As part of The U.S. Agency for International Development’s Guatemala Entrepreneurship and Development Innovation initiative, companies and private sector partners have committed $31 million to support entrepreneurs and businesses that can increase access to renewable energy and improve agriculture, water and sanitation, health, and education.

USAID will provide an additional $7.5 million in funding to the Aspen Network of Development Entrepreneurs towork with its dozens of member incubators, accelerators, and financial institutions in the region to provide direct support and capital to farmers, entrepreneurs and business owners.