Fostering Entrepreneurship in Developing Countries

To foster entrepreneurship in developing countries, it is crucial to connect with experienced founders and build a network of mentors who can provide guidance and advice. Regional incubators should seek out successful local entrepreneurs who can invest in and support startups within their ecosystem. Additionally, creating a local angel investor network is essential for enhancing fundraising opportunities. If such an ecosystem doesn't exist, establishing bridges with funders in established startup hubs like Silicon Valley can help connect startups with potential investors.