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Uruguay takes leadership in APEP initiatives

Uruguay takes leadership in APEP initiatives

In a firm commitment to the Americas Partnership for Economic Prosperity (APEP), Uruguay has taken the lead in two initiatives: on one hand, the creation of a network of angel investors and venture capital funds in the region, led by Uruguay Innovation Hub, and on the other, our country will co-lead, alongside Chile and the United States, the renewable energy working group.

A Uruguayan delegation visited the United States to continue with the agreements established within the framework of APEP. Among others, Sabrina Sauksteliskis, Executive Director of Uruguay Innovation Hub (UIH), María José González, Coordinator of the Green Hydrogen Program (H2U) of the Ministry of Industry, Energy and Mining of Uruguay (MIEM) and Nathalie Peter Irigoin, Minister Counselor of the Embassy of Uruguay in the United States, participated in the mission. Uruguay co-led both the Entrepreneurship and Clean Hydrogen working groups and presented the steps taken so far during the Senior Officials Meeting of the Foreign Affairs Track. They also participated in the Stakeholder Discussion organized by the World Affairs Council Miami, which featured opening remarks by DAS Kevin Sullivan and Ambassador Lisa Kubiske, and leadership from the Association of American Chambers of Commerce in Latin America and the Caribbean (AACCLA).

Creation of an investor and VC network and support for a business accelerator

On January 14th, Mr. Ramón Escobar, Director of Western Hemisphere Strategy at the White House, announced that Uruguay would lead the creation of a regional network of angel investors and venture capital funds. This announcement was made during the Punta Tech event in Punta del Este, Uruguay, which brought together more than 1500 technology leaders, entrepreneurs, investors, and representatives of the local and regional business community.

Uruguay's participation in APEP also entails support for the implementation of a regional acceleration program promoted by the United States Agency for International Development (USAID). This initiative aims to boost innovation and the transformation capacity of member countries, generating a significant impact on the economic development of the region.

The Uruguay Innovation Hub invites all interested parties to join this initiative, recognizing that this challenge represents a unique opportunity to place innovation in a position of importance in the region.

Renewable energy working group

Uruguay, through the MIEM, will co-lead, along with Chile and the United States, a working group on renewable energy. Representing our country is María José González, Coordinator of the Green Hydrogen program (H2U) at the ministry.

This commitment by Uruguay reinforces APEP's shared vision to drive sustainable economic development and prosperity in the Americas through innovation, sustainability, and strategic collaboration.

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