YABT and Israel awarded entrepreneurs in IDB’s event “Demand Solutions”

Washington DC, United States, December 3, 2014 – On Tuesday December 2nd, The Young Americas Business Trust (YABT) and Israel’s Agency of International Cooperation for Development awarded two recognitions during the Inter-American Development Bank’s (IDB) event Demand Solutions: Ideas for Improving Quality of Life, held in the IDB’s headquarters in Washington, D.C., United States.

The Demand Solutions: Ideas for Improving Quality of Life event brought together for two days young entrepreneurs of the continent in order to discuss and share innovative solutions addressing development issues in Latin Americas and the Caribbean. The finalists participated in an intensive training called "Fly Garage" where Ana Maria Torres, coordinator of TIC Americas, supported them as a mentor and gave them advice on their proposals and their elevator pitch.

The second day ended with an exciting “Venture Night” where entrepreneurs presented their projects and IDB Officials announced the winners of the competition. The Israeli Deputy Ambassador to Washington DC, Reuven Azar, and YABT Executive Director Valerie Lorena delivered two awards to Mayer Mizrachi from Panama and Daniel Antonio Monroy Gómez from Guatemala. These awards consist of two scholarships to participate in a 3-week course focused on entrepreneurship and innovation provided by the Golda Meir Mount Carmel International Training Center in Haifa, Israel.

For more information, please visit www.yabt.net.

###
The Young Americas Business Trust (YABT) is a nonprofit organization that works in cooperation with the Organization of American States (OAS) in promoting and implementing programs that encourage entrepreneurship in the Americas to combat poverty and seek better opportunities for youth.

MASHAV – Israel’s Agency for International Development Cooperation - at Israel’s Ministry of Foreign Affairs was founded in late 1957, and is responsible for the design, coordination and implementation of the State of Israel’s development cooperation programs. MASHAV concentrates on human and institutional capacity building by sharing Israel’s own development experience and expertise, imparting know-how and transferring innovative technologies and tested methodologies adaptable to a developing country’s needs.

The Golda Meir Mount Carmel International Training Center (MCTC) was established by MASHAV in 1961 to assist in the training of women engaged in community work in the newly emerging states in Africa and Asia. MCTC enjoys the active cooperation of a number of international organizations, governmental and non-governmental organizations and development authorities.