Capital Sources: Venture capitalist conference focuses on the Americas

Irma Becerra-Fernandez

Baby Abuelita Productions is a Miami company with both an unusual name and an unusual line of products.

“We create, manufacture and distribute a line of plush singing dolls, musical books and animated DVDs, and we target Hispanic families — children, parents, grandparents,” said Carol Fenster, who co-founded the business in 2004 with Hilda Argilagos-Jimenez. They sold their first dolls in Miami a year later.

“Our signature dolls actually are two grandparent dolls, Abuelita Rosa and Abuelito Pancho,” Fenster said. “What we wanted to do is combine the warmth and closeness of a baby doll with a nurturing grandparent.”

The company works on an outsourcing and consultant model — the dolls are manufactured in China, animation is created in India, it now has sales in Panama and Chile, and is opening up the Mexican market, all in addition to the U.S.

Baby Abuelita is the sort of small enterprise Irma Becerra-Fernandez wants to spotlight at the Nov. 17-18 Americas Venture Capital Conference, where 15 companies will make presentations to venture capitalists from throughout the hemisphere.

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Read: “Capital Sources: Venture capitalist conference focuses on the Americas,“ an article from Daily Business Review.

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