NJIT hosts US arm of Consortium to promote American and Peruvian entrepreneurs

January 5, 2011 § Leave a comment

A consortium of business, academic, and immigrant organizations in the United States and Peru is collaborating on an initiative it hopes will assist small-business entrepreneurs in both countries. The Peruvian American Center for Entrepreneurial Development will be modeled after U.S.-style business incubators set up to provide logistics, technical infrastructure, training, and other resources for business owners who lack the capacity to expand the reach of their products beyond their own communities. The project, with support from Peruvian business leaders in the United States and universities in both countries, opened an office last month in Lima, Peru, and plans to be operational this month. Its U.S. counterpart will be based at the business-incubator program of the New Jersey Institute of Technology. Daniel Jara, a Peruvian business leader and head of the Statewide Hispanic Chamber of Commerce of New Jersey, said it was important for Peruvian immigrants to share the know-how that has made them successful in America. “We’re in a perfect position, since we know the market, the language, and the culture, to help these businesses,” Jara said. Business incubators are usually aimed at helping eligible start-up companies or entrepreneurs navigate everything from applying for funding or bank loans to developing marketing plans or learning how to expand into new markets. (AP)

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You are currently reading NJIT hosts US arm of Consortium to promote American and Peruvian entrepreneurs at Harlan York and Associates Immigration Lawyer Team 973.642.1111.

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