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The IMF projection is in line with the 2.9% prediction issued last week by the World Bank.

“With the stock markets booming and GDP predicted to grow in most major markets around the world, it’s no surprise CEOs are so bullish,” said Bob Moritz of PwC.

The selected startups will get the opportunity to attend the World Economic Forum on Latin America in March in São Paulo.

Organizer Inexmoda expects the 2018 event to draw more than 15,000 buyers and at least 550 exhibitors.

Looking further ahead, the World Bank has forecast Colombian GDP to increase by 3.4% in both 2019 and 2020.

The ICO estimates production in Colombia to decrease by 4.3%, to 14 million bags, this crop year.

Eduardo Almeida says that, in Rionegro, "we are expanding based on the contracts we have closed recently with some customers."

“We have an extraordinary opportunity in the Latin American market for Unisys to follow a path of growth and expansion," said Almeida.

"RPA is the cornerstone to this next wave of transformation," says Felix Massun, CEO of Latin America for Symphony Ventures.

Last July, the IMF forecasted Colombia's GDP to grow by 3.0% in 2017. In October, that figure fell to 2.7% then, in April, it was cut again to 2.3%. Now it sits at 2.0%.