costa Rica, attended the event.

“The U.S. Department of State’s CCE Hub Latin America is a public-private partnership aimed at addressing the global warming crisis and contributing to economic empowerment in developing countries by nurturing climate-focused entrepreneurship through the establishment of dedicated on-campus Climate Hubs,” announced the U.S. Embassy.

According to the institution, two additional hubs were established in Guatemala and Colombia. In Bogota, a hub was set at the Universidad Externado de Colombia, and in Guatemala, at the Universidad Rafael Landívar.

The Embassy reveleaed that, in total, a $260,000, two-year grant supports the three hubs, which will provide Central and South American entrepreneurs with tools to develop environmentally friendly, sustainable business plans. U.S. representatives also revealed that the economic support for the hub in Costa Rica totals about $80,000.

“Tackling the climate crisis has always been a top priority of the Biden-Harris administration. It’s why our Office’s Coalition for Climate Entrepreneurship leverages millions of private sector funds to support sustainability-focused founders around the world,” emphasized Dorothy McAuliffe.

The program features on-campus maker spaces and an online platform that will enhance and facilitate knowledge sharing within and between CCE Hubs in the region.

“This digital infrastructure will connect entrepreneurs and partners to collaborate on business development. It will utilize digital technologies for training, data collection, mentorship sessions, and startup impact and development reporting,” mentioned the U.S. Department of State.

The three CCE Hubs in Latin America aim to engage 1,000 relevant actors, involve 450 students in presenting green ideas, train 100 startup teams, and mentor 40-60 educators. Special emphasis will be placed on increasing the representation of underserved groups, including women, African-descendant populations, and indigenous peoples, in climate entrepreneurship.

Trending Now

What does US ‘terrorist’ designation for Venezuela mean?

Washington's designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of...

Dollar Hits 17-Year Low in Costa Rica as Tourism Feels the Pinch

Costa Rica's tourism industry is under pressure yet again as the US dollar exchange rate on the Monex market dropped to ₡498 last Friday...

Costa Rica Forecasts 40,000 Starlink Subscriptions by 2030

Costa Rica's telecommunications regulator forecasts that satellite internet connections will hit 40,000 by 2030, with Starlink leading the charge. The Superintendencia de Telecomunicaciones (Sutel)...

National Espresso Day Contrasts with Costa Rica’s Chorreador Tradition

People across the world today mark National Espresso Day (yes, it has its own day), recognizing the quick, strong coffee pull that originated in...

Six Airlines Cancel Routes with Venezuela After US Warning

Six airlines cancelled their routes with Venezuela on Saturday, after the United States warned civil aviation about an “increase in military activity” amid the...

Australian Open Latin American Legacy Resonates in Costa Rica

Melbourne's hard courts come alive each January with the Australian Open, the year's opening Grand Slam. This two-week event draws the world's top tennis...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica