The Ministry of Production of the Nation of Argentina collaborated with the National Insurance Superintendent, ARCAP, ASEA and the insurance sector to allow Argentine insurance companies to invest in startups. Now according to the Instituciones de Capital Emprendedor (ICEs) insurance companies can invest up to 1% in entrepreneurial capital funds, in addition to previously approved capital commitments to other private capital sectors (including PPPs, infrastructure, and real estate).
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Four years in the making, the Argentinian Senate approved the Entrepreneurship Law, Ley de Emprendedores. The law aims to create new businesses in a day, grant tax benefits to investors,…