TTR In The Press

Bloomberg Línea

August 2022

What’s the Panorama for Colombia’s Startup Space Under President Petro?

Unlike the previous government, the new president’s plans do not put much emphasis on entrepreneurship, but there is focus on innovation, according to Alexander Riascos Caicedo, executive director of the Emprende Mejor foundation

Bloomberg Línea — Colombia is one of the Latin American countries with the best average economic growth in recent years, and has gone from being a lagging economy as a result of the internal crisis caused by the violence and rebel activity, to a country where the spotlight has shifted to important milestones, according to Alexander Riascos Caicedo, executive director of Fundación Emprende Mejor, a Colombian pro-business foundation.

One of the milestones of the Colombian economy has been the development of its entrepreneurship ecosystem in recent years, in the first six months of 2022, startups created in Colombia attracted more venture capital than ever before: $1.03 billion, according to recently released figures from Transactional Track Record (TTR)


Source: Bloomberg Línea  


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