Softbank Innovation Fund Searches For Startups In The Region

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One of the most successful entrepreneurs in the world, according to La República, Marcelo Claure from Bolivia is adding a new chapter to his career. He is now in charge of supervising the investments of the new innovation fund that the Japanese telecommunications and internet company, Softbank, will have in the region.

Claure began his career in 1997 after founding Brightstar, which became the largest wireless services and distribution company in the United States, with operations in more than 50 countries and revenues that exceed $10 billion US dollars.

“Recognized as one of the most successful entrepreneurs in the world, he has been named a Young Global Leader by the World Economic Forum (WEF), the Entrepreneur of the Year by Hispanic Business magazine and a member of the Ernst & Entrepreneur of the Year Hall of Fame of the Year”, La República wrote.

Today, he is the executive president of Sprint, CEO of Softbank for Latin America and Softbank Group International, and the COO of the Softbank Group Corp.

“The executive spoke with La República about the project, for which Softbank allocated an allocation of $5 billion US dollars, and stressed that its main interest is to find entrepreneurs who not only have the potential for disruption in the region but also can turn their companies into global leaders”, the aforementioned media explained.

The reason Claure gives for creating this fund in Latin America is that he believes that “the time has come for the region to create a new type of entrepreneur who knows how to use technology to attract disruptive models and change the way people live in the region”, you can read in La República.

Source.

Cover Photo Pexels.

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