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Public-Private Partnerships as Catalysts for Entrepreneurship in Latin America

With Lead Programming Partner

AB InBev Foundation logo - Public-Private Partnerships as Catalysts for Entrepreneurship in Latin America

SpeakerS:
Jessica Bedoya, Chief of Staff and Chief Strategy Officer, Inter-American Development Bank
Catalina Garcia, Global Director of Corporate Affairs, Anheuser-Busch InBev 
Natalia Martinez-Kalinina, Founder and Principal, The NMK Group
Sam Stephens, Executive Director, AB InBev Foundation; Concordia Advisor

Opening the discussion, Natalia Martinez-Kalinina, Founder & Principal at The NMK Group, noted the importance of supporting and scaling entrepreneurs. Public-private partnerships play a crucial role. Jessica Bedoya, Chief of Staff & Chief Strategy Officer for the Inter-American Development Bank, described the Bank’s development mission, acting as a bridge between government and private sector stakeholders. There is an inherent lack of trust that the Bank must address, she continued, making sure that governments know their limits, the private sector knows where to engage, and both sets of stakeholders buy into the project.

Turning to the role of the private sector, Catalina Garcia, Global Director of Corporate Affairs for Anheuser-Busch InBev (AB InBev), explained AB InBev’s work with partners and communities across the value chain, offering support through business platforms, entrepreneurship, value creation, and e-commerce. The company ensures that stakeholders get a return without sacrificing the future for the present. Sam Stephens, Executive Director at AB InBev Foundation, described how the foundation catalyzes sustainable progress by finding neglected issues and filling gaps.

Looking at the Sustainable Development Goals (SDGs), Bedoya explained that many countries are lagging on results, so we need to identify vacuums and admit what we’re not doing well in order to correct and take steps quickly. Garcia noted that the SDGs are at the heart of the company, especially in efforts to promote responsible drinking and environmental sustainability. Closing the panel with a look toward the future, Bedoya described the Bank’s efforts to improve internal processes, Garcia explained how the company intends to use platforms to support development and the SDGs, and Stephens noted a continuing effort to identify under-resourced problems. 

 

Key takeaways & next steps:

  • Supporting entrepreneurs in Latin America takes both government and private sector investment. 
  • Large companies should work throughout the value chain to empower their suppliers and entrepreneurs.

“Public and private is a synergy that you can’t divorce one from the other because without it you won’t have the development impact and the success we want to see.”

 

Jessica Bedoya, Chief of Staff & Chief Strategy Officer, Inter-American Development Bank

“From all the projects we’ve started, we know what works and what doesn’t. We’re now accelerating what does work to help drive greater impact.”

 

Catalina Garcia, Global Director of Corporate Affairs, AB InBev

“Supporting and scaling entrepreneurs in Latin America is a cornerstone pillar for driving sustained economic growth.”

 

Natalia Martinez-Kalinina, Founder & Principal, The NMK Group

“Innovation is often a buzzword, but it means finding opportunities to test out new ideas. Some solutions may work, but may not be efficient at scale. Diverse partnerships can help determine if they can work in different value chains.”

 

Sam Stephens, Executive Director, AB InBev Foundation and Concordia Advisor