1776 will be mentoring entrepreneurs from Tunisia as part of a new U.S. Department of Commerce-led initiative to encourage trade with the country, Commerce Secretary Penny Pritzker announced Thursday.
The Regional Investments to Support Entrepreneurship, or RISE, initiative is a partnership between Commerce and Microsoft, Hewlett Packard, Cisco, Pfizer, Medtronic and the Partners for a New Beginning.
As part of the program, 1776 will advise Tunisian incubators, as well as host Tunisian entrepreneurs in D.C. and American entrepreneurs in Tunisia.
According to her prepared remarks at the Investment and Entrepreneurship Conference in Tunis, Pritzker said:
For a people that toppled a longstanding regime in the span of just four weeks, I realize that expectations run high for immediate results. But with patience from Tunisia’s citizens and with persistence from Tunisia’s government to undertake necessary reforms, I believe you will succeed in creating the conditions for investment, for job creation, and for broad-based growth.
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