Monday, October 31, 2011

Entrepreneurship Delegation Travels to Morocco, Algeria and Tunisia

Media Note
Office of the Spokesperson
Washington, DC
October 26, 2011


From October 27 to November 2, the State Department’s Special Representative for Commercial and Business Affairs Lorraine Hariton will lead a delegation of American entrepreneurs, early-stage investors, non-governmental organization representatives, and academics to Morocco, Algeria, and Tunisia. Members of the delegation include several members of the Maghreb Diaspora in the United States. The delegation is sponsored by the Partners for a New Beginning U.S. – North Africa Partnership for Economic Opportunity (PNB-NAPEO) and is organized by the State Department’s Global Entrepreneurship Program.

The delegation seeks to foster and deepen relationships between U.S. investors and entrepreneurs and their local counterparts in emerging markets. The event will showcase local talent in the Maghreb region through pitching sessions to potential investors; mentoring meetings between fledgling entrepreneurs and established entrepreneurs; angel investor roundtables; and networking opportunities. The highlight of the event will be the selection of three starts-ups, one from each participating Maghreb country, to receive a three-month business incubation at the Tech Town Business Incubator in Detroit, Michigan alongside a three-month tuition scholarship at Wayne State University in Detroit to study business and entrepreneurship.

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