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As Venezuela’s economy shows early signs of stabilization after years of contraction, one of the country’s most prominent private-sector institutions is launching a major initiative to support entrepreneurship and business formation.

Empresas Polar, the country’s largest privately owned industrial group, has announced a program designed to help create 1,000 new companies in Venezuela over the next 15 years. The initiative was presented during the company’s 85th anniversary celebration in March 2026 and will be implemented through Fundación Empresas Polar, its long-standing philanthropic and educational foundation.

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