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USAID Investing In Start-Ups To Address Global Poverty

Los Angeles Times: USAID is incubating start-ups to tackle poverty problems
“To accomplish that goal [of ending extreme poverty], USAID has taken on the role of start-up incubator. The agency has launched development labs at seven major universities to draw students and faculty into collaborations aimed at building new approaches to global poverty. Like any other venture capital investor, USAID seeks out projects that have potential to be economically viable and stand on their own once the start-up dollars run dry…” (Halper, 9/13).