Entrepreneurs from the Global South have the capability to offer very innovative solutions to current challenges. Overcoming the fear of failure and fostering collaboration are key aspects for a promising future.
In the past, the lack of effective accelerators, incubators, and angel investors hindered support for entrepreneurs from the Global South. However, entities like Endeavor and venture capital associations such as LAVCA, ABVCAP, and Amexcap have been established, along with initiatives like WeInvest Latam to promote the participation of female investors in the entrepreneurial ecosystem.
Although talent knows no borders, the concentration of capital in certain regions can limit the growth of others. Women entrepreneurs, in particular, face unique challenges in the venture capital world, being subjected to different types of questions in investment rounds that can affect their funding opportunities.
At Capria Ventures, diversity is valued in all aspects, not just gender, but also cultural, linguistic, educational, and age-related. Collaboration and human relationships are fundamental in the entrepreneurial ecosystem, where equal opportunities and access to capital are important issues to address.
The challenge of increasing the presence of women entrepreneurs in advanced stages of business growth remains relevant. Despite progress in access to education and awareness of diversity, inequalities in terms of professional growth and funding for women still persist.
The use of generative artificial intelligence is seen as a tool that can help reduce communication barriers and promote equality in the entrepreneurial ecosystem. Innovation and technological adoption have driven the development of regions like Latin America, Africa, and India, generating local solutions instead of mere imitations of Silicon Valley.
Through programs like WeXchange, Xcala, and WISE, efforts have been made to support women entrepreneurs, create networks of angel investors, and foster female participation in STEM areas. Despite the challenges, the entrepreneurial sector has advanced significantly, opening opportunities for new generations of entrepreneurs and professionals.
The adaptation of global models to local conditions and the innovative use of technology, such as generative artificial intelligence, are key to sustainable growth and diversification in sectors like education, health, fintech, and agrotech in the Global South. Overcoming the blind imitation of Silicon Valley and betting on local solutions will drive true innovation in emerging regions.
