Medellín Entrepreneurship Ecosystem: a hub of opportunities and investment for startups in Latin America

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In recent years the term Entrepreneurship Ecosystem began to become more recurrent when we talk about entrepreneurship.

But what does this mean?

And Entrepreneurship Ecosystem refers to the set of actors, resources, institutions and dynamics that interact to support and encourage the development of new companies and startups in a given region, and the effective interaction of these components becomes crucial to foster innovation, economic growth and employment generation. This is why, intentionally, these actors must work together, uniting purposes that promote a healthy and collaborative ecosystem in which the exchange of knowledge and experience is enhanced.

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Now, in this context, the term Startup It also began to have a special role. When we refer to this term, we are talking about emerging companies, in stages of development that seek to validate an innovative and scalable business model. Generally, these companies focus on creating products or services that solve specific problems, using technology to do so. Keeping this clear:

Why is it important to generate actions that promote the entrepreneurship ecosystem of a country?

An interesting way to generate dynamics that promote an ecosystem is by holding different events in which all actors interact and put different capacities at the service of entrepreneurs so that they can continue growing. In this order of ideas, and to continue promoting the entrepreneurship ecosystem of Medellín, next October 21 and 22, 2024our city will host a very important event not only for the country but for the region: the International Ibero-American Startup Congressled by the International Association of Startupsand actors such as the Universidad Pontificia Bolivariana, TalentHub, IUSH, Red Business Market, Jaguars Startups, Institución Universitaria Salazar y Herrera, Ruta N, among others; a must-see event for actors in the entrepreneurial ecosystem to promote specific business opportunities and for entrepreneurs to find multiple investment opportunities that allow them to continue growing.

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This event will bring together more than 100 international speakers, will have the participation of 120 firms and institutions from around the world and the presence of 2,000 leaders of the entrepreneurial ecosystem from more than 40 countries. There, collaboration will be encouraged, the creation of valuable connections and will mobilize capital greater than 300 million euroswith investment tickets of up to 1 million euros.

By attracting events of this level to the city, innovation and business development are promoted, which in turn stimulates economic growth, generating a positive impact on the local economy and strengthening the business fabric. For this reason, it is everyone’s commitment to promote the entrepreneurial ecosystem of Medellín, which more than ever is experiencing a moment of great dynamism and vibrant activity, and step by step, become a reference for other ecosystems, capturing the attention of investors who They recognize in our companies their potential to generate a triple impact: economic, social and environmental. With initiatives like this, we want to position Medellín as the heart of the entrepreneurial ecosystem in Latin America.

Medellín invites you to join this entrepreneurial revolution!

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