Pursuing a career in entrepreneurship is a very exciting and rewarding path. It takes hard work, dedication, commitment, and perseverance to form and run a successful startup. When pursuing a startup in a foreign country, these traits must be twice the intensity. The StartupVC founder and CEO, Craig Dempsey, self-identified these traits when he was […]
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Colombia is one of the best places in Latin America to form a startup and do business. As the region’s fourth largest economy, Colombia has ample opportunity and support for entrepreneurs and established companies. Increasing annual GDP figures, multiple free trade and trade bloc agreements, and increasing levels of foreign direct investment in the country
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Colombia is a country with seemingly endless possibilities. With an unwavering, deterministic spirit, the country has buried its former, unbecoming reputation and built, from the ground up, an entirely new one. Now, Colombia is known worldwide for its rich and diverse culture, history, and economy. Fueling much of its successful economy is the B2B services
Home to many startups and entrepreneurs, Colombia is now adding “Hot Spot for Venture Capital” to its long list of promising economic qualities. With a growing economy and intricate globalized trade system, some may find it difficult to distinguish this new title from the many others that Colombia already has. With a complete economic overview,
Becoming an entrepreneur in Colombia, and Latin America in general, is growing in popularity and attractiveness. With a GDP of $331 billion, Colombia’s economy is the fourth largest in Latin America. This large economy, plus handfuls of free trade agreements, trade blocs, and government-funded “startup supporters,” make Colombia a very attractive market for entrepreneurs. Not
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Colombia hosts over 2,126 active startups in 2025, making it the third-largest startup ecosystem in Latin America with $513 million raised in venture capital during 2024. Colombian startups raised $513 million across 104 deals in 2024. Bogota captures 89% of capital while Medellin grew 41% in startup activity. Key sectors include fintech, proptech, medical tourism,