Power Station

We know that in the world there is an abundance of capital

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Synopsis

America has a complicated relationship with those who leave behind their families, culture and countries of origin to pursue a greater future in ours. Throughout U.S. history we have both celebrated the risk-taking and resilience of our own descendants in making a new life here and reviled, in the grip of nationalistic political forces, migrants fleeing poverty, violence and a lack of opportunity. In this episode of Power Station, Paty Funegra demonstrates what is possible if we reimagine our current immigration system by supporting would-be migrants’ right to stay at home and prosper. Paty launched Global Development Advisors to support economic development in El Salvador, Guatemala and Honduras by building a vibrant entrepreneurial eco-system there. In collaboration with universities, international aid agencies, FinTech and venture capital groups, she is bridging the capital and information gap that constrains small business owners and tech start-ups in the region. By creating a path to investment, GDA is b