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The top companies will only get $15,000 USD in funding, but they will also receive mentorship during their stay in Mexico City.

"We have spent more than $250 million USD investing in strategic areas of our business," says Tecnoglass CFO Santiago Giraldo.

The White House cited the need to formulate a response to the chemical attack in Syria as the reason for canceling the trip.

This builds on the company’s already-established reinsurance business in the country, UIB Colombia.

More than half of the total, or $1.57 billion USD, came from the hydrocarbon sector, per DANE.

The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February.

Speakers will include Edgar Helou of Google, Marco Casarín of Microsoft, and Luis Enrique Arce of PwC.

“Only on the basis of dialogue, communication and constant effort can we join efforts to make progress," said Colombian diplomat Andrés González.

"It is difficult to see a domain where it couldn’t be applied nowadays," said Waldemar López of UruIT about the future of machine learning adoption.

The IFC DigiLab for Latin America and the Caribbean will look toward “helping businesses respond to new digital trends in the market."