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To promote the growth of local startups, Colombian-Arab accelerator Upview Ventures announced that it has led New plans for entrepreneurs.
María Paula Charry Mejía, Chief Marketing Officer of Upview Ventures, said that through this ten-week program, Entrepreneurs will be able to receive guidance from experts, meet investors and potential customers.
“Companies that have gone through this acceleration program have experienced significant growth, as has been the case with Aptitude and Ancestors Coffee; the first project was worth $250,000, the next one was worth $2 million; and secondly, it now has a strategic partner that has enabled it to start exporting to the United Arab Emirates and expand its market.”Charlie emphasized.
According to the latest Columbia Technology Report, high-impact startups have grown 28% over the past five years. Colombia has 1,327 startups, 60% of which are concentrated in Bogota and 21% in Antioquiawhich opens up an attractive map for more accelerators to look “favorably” at the projects being developed in the country.
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“We aim to expand our portfolio by 80% and attract entrepreneurs who are seeking not only financial success, but also to make a lasting impact on their industry. We believe in the power of collaboration and mutual learning, and our vision is to create a community of entrepreneurs who support each other on the road to success,” Charlie said.
The executive pointed out that Upview Ventures Nuestro’s current investment portfolio consists of 16 companies in the fields of fintech, education technology, human resources, artificial intelligence, robotics, etc.In terms of the value we seek to create, our goal is to have our portfolio valued at over $15 million by 2023 because we are growing so fast. This is not just a number, but a tangible manifestation of the trust entrepreneurs have in us and the real change we are capable of driving.”
Start a business.
Charlie explained Calls for participation in the program are open Interested entrepreneurs can apply through the accelerator’s official website.
“The uncertainties faced by startups today, including huge financial losses, high operating costs, supply-demand imbalance, mass layoffs, exaggerated debt, complexity of financing rounds and even failure to take off, are all factors that drive startups to start businesses. We are committed to creating unique and personalized value solutions to drive company growth”Charlie framed.
(See: Colombia’s SMEs grow slightly in the second quarter)
Charry noted that among their goals this year, they hope to accelerate the establishment of five to seven local businesses. “As we look ahead to 2023, there will be exciting possibilities and extraordinary achievements. We are honored to be a part of each entrepreneur’s journey”Charlie commented.
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