CoreNest launches $25 million fund to support startups in El Salvador

Imagen vía: CoreNest

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In an ambitious project to boost the growth of innovation and technology in Latin America, CoreNest, a global capital and innovation platform, has announced the arrival of a fund and a global accelerator that will support startups to strengthen the startup ecosystem in El Salvador.

The initiative, which is a joint effort between the Government of El Salvador and strategic allies of the ecosystem, will support around 300 high potential startups over the next five years in the Central American country.

CoreNest seeks to attract startups from across the region that are based in areas such as artificial intelligence, digital finance, e-commerce, and telecommunications. Each startup will receive US$125,000 in investment, access to a 12-week acceleration program, mentorship from international experts, and opportunities to connect with large companies through innovation projects.

“This is not just a launch, it’s the start of a movement. From El Salvador, CoreNest is helping to shape the future of Latin America. The world will see this nation as a hub of innovation, talent and opportunity. Our $25 million fund is just the beginning, and we plan to scale it to $100 million over the next few years,” said Jose Roberto Rodriguez, CEO of CoreNest Accelerator.

The fund, in addition to supporting startups, will open a new era of opportunities for entrepreneurs and for El Salvador’s innovation ecosystem by investing in local and Latino talent with the goal of generating jobs and helping transform the country through technology.

The first program begins in February 2026 and will conclude in May of the same year with an international Demo Day with investors and other key players in the ecosystem. Through this initiative, startups will be able to validate their solutions, expand to international markets and access future investments.

CoreNest’s portfolio includes world-renowned companies such as OpenAI, xAI, SpaceX, Neuralink and Safe Superintelligence (SSI). The initiative will also offer a soft landing program, which includes tax incentives, visa support, and collaborative spaces.

“We are not just here to support startups; we are here to open a new era of growth for El Salvador. CoreNest is here to invest in talent, generate jobs, and help transform El Salvador into the Silicon Valley of Latin America,” said Bob Ras, GP & Co-Founder of CoreNest, in a statement.

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