BBVA Colombia Hosting 16-Week ‘Social Entrepreneurship’ Accelerator Program in July

BBVA Colombia is currently accepting applications for a entrepreneurship program that will give 25 early-growth organizations the opportunity to develop ideas that have the potential for both social and business success.

Called BBVA Momentum, the program is in its second year and will bring together the selected participants for 16 weeks of academic training designed to help turn good ideas into projects that can “change lives,” according to the domestic subsidiary of the Spanish banking giant.

The training, both virtually and face to face, will come from Corporate Learning Alliance (CLA) of the Financial Times and IE Business School as well as members of the MET Community, which stands for Mujer, Emprendimiento and Tecnología (women, entrepreneurship and technology).

In addition to this “mentorship,” BBVA Colombia says the program will also offer strategic support, collaboration, networking and visibility.

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Applications, which require no fee, are being accepted through June 11 and are open to any organization with at least two employees, two years of formal operations in Colombia, and 150 million pesos in annual income. They must also have launched a project, product, or service with “proven social impact.”

The selected startups will start the program on July 11 and continue through October 27.

BBVA Colombia branch in Bogota, Colombia. (Credit: Jared Wade)