In 2008, the US-based Cato Institute awarded the US$500,000 Milton Friedman Prize for Advancing Liberty to student leader Yon Goicoechea for his role in mobilising protests against the suspension of private broadcaster RCTV's licence. At the same time, a sizeable amount of the US$45 million in funding provided annually by US institutions to Venezuelan opposition groups was channelled to `youth outreach' programmes.