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	<title>ruta n &#8211; Finance Colombia</title>
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	<link>https://www.financecolombia.com</link>
	<description>Connecting Colombia to the global capital markets, analysts, economists, investors, and executives that matter</description>
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	<title>ruta n &#8211; Finance Colombia</title>
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	<item>
		<title>Ruta-N Launches Medellín Next with 25 Colombian Tech Firms Ready For International Expansion</title>
		<link>https://www.financecolombia.com/ruta-n-launches-medellin-next-with-25-colombian-tech-firms-ready-for-international-expansion/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Tue, 28 Oct 2025 17:40:08 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[b2chat]]></category>
		<category><![CDATA[carolina londoño peláez]]></category>
		<category><![CDATA[erco]]></category>
		<category><![CDATA[hacku]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[medellin next]]></category>
		<category><![CDATA[netux]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[Somos Internet]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=36648</guid>

					<description><![CDATA[The selected companies already have found product-market fit and are generating significant revenues....]]></description>
										<content:encoded><![CDATA[<p>Medellin&#8217;s municipally owned business incubator <a class="ng-star-inserted" href="https://rutanmedellin.org/" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ4gE">Ruta-N</a> has announced the selection of 25 companies—a mix of startups and scaleups, to form the inaugural cohort of Medellín Next, an initiative focused on the expansion of high-impact, technology firms into international markets.</p>
<p>The application process attracted 65 companies from sectors including technology, energy, financial services, health, education, and agroindustry. This level of participation reflects the current activity within the city’s entrepreneurial ecosystem.</p>
<p>The 25 selected companies will access a comprehensive set of support services. These services include strategic diagnostics, customized mentorship from high-level experts, pitch training, and connections to international investment and market networks. Carolina Londoño Peláez, Executive Director of Ruta N, confirmed the formation and support process is scheduled to last two months.</p>
<p>The initial cohort includes firms such as <a class="ng-star-inserted" href="https://erco.energy/" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ4wE">Erco</a>, <a class="ng-star-inserted" href="https://www.b2chat.io/" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ5AE">B2Chat S.A.S</a>, <a class="ng-star-inserted" href="https://www.somosinternet.co/internet-para-pymes-y-empresas" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ5QE">Somos Internet</a>, <a class="ng-star-inserted" href="https://www.hacku.com/en" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ5gE">Hacku</a>, and <a class="ng-star-inserted" href="https://en.netux.com/en/home" target="_blank" rel="noopener" data-hveid="0" data-ved="0CAAQ_4QMahgKEwiq-MK3tMCQAxUAAAAAHQAAAAAQ5wE">Netux</a>, along with 20 additional companies. The complete list of participants is available on the <a href="https://rutanmedellin.org/medellin-next">Ruta N website.</a></p>
<h2>Selection Criteria</h2>
<div id="attachment_36650" style="width: 460px" class="wp-caption alignright"><a href="https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez.jpeg" target="_blank" rel="noopener"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-36650" class="wp-image-36650 size-large" src="https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-450x450.jpeg" alt="Carolina Londoño Peláez, Executive Director of Ruta N" width="450" height="450" srcset="https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-450x450.jpeg 450w, https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-480x480.jpeg 480w, https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-250x250.jpeg 250w, https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-350x350.jpeg 350w, https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez-150x150.jpeg 150w, https://www.financecolombia.com/wp-content/uploads/2025/10/Carolina-Londono-Pelaez.jpeg 768w" sizes="(max-width: 450px) 100vw, 450px" /></a><p id="caption-attachment-36650" class="wp-caption-text">Carolina Londoño Peláez, Executive Director of Ruta-N (photo courtesy Ruta-N)</p></div>
<p>To be eligible for Medellín Next, companies were required to demonstrate a specific level of operational maturity and market traction, including:</p>
<ul>
<li>A validated business model, with a product or service already generating sales in the market.</li>
<li>Minimum annual invoicing of $1 million USD in sales and revenue.</li>
<li>A minimum full-time team of five employees.</li>
<li>At least one active founder dedicated to the company full-time.</li>
<li>A clearly defined growth and scalability plan.</li>
</ul>
<p>Londoño Peláez stated that the program&#8217;s objective is to facilitate business scaling to establish Medellín as a high-impact technology hub in Latin America. The support services are structured to address areas essential for expansion, including strategic planning, financial strengthening, leadership, capital access, and internationalization.</p>
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		<title>Medellín’s Ruta N Named Victim in Criminal Investigation Related to Administration of Daniel Quintero</title>
		<link>https://www.financecolombia.com/medellins-ruta-n-named-victim-in-criminal-investigation-related-to-administration-of-daniel-quintero/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Tue, 28 Oct 2025 12:33:17 +0000</pubDate>
				<category><![CDATA[Law, Justice & Peace]]></category>
		<category><![CDATA[Distrito de Medellín]]></category>
		<category><![CDATA[empresas publicas de medellin]]></category>
		<category><![CDATA[epm]]></category>
		<category><![CDATA[federico gutierrez zuluaga]]></category>
		<category><![CDATA[Fiscalía General de la Nación]]></category>
		<category><![CDATA[hector ivan rendon]]></category>
		<category><![CDATA[Héctor Iván Rendón Vélez]]></category>
		<category><![CDATA[Juzgado Tercero Penal Municipal]]></category>
		<category><![CDATA[luisa fernanda rendon]]></category>
		<category><![CDATA[Luisa Fernanda Rendón Gallo]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[orporación Ruta N Medellín]]></category>
		<category><![CDATA[ruta n]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=36584</guid>

					<description><![CDATA[Ruta N is not under investigation but seeks victim status, citing corruption during the administration of former Mayor Daniel Quintero...]]></description>
										<content:encoded><![CDATA[<p>On October 21, 2025, municipal tech incubator <a href="https://rutanmedellin.org/">Corporación Ruta N Medellín</a> announced its involvement as a victim in an ongoing criminal investigation stemming from alleged irregularities during the entity’s previous administration (2020–2023).</p>
<p>The announcement follows a hearing held by the <a href="https://www.fiscalia.gov.co/colombia/">Fiscalía General de la Nación</a> before the Juzgado Tercero Penal Municipal (3rd municipal criminal court) in which charges were formally brought against Héctor Iván Rendón Vélez for violation of the regime of inabilities and incompatibilities, and Luisa Fernanda Rendón Gallo for falsification of a private document. These charges are part of a broader set of 650 findings revealed by Medellín’s mayor, Federico &#8220;Fico&#8221; Gutiérrez.</p>
<p>Ruta N clarified that it is not under investigation as a presumed responsible party, but rather as an entity affected by the alleged actions of the accused. The organization has requested formal recognition as a victim within the criminal proceedings, citing direct impacts on principles of transparency, morality, and the public resources it manages.<br />
The damages cited by Ruta N include:</p>
<ul>
<li>Economic: Payment for a service contract that, according to the entity, should not have been executed, resulting in a direct impact on its resources.</li>
<li>Reputational: The events, unrelated to the current administration, risk undermining public and business confidence in the entity’s transparent management.</li>
<li>Political and Institutional: Actions by former representatives or interveners may distort public perception of Ruta N’s mission and credibility as a driver of Medellín’s science, technology, and innovation ecosystem.</li>
<li>Moral and Public Trust: Such conduct is described as undermining institutional integrity and affecting relationships with partners, contractors, and the academic and business communities.</li>
</ul>
<p>Ruta N reiterated its policy of zero tolerance for corruption and its commitment to transparency, legality, and responsible management of public resources entrusted by the Distrito de Medellín and <a href="https://www.epm.com.co/clientesyusuarios/servicio-al-cliente/tu-factura/">Empresas Públicas de Medellín (EPM)</a>. The organization also reported that the accused did not accept the charges, and the judicial process will continue.</p>
<p>Ruta N stated its intention to cooperate fully with judicial authorities to clarify the facts, defend public resources, and preserve its reputation.</p>
<p>The investigation is being conducted by the <em>Fiscalía General de la Nación</em> (Attorney General&#8217;s office) and overseen by the <em>Juzgado Tercero Penal Municipal</em> (3rd Municipal Criminal Court).</p>
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		<item>
		<title>When in Medellín on Business, Here&#8217;s Why You May Want To Stay an Extra Day</title>
		<link>https://www.financecolombia.com/when-in-medellin-on-business-heres-why-you-may-want-to-stay-an-extra-day/</link>
		
		<dc:creator><![CDATA[Mano Chandra Dhas]]></dc:creator>
		<pubDate>Mon, 18 Aug 2025 23:08:25 +0000</pubDate>
				<category><![CDATA[Travel & Hospitality]]></category>
		<category><![CDATA[Bibliometro Line]]></category>
		<category><![CDATA[bogotá]]></category>
		<category><![CDATA[cali]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[comuna 13]]></category>
		<category><![CDATA[Comuna 8]]></category>
		<category><![CDATA[el poblado]]></category>
		<category><![CDATA[José María Córdova International Airport]]></category>
		<category><![CDATA[latin america]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[Museo Casa de la Memoria]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[Tranvía de Ayacucho]]></category>
		<category><![CDATA[Unidad Deportiva de Miraflores]]></category>
		<category><![CDATA[Villa Hermosa]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=35607</guid>

					<description><![CDATA[Innovation in Medellín runs deep from tech parks to Villa Hermosa’s gardens, murals, and micro-businesses.
...]]></description>
										<content:encoded><![CDATA[<p>Every year, thousands of professionals fly into Medellín for meetings, conferences, and corporate visits. They land at <a href="https://mdeairport.com/">José María Córdova International Airport</a>, check into hotels in El Poblado, attend back-to-back meetings, and often leave as quickly as they got into meeting rooms.</p>
<p>But what if they stayed just one night longer?</p>
<p>That extra 24 hours could open their eyes to a city that is not only a rising economic center of activity, but also a living example of urban transformation. Medellín is no longer a city you pass through — it’s a city you learn from.</p>
<h3>A City Rebuilt with Purpose</h3>
<p>We all know that in the early 1990s, Medellín made headlines for all the wrong reasons. It was a city affected by violence, drug trafficking, and fear. But today, it stands as one of Latin America’s most inspiring turnaround stories.</p>
<p>Over the past two decades, Medellín has become a model of urban renewal and smart public investment. Public and private sectors have worked together to rebuild the economy, improve infrastructure, and create inclusive spaces. The result is a city that now attracts international business, top talent, and a growing number of visitors.</p>
<div id="attachment_35754" style="width: 310px" class="wp-caption alignright"><img decoding="async" aria-describedby="caption-attachment-35754" class=" wp-image-35754" src="https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-247x350.jpg" alt="Medellín." width="300" height="425" srcset="https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-247x350.jpg 247w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-339x480.jpg 339w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-678x960.jpg 678w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-176x250.jpg 176w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-768x1088.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-1084x1536.jpg 1084w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-1446x2048.jpg 1446w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-318x450.jpg 318w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-106x150.jpg 106w, https://www.financecolombia.com/wp-content/uploads/2025/08/mde-pexels-javier-andres-miranda-delgadillo-1315532421-25019686-scaled.jpg 1129w" sizes="(max-width: 300px) 100vw, 300px" /><p id="caption-attachment-35754" class="wp-caption-text">Colorful staircase in Medellín. Photo credit: Andres Miranda from Pexels.com.</p></div>
<p>One of the strongest symbols of this change is <a href="https://rutanmedellin.org/en/">Ruta N</a>, in the city’s innovation district. This tech-driven ecosystem has brought in over 400 companies from more than 30 countries, from startups to multinationals in clean energy, mobility, health, and advanced manufacturing.</p>
<p>Medellín is no longer just competing with Bogotá or Cali. It is positioning itself as a gateway to the Andean region and Pacific markets.</p>
<h3>Infrastructure That Drives Inclusion</h3>
<p>Unlike many cities, Medellín’s infrastructure does more than move people — it connects lives and economies. The Metrocable, an aerial cable car system, links poor hillside neighborhoods to the city center. The Tranvía de Ayacucho and Bibliometro Line go beyond efficiency; they bridge historic gaps in access and opportunity.</p>
<p>Public libraries, sports complexes, and innovation hubs are placed strategically across all zones of the city, ensuring that economic growth is also social growth. Medellín calls this Social Urbanism, and it has become a model studied by city planners across the world.</p>
<p>Most importantly, this is not just theory. It’s a working city model. The Unidad Deportiva de Miraflores, for example, offers youth in high-risk areas a place for sports, learning, and leadership. It’s a real alternative to crime: a core part of Medellín’s development plan.</p>
<h3>A Culture of Innovation That Exte<span style="font-size: 16px;">nds Beyond the Boardroom</span></h3>
<p>Innovation in Medellín is not limited to tech parks. It’s in the DNA of the city. It’s in Comuna 8, where grassroots initiatives have reshaped entire communities. It’s in Villa Hermosa, a district once affected by violence, now alive with urban gardens, murals, and micro-businesses.</p>
<p>It’s in the art of Comuna 13, where graffiti tells stories of pain, survival, and hope — and where visitors can walk alongside locals who helped drive the transformation.</p>
<p>Staying longer allows the business visitor to see this for themselves. Not through data, but through experiences that bring the numbers to life.</p>
<h3>The Museo Casa de la Memoria: Learning From the Past</h3>
<p>One of Medellín’s most powerful cultural spaces is the <a href="https://www.museocasadelamemoria.gov.co/">Museo Casa de la Memoria</a>. Here, interactive exhibits share the stories of Colombia’s conflict and the human cost of the drug war. It is not a place of blame, but of understanding.</p>
<p>Business travelers often spend time trying to understand market risk, political context, and social trends. A visit here does that in one afternoon. It’s a direct look at how a country confronts its past while building a better future.</p>
<p>This museum is often the final stop on city tours that show both the historic scars and the healing now underway. It gives voice to the victims and gives visitors a deep respect for the city’s resilience.</p>
<h3>Why One Extra Day Matters</h3>
<p>Medellín is efficient, modern, and business-friendly. It has strong universities, a talented, growing bilingual workforce, and competitive operating costs. It has world-class hotels and modern meeting spaces.</p>
<p>The city also has something you can’t see on a spreadsheet — a spirit of reinvention.</p>
<p>When you stay longer, you see that Medellín is not just trying to look like other global cities. It’s building something different. Something that balances profit with purpose.</p>
<p>One extra day can be a strategy, not a luxury. It’s a way to understand clients better, build trust, explore new partnerships, and witness a city that’s leading by example.</p>
<h3>Medellín: More Than a Business Trip</h3>
<p>This is not about squeezing in a few tourist sites after hours. It’s about understanding the bigger picture of Colombia’s economic future. Medellín is playing a leading role: not just in innovation, but in inclusion. Not just in strategy, but in soul.</p>
<p>So the next time business brings you to Medellín, pause before booking the return flight. Let the city speak to you through its streets, its people, and its projects. In just 24 more hours, you might discover why Medellín is Latin America’s most quietly powerful success story.</p>
<p style="text-align: right;">Photo credit: César Gaviria/Pexels.com.</p>
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		<item>
		<title>Medellín Attracts Over $168 Million USD in Foreign Investment in First Half of 2025</title>
		<link>https://www.financecolombia.com/medellin-attracts-over-168-million-usd-in-foreign-investment-in-first-half-of-2025/</link>
		
		<dc:creator><![CDATA[Editorial Staff]]></dc:creator>
		<pubDate>Tue, 05 Aug 2025 20:21:20 +0000</pubDate>
				<category><![CDATA[Public Sector & Education]]></category>
		<category><![CDATA[Accenture]]></category>
		<category><![CDATA[aci medellin]]></category>
		<category><![CDATA[Agency for Cooperation and Investment of Medellín and the Metropolitan Area]]></category>
		<category><![CDATA[Allies Network]]></category>
		<category><![CDATA[ANDI del Futuro]]></category>
		<category><![CDATA[Antioquia Foreign Direct Investment Roundtable]]></category>
		<category><![CDATA[argentina]]></category>
		<category><![CDATA[Bancoldex]]></category>
		<category><![CDATA[Bloomberg Philanthropies' Mayors Challenge 2025]]></category>
		<category><![CDATA[brazil]]></category>
		<category><![CDATA[c40]]></category>
		<category><![CDATA[chile]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[City Data Alliance]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[Cristina Zambrano]]></category>
		<category><![CDATA[france]]></category>
		<category><![CDATA[Government of Antioquia]]></category>
		<category><![CDATA[health prime]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[Medellín 2025 Investment Roundtable]]></category>
		<category><![CDATA[Medellín Chamber of Commerce for Antioquia]]></category>
		<category><![CDATA[Medellín Venture Capital]]></category>
		<category><![CDATA[MedInvest]]></category>
		<category><![CDATA[Primavera Norte]]></category>
		<category><![CDATA[procolombia]]></category>
		<category><![CDATA[puerto rico]]></category>
		<category><![CDATA[Recurly]]></category>
		<category><![CDATA[Royal Academy of Engineering]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[ukraine]]></category>
		<category><![CDATA[united kingdom]]></category>
		<category><![CDATA[united states]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=35397</guid>

					<description><![CDATA[27 businessmen and 19 investors joined ACI Medellín’s roundtable, creating 127 business appointments in Antioquia’s investment event....]]></description>
										<content:encoded><![CDATA[<p>During the first half of 2025, the <a href="https://acimedellin.org/?lang=en">Agency for Cooperation and Investment of Medellín and the Metropolitan Area – ACI Medellín</a> – managed 18 foreign direct investment projects for a total of $168.11 million USD, with a projection of more than 8,100 jobs. This investment comes from countries such as the United States, France, the United Kingdom, Brazil, China, and Puerto Rico. It is mainly concentrated in sectors such as technology services, trade, energy, manufacturing, and the creative economy.</p>
<p>This balance was presented during the Medellín 2025 Investment Roundtable, a meeting led by ACI Medellín and the <a href="https://www.camaramedellin.com.co/">Medellín Chamber of Commerce for Antioquia</a>, with the support of <a href="https://procolombia.co/en">ProColombia</a>, <a href="https://rutanmedellin.org/en/">Ruta N</a>, <a href="https://www.andi.com.co/Home/Pagina/22-innovacion-y-emprendimiento">ANDI del Futuro</a>, and the <a href="https://www.antioquia.gov.co/">Government of Antioquia</a>. In this space, 27 local and regional companies held one-on-one meetings with national and international investment funds in search of capital that allows them to grow, innovate, and consolidate their expansion. Beyond attracting new companies, this strategy strengthens the brownfield model by connecting companies already established in the territory with sources of financing to scale their operations and generate a sustainable impact.</p>
<div id="attachment_35403" style="width: 410px" class="wp-caption alignright"><img decoding="async" aria-describedby="caption-attachment-35403" class="wp-image-35403 " src="https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-583x350.jpg" alt="ACI Medellín." width="400" height="240" srcset="https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-583x350.jpg 583w, https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-417x250.jpg 417w, https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-768x461.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-750x450.jpg 750w, https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1-200x120.jpg 200w, https://www.financecolombia.com/wp-content/uploads/2025/07/whatsapp-image-2025-07-24-at-084543_574e1db4-1.jpg 800w" sizes="(max-width: 400px) 100vw, 400px" /><p id="caption-attachment-35403" class="wp-caption-text">The city has reported 18 new foreign direct investment projects and more than 8,000 jobs projected in 2025. Photo credit: ACI Medellín.</p></div>
<p>In the most recent Investment Roundtable organized by ACI Medellín and the Medellín Chamber of Commerce for Antioquia, 27 businessmen and 19 investors participated, generating 127 business appointments. As a result of this connection exercise.</p>
<p>“The results of this semester ratify that Medellín is a reliable partner for investment and cooperation. We managed more than USD 168 million and nearly 8,000 jobs, connecting international capital and development finance with high-impact public and private projects in our region. From ACI Medellín, we are carrying out a determined work of global positioning so that the city continues to be on the map of international investment. Cases such as those of <a href="https://www.accenture.com/us-en">Accenture</a>, <a href="https://recurly.com/">Recurly</a>, or <a href="https://www.hpiinc.com/">Health Prime</a>, and projects such as Primavera Norte, which received technical assistance from the C40 program, are proof that internationalization transforms territories, strengthens trust among all actors in society, and is reflected in a better quality of life for our people. Our commitment is clear: to work in an articulated way so that Medellín is increasingly competitive, generates sustainable social development, and multiplies opportunities for those who inhabit it,” said Cristina Zambrano, executive director of ICA Medellín.</p>
<p>Ruta N, a strategic ally of ACI Medellín, has been key in strengthening the city&#8217;s science, technology, and innovation ecosystem. In coordination with ProColombia and the ACI, it facilitated the establishment of 10 new companies in the STi sector from the United States, Ukraine, Argentina, Chile, and Colombia, consolidating Medellín as a competitive destination for technology-based companies.</p>
<div id="attachment_35405" style="width: 410px" class="wp-caption alignleft"><img decoding="async" aria-describedby="caption-attachment-35405" class=" wp-image-35405" src="https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-583x350.jpg" alt="Investment Roundtable." width="400" height="240" srcset="https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-583x350.jpg 583w, https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-417x250.jpg 417w, https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-768x461.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-750x450.jpg 750w, https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596-200x120.jpg 200w, https://www.financecolombia.com/wp-content/uploads/2025/07/0M3A0596.jpg 800w" sizes="(max-width: 400px) 100vw, 400px" /><p id="caption-attachment-35405" class="wp-caption-text">At the Investment Roundtable, more than 27 local and regional companies met with 19 national and international investors to raise capital to boost their growth. Photo credit: Loren Moss.</p></div>
<p>Through the Medellín Venture Capital program, Ruta N builds local and foreign investment capacities, mapping and attracting more than 200 regional funds interested in investing in the city, training more than 100 new venture capital investors, structuring new investment vehicles, and creating an active investment community with angel investors. Family offices, corporates, and funds. In addition, Ruta N, in alliance with <a href="https://www.bancoldex.com/">Bancoldex</a>, has invested $3.2 million USD in an investment fund in the city, which in total will make around $10 million USD available to 30 FinTech startups in the region.</p>
<p>Ruta N, in addition to supporting investment rounds with the ACI, also promotes the connection between investors and startups through Startia, the brain of the city&#8217;s entrepreneurship ecosystem, with more than 350 technology-based ventures mapped and more than 300 investors, where effective connections can be generated organically. From an international point of view, Ruta N has great allies such as the <a href="https://raeng.org.uk/">Royal Academy of Engineering</a> and the government of the United Kingdom, with which in 2025 it allocated £200,000 GBP to the training and scaling of entrepreneurs in the city.</p>
<p>ACI Medellín also highlighted key advances in international cooperation. In this first half of the year alone, Medellín managed $2.58 million USD in technical and financial cooperation, with projects that address issues such as financial education with a gender approach, circular economy, data for public management, and strategies to combat hunger. The city was also selected for international programs such as the City Data Alliance and Bloomberg Philanthropies&#8217; Mayors Challenge 2025.</p>
<p style="text-align: right;">Photo credit: ACI Medellín.</p>
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		<title>Medellín Hosting TechFem &#8211; Women Who Shine, This Week, May 29, 30</title>
		<link>https://www.financecolombia.com/medellin-hosting-techfem-women-who-shine-this-week-may-29-30/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Tue, 27 May 2025 15:15:46 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[innnovation]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[Science]]></category>
		<category><![CDATA[techfem]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=34357</guid>

					<description><![CDATA[TechFem supports women in technology and entrepreneurship, and admission is free with registration....]]></description>
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<p class="oBOnKe"><span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb">Medellín&#8217;s <a href="https://rutanmedellin.org/">Ruta N</a> innovation and entrepreneurship hub will be the epicenter of female leadership in science, technology, and innovation with <a href="https://share.hsforms.com/1oajx87SAS_ixRcJ9yrX9EA3a3g2">TechFem</a> this May 29th and 30th. This event highlights women who are transforming the world through science, technology, and innovation.</span></span></p>
<p class="oBOnKe"><span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb">TechFem will bring together scientists, technologists, entrepreneurs, and leaders in artificial intelligence, fintech, healthcare, energy, and other fields, who</span></span><span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb"> will be recognized for their real impact in the business sector and the community. They will share experiences, knowledge, and visions in an inspiring and collaborative space expected to attract 300 women from the city.</span></span></p>
<p class="oBOnKe"><span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb">This event will offer high-level conferences, strategic networking events, pitches or speeches from female entrepreneurs, and a showcase of innovative projects that are changing the industry.</span></span><span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb"> TechFem is a movement to highlight, strengthen, and celebrate the female leadership that drives Medellín&#8217;s innovation ecosystem.</span></span> <span class="jCAhz ChMk0b" style="font-size: 16px;"><span class="ryNqvb">Registration to attend is open at https://bit.ly/techfem2025 and admission is free.</span></span></p>
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		<title>Luis Barreto of TaskUs Talks About The Outsourcing Firm’s Rapid Success In Colombia</title>
		<link>https://www.financecolombia.com/luis-barreto-of-taskus-talks-about-the-outsourcing-firms-rapid-success-in-colombia/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Mon, 23 Sep 2024 22:03:04 +0000</pubDate>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Interview]]></category>
		<category><![CDATA[andes]]></category>
		<category><![CDATA[bilingual]]></category>
		<category><![CDATA[bpo]]></category>
		<category><![CDATA[cali]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[customer experience]]></category>
		<category><![CDATA[cx]]></category>
		<category><![CDATA[luis barreto]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[outsourcers]]></category>
		<category><![CDATA[outsourcing]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[talent]]></category>
		<category><![CDATA[taskus]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=30973</guid>

					<description><![CDATA["We know TaskUs is the biggest BPO in Cali, which we only were able to achieve because we took a chance, we saw potential and we decided to invest and we're now taking a lot of benefit from it."...]]></description>
										<content:encoded><![CDATA[<p>Last month, US-based outsourcing firm <a href="https://www.taskus.com/">TaskUs</a> celebrated the grand opening of its Medellín facility at the <a href="https://rutanmedellin.org/">Ruta-N</a> business incubator facility on the city’s north side. TaskUs opened its first Colombian facility in Cali during the pandemic, and the facility quickly filled to capacity.</p>
<p>With another 500 seats on tap in Medellín, the company is already looking to expand again, signalling the fast-moving outsourcer’s commitment to the Andean Nation.</p>
<p>Loren Moss, executive editor of Finance Colombia was able to sit down for a few minutes with Divisional Vice President Luis Barreto at the company’s Medellín grand opening celebration to speak about the early success TaskUs is experiencing in Colombia.</p>
<p><strong>Finance Colombia:</strong> <strong>Luis, thank you for your time today. Congratulations. You guys are having your <a href="https://www.financecolombia.com/taskus-opens-400-seat-contact-center-in-medellins-ruta-n/">official grand opening.</a> I know that you guys have ramped up operations here already. We&#8217;re in Medellin, at your facility here in Ruta N, these are lovely new facilities that you&#8217;ve had. Maybe if you can tell me a little bit about your footprint in Colombia, where you have operations already?</strong></p>
<p><strong>Luis Barreto:</strong> Yeah, absolutely. So first of all, thank you for the congratulations. It&#8217;s taken a while because we&#8217;ve been operating for a year now in Medellin. We&#8217;ve just gone, you know, we just hadn&#8217;t had issues with just getting the right people to be able to celebrate this special achievement. But we&#8217;re happy that a year in we&#8217;re able to do this because it&#8217;s double the celebration. Because we&#8217;re not just opening, but we&#8217;re celebrating success.</p>
<p>We’ve found tremendous success in Medellin. We&#8217;ve been able to ramp to fill the seats and we&#8217;ve been able to get some very successful clients who are very happy with the service. So Medellin has been great to us. In terms of the footprint, we currently have three locations in Colombia. We opened up our headquarters in Cali back in 2021 where we currently have about 1,200 teammates, that&#8217;s what we call our agents.</p>
<p>We just opened up our second site in Cali. This month was their first operating month and that site has 420 seats. It&#8217;s going to have about 600 teammates. Then Medellin, as I said, this site has 400 seats, and it’s going to have about 500. And because everything&#8217;s already been sold, meaning we already have committed the space to existing clients from here to the end of the year, we&#8217;re already branching out to looking at other options. So we are going to be opening up a fourth location which is going to be the second in Medellin, and then hopefully by Q1 of next year, we&#8217;re going to be able to announce our third city for our continued expansion.</p>
<p><strong>Finance Colombia:</strong> <strong>Oh, amazing. You know, <a href="https://www.financecolombia.com/taskus-says-respect-location-strategy-key-to-success-of-its-cali-colombia-contact-center/">I visited your facilities in Cali</a> a couple years ago. Actually, I think it was still during the pandemic, or when things were just starting to open up. Really impressive. You guys put a lot of thought and effort into making appealing workspaces.</strong></p>
<p><strong>I noticed that that seems to be a key part of TaskUs culture. Maybe if you can tell me, I know that it&#8217;s not always apropo to talk about individual clients, but if you can talk about the industries that you&#8217;re able to serve out of Medellin, or out of Colombia broadly?</strong></p>
<p><strong>Luis Barreto:</strong> Yeah, absolutely. And I think that&#8217;s the great thing about that diversity of professionals that we find in the country. You can service any industry, which is pretty much what we do. We currently have about 25 clients in Colombia, which was for four different industries. Most of them are tech innovation related. So fintech, as an example; we provide service for retail, some of the biggest retail brands, fashion brands in the world are serviced out of Colombia. We also have food delivery apps. So it&#8217;s really a blend, and we don&#8217;t have a specific target because, you know, through our recruiting process, we&#8217;re able to identify skilled skillsets and aptitudes within our candidates to be able to route them into what industry or what program they would do best.</p>
<p>So, because the servicing industry and the BPO industry is so diverse, you do need to be able to have that ability to be flexible in terms of the offering, because you can be in one industry, but that industry requires different skills. So you can use social media management, back office, chat, e-mail; or it could be all voice, customer service, billing, transaction.</p>
<p>So to say that we do one, or that we focus or that we have a strength on one, is difficult because we&#8217;re just a very diverse solution-oriented company and we’ve found quick success with being able to service everything out of Colombia. That&#8217;s why we keep growing.</p>
<p><strong>Finance Colombia: So you do more than just customer contact, you&#8217;re doing back-office services and other types. Well, tell me about some of those other types of services. Aside from voice and aside from chat, what are the other services that you provide to your corporate clients?</strong></p>
<p><strong>Luis Barreto:</strong> Yeah. So I think an interesting thing that&#8217;s in the industry and, you know, just the level of services that the industry is going to, we&#8217;re seeing a lot of growth in the content moderation space, trust and safety space, which is really just protecting the social media platforms from bad intentions. So I would say that that&#8217;s one specific area where we&#8217;re focusing our growth, and that you&#8217;re going to see big growth from us in terms of the percentage of the work that we do currently to migrate into that.</p>
<p>But on top of that, we do back office like you said, we do messaging, we do e-mail, chat work… 50-60% it&#8217;s still voice because that&#8217;s still the preferred communication channel for most of our clients. But everybody is slowly migrating to more digital channels.</p>
<p><strong>Finance Colombia:</strong> <strong>Right.</strong></p>
<p><strong>Luis Barreto:</strong> Which is a part of our strategy as well. You know, we&#8217;re a digital company. We take pride in being able to partner with some of the most innovative companies in the world. And as you know, we have a very entrepreneurial spirit, which means that we&#8217;re always going to be happy to work with a company, regardless of the size. If they have a desire to learn of the BPO and how to best service their clients, we&#8217;re going to partner, we&#8217;re going to put our technology forward, and our experience, to make sure that we build the best customer experience that they need for their companies.</p>
<p><strong>Finance Colombia: I&#8217;ve noticed that TaskUs is kind of already a large company, global, you know, you&#8217;re in all sectors around the globe. But it still has kind of a startup feel to it. It has kind of a startup attitude to it, you would say.</strong></p>
<p><strong>Luis Barreto:</strong> Yes. We do, yeah. Absolutely. And I think it&#8217;s: 1—Our founders and CEO and president are very young. So they&#8217;re very well up to date with innovation, and they still consider themselves a startup because of the fact that it&#8217;s still growing, it’s still growing, still attracting.  And, you know, the fact that we help a lot of startups begin their journey into the CX experience is also the reason why we keep our vision, our mission, and our brand, similar and close to that. So, you know, not to say that we don&#8217;t focus on any specific market, but we do gravitate towards companies that are starting up, innovation, tech, instead of the larger, more traditional services like banking or telco. The majority of our footprint is in startups and tech companies.</p>
<p><strong>Finance Colombia: You know, I remember talking to one of the huge traditional customer experience outsourcers one time, one of their top people told me that if it&#8217;s under 100 FTE (full-time equivalent seats), their salespeople don&#8217;t even get compensated on it. </strong></p>
<p><strong>Luis Barreto:</strong> Yeah [Laughs.]</p>
<p><strong>Finance Colombia: Because they only want to talk to the giant—they are a giant multinational, they only want to talk to other giant multinationals. But it&#8217;s interesting how I&#8217;ve seen companies who start with startups, and some startups are going to fail and that&#8217;s just kind of how it is. But some…I know a company that started with <a href="https://www.lyft.com/">Lyft</a>, and they had five seats and now that&#8217;s a major client for them, for example. And so I&#8217;ve seen where…you know, it’s great to hear that you guys give an opportunity to companies that are scrappy startups and things like that and work. And by the way, I have no idea if you guys have Lyft, that was a company that&#8217;s not here in Colombia that I was mentioning. I know that they use multiple outsourcing partners, and so if they use you guys, you know, that was by coincidence, by the way.</strong></p>
<p><strong>Luis Barreto:</strong> That’s fine.</p>
<p><strong>Finance Colombia: But that&#8217;s an interesting thing, because you see a lot of times these become high-growth companies and also high-potential companies. And that&#8217;s kind of part of that entrepreneurial spirit.</strong></p>
<p><strong>And I think Colombia, especially Medellin, has some of that, Ruta N is a business incubator.</strong></p>
<p><strong>Luis Barreto:</strong> It is, yeah.</p>
<p><strong>Finance Colombia: They welcome established businesses like you guys. But if we go over across the way into the other tower, you&#8217;re going to have startups with a single person and they&#8217;ve got something for those people, and they&#8217;ve got startups that have gotten their first parts of funding and things like that. And the city&#8217;s behind them. And then you also see here, the private sector is kind of behind the city. There&#8217;s quite a partnership. </strong></p>
<p><strong>And as you and I both…neither one of us are from Colombia. Tell me about your impression of what you&#8217;ve seen in Colombia broadly, as far as the business climate. And then specifically, I don&#8217;t want to get you in trouble knowing that you&#8217;re, you know, team Cali. So I know you can&#8217;t, you know, be too nice, but if you could maybe give your impression of the business climate in Colombia and then let&#8217;s say Medellin and Cali.</strong></p>
<p><strong>Luis Barreto:</strong> Yeah, absolutely. So first I want to tackle the startup common, which I think it&#8217;s… yes, the bigger players tend to have a standard of business size to which they agree to do business with. Part of what we do and we differentiate, because, you know, as I mentioned before, we are considered startup and we love being able to work with startups to build their CX journey. So it&#8217;s not that they come with five seats, maybe they have zero seats and they want to build everything from scratch with us. We will take it.</p>
<blockquote><p>&#8220;And what I&#8217;ve seen is that the Colombian talent, the infrastructure, the political stability, the need for these kinds of opportunities has been tremendous.&#8221; &#8211; Luis Barreto</p></blockquote>
<p><strong>Finance Colombia: Wow.</strong></p>
<p><strong>Luis Barreto:</strong> We will partner and we will invest in a long-term relationship because that&#8217;s really how you gain long-term relationships, and that&#8217;s really how our founders built this business, working with startups like that.</p>
<p>The second is, yes, I&#8217;m a foreigner. And I do say that I&#8217;m a proud Colombian resident now because I love the country. It&#8217;s been tremendously good for me and my family because, you know, the industry, I&#8217;ve seen the industry grow so much. And what I&#8217;ve seen is that the Colombian talent, the infrastructure, the political stability, the need for these kinds of opportunities has been tremendous. When I first landed in Colombia, it was probably only 10 years (into) outsourcing. And when I mean outsourcing, to the US, because now this is their primary market. Now, it&#8217;s insane the amount of growth. And to me, Colombia has been an exceptional success story that is very rarely seen. I mean, at least in LATAM, you don&#8217;t see any other story like this. You might see stories, you know, in the Philippines and India, but not like this in LATAM. And I think again, it&#8217;s because Colombians are by nature, you know, very towards service, like it&#8217;s in their nature, it&#8217;s in their blood.</p>
<p><strong>Finance Colombia: Yes. <em>“¡Para servirle!”</em> </strong><strong>That&#8217;s the saying here.</strong></p>
<p><strong>Luis Barreto:</strong> <em>“Para servirle,”</em> yes. <em>“Bien pueda.”</em> It&#8217;s like, it&#8217;s very natural. So obviously the Tier 1 and just the soft skills that you need to be able to do this business are there from the get go. Everything else, the skillsets and everything, it comes. In other regions, it’s more difficult, right? You have to spend a little bit more time and effort to engrave some, you know, basic skills of communication and engagement, here is very flawless. And then from a city perspective, I think, you know, obviously I don&#8217;t have a preference. I think…I live in Cali, my wife and I prefer the city, but every city has its charm and every city has its business purpose. Cali is less mature in the market in regards to BPO. It&#8217;s actually relatively unknown for other companies right now.</p>
<p><strong>Finance Colombia: Right.</strong></p>
<p><strong>Luis Barreto:</strong> We know TaskUs is the biggest BPO in Cali, which we only were able to achieve because we took a chance, we saw potential and we decided to invest and we&#8217;re now taking a lot of benefit from it. Because competitors try to come, they can&#8217;t match your offers, they can&#8217;t match your benefits. So it&#8217;s been great because it&#8217;s where we positioned this.</p>
<p>And you know, Cali right now is the headquarters for everything Colombia, and not just Colombia, but regionally, including Mexico, because my responsibility extends to Mexico. And because of the talent and I would say the need for better career opportunities has driven great talent towards our industry in Cali.</p>
<p>Now Medellin obviously, it&#8217;s a great success story as well on its own because this one is…I call it a more specialized, more complex work, more, you know, specific targeted clients. So when you talk about innovation, when you talk about these tech higher-paying lines of business, this is a better option. So obviously, we service everything out of all of our sites, but there is some kind of strategy towards what city fits best for the client, and that&#8217;s something that we want to build and continue to sustain as part of our strategy growth in Colombia.</p>
<p><strong>Finance Colombia: Got it. You&#8217;ve been very generous with your time. And you&#8217;re right, Medellin kind of sees itself, it kind of wants to be the Silicon Valley of Latin America. And I think it to a large degree deserves that. There&#8217;s competition with places like Costa Rica, places like Uruguay, but really there&#8217;s an established tech scene here. I&#8217;m always reading about companies or writing about companies that have gotten funded, that have gone on to greater things when it comes to tech and innovation. My last question for you is, I would imagine that a large percentage of your business requires bilingual skills, in terms of the agents. I would imagine that, I mean there&#8217;s always some agents that can do everything in Spanish, but I would imagine that TaskUs being a US-based company, a lot of the skills need to be bilingual. How easy or difficult has it been to hire bilingual talent here in Colombia?</strong></p>
<p><strong>Luis Barreto:</strong> Yeah. Great question. Obviously, the BPO industry has grown in Colombia mostly because of nearshoring support, we&#8217;re supporting mostly companies in the US, which means that it&#8217;s got to have an English component. Right now 90% of the work that we do in Colombia is English. We have about 8% Spanish and then 2% Portuguese, French. So we do still have a little bit of a blend now. In terms of the quality and the quantity of the English, it&#8217;s been great. I mean, I think the country has recognized the need for English, that English skills is something that needs to be built-in from a younger age. And we&#8217;ve seen a lot of the programs that I started hearing about back in 2016, 2017 when I first came, starting to materialize and starting to really give, you know, candidates to our funnel, which is fantastic. So it is a challenge because obviously the industry is now huge. There&#8217;s… Over 700,000 Colombians work in the sector, probably 200 – 300,000 work in US work. So the talent pool is reducing. But what&#8217;s great is that every single city that I&#8217;ve seen, or that we work with and that we partner with, has a clear path towards strategy to help, you know, put candidates and build candidates so that they can benefit from the opportunities of growth, opportunities of a job. So we feel confident that we are going to be able to continue to grow, not by butchering: Meaning, not by going and stealing talent, but by benefiting from the different growth pools that every region is building now. You know, there&#8217;s a reason why we&#8217;re not involved with that. We feel Bogota is a little bit more complex, a little bit more saturated. It&#8217;s a different quality of life. So we prefer the Tier 2, Tier 3 cities, where we’ve found more success or more appealing offers, and attracts the talent that we need.</p>
<p><strong>Finance Colombia:</strong> <strong>It makes sense. I mean, if you were going to open up a contact center in the US, you probably wouldn&#8217;t go to Manhattan or Los Angeles, but you would look at other places maybe, you know, upstate New York or somewhere in Eastern California, of course, obviously the Heartland and different places like that. So that strategy makes sense. You&#8217;ve been wonderful with your time. I know that there&#8217;s a party going on downstairs and I don&#8217;t want to keep you from it and I don&#8217;t want to keep myself from it either. So, you guys, the hospitality is amazing. So thank you so much for your time. Really appreciate it.</strong></p>
<p><strong>Luis Barreto:</strong> It’s been a pleasure, thank you very much for having me.</p>
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		<title>TaskUs Opens 400-Seat Contact Center In Medellín&#8217;s Ruta-N</title>
		<link>https://www.financecolombia.com/taskus-opens-400-seat-contact-center-in-medellins-ruta-n/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Wed, 07 Aug 2024 22:56:14 +0000</pubDate>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[@taskuscolombia]]></category>
		<category><![CDATA[bilingual support]]></category>
		<category><![CDATA[bpo]]></category>
		<category><![CDATA[cali]]></category>
		<category><![CDATA[carmen caballero]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[contact center]]></category>
		<category><![CDATA[cx]]></category>
		<category><![CDATA[luis barreto]]></category>
		<category><![CDATA[María Fernanda Galeano]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[MinCIT]]></category>
		<category><![CDATA[nasdaq:task]]></category>
		<category><![CDATA[Pablo Gonzalez]]></category>
		<category><![CDATA[procolombia]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[taskus]]></category>
		<category><![CDATA[the gallery]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=30737</guid>

					<description><![CDATA[The new Medellín facility is in addition to two TaskUs facilities in Cali, Colombia....]]></description>
										<content:encoded><![CDATA[<p>US Multinational outsourcing firm <a href="https://www.taskus.com/">TaskUs (NASDAQ: TASK),</a> marked a year of operations in Medellín, Colombia last week with the official launch of The Gallery, a new facility that supports TaskUs&#8217;s expansion plan in Colombia.</p>
<p>TaskUs, which focuses on digital services, CX solutions, artificial intelligence, and content security, has opened its third operations center in Colombia and the first in Medellín, located in the <a href="https://rutanmedellin.org/">Ruta-N business incubation complex.</a> The new Medellín facility is in addition to two TaskUs facilities in Cali, Colombia.</p>
<blockquote><p>The new Medellín facility is in addition to two TaskUs facilities in Cali, Colombia.</p></blockquote>
<p>Operational for a year, The Gallery has already generated over 400 direct jobs and provides bilingual support to clients mainly in the United States. “We are pleased to be in Medellín. At TaskUs, we invest in the learning and development of our people, equipping leaders and potential leaders with necessary skills and providing online learning resources available anytime,” said Pablo González, Vice President of Operations for TaskUs Colombia.</p>
<p><a href="https://procolombia.co/">Carmen Caballero</a>, president of ProColombia, stated, “The expansion of TaskUs in Colombia reflects global investors&#8217; confidence in the country. TaskUs bets on our talent and contributes to its growth and development. ProColombia and the <a href="https://www.mincit.gov.co/inicio">Ministry of Commerce, Industry, and Tourism</a> will continue to support TaskUs in their future plans and expansion in our territory.”</p>
<p>María Fernanda Galeano, Secretary of Economic Development of Medellín, added, “The arrival of TaskUs in Medellín is significant for our district, not only in terms of employment and economic development but also as a key boost to strengthen our business ecosystem. The opening of The Gallery in Ruta N marks the start of a strategic collaboration benefiting both the local community and the company, reaffirming Medellín as an attractive destination for international investments.&#8221;</p>
<p>The Gallery features collaborative and modern workspaces, including recreational areas in a highly innovative environment, a concept TaskUs is known for globally, according to González. TaskUs, which began Colombian operations in Cali in 2021, now has two sites in that city, generating over 2,000 qualified jobs in Colombia, serving clients in sectors such as health, retail, e-commerce, tourism, travel, and technology.</p>
<p>“TaskUs is expanding its operations with the opening of a second office in Medellín, offering 700 new job opportunities,” stated Luis Barreto, Vice President of TaskUs for LATAM. TaskUs is actively hiring bilingual professionals for its Medellín office. Interested candidates can apply and find detailed position information on TaskUs’s social media @taskuscolombia.</p>
<p>&nbsp;</p>
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		<title>Medellín to Host the International Ibero-American Startup Conference from October 21-22</title>
		<link>https://www.financecolombia.com/medellin-to-host-the-international-ibero-american-startup-conference-from-october-21-22/</link>
		
		<dc:creator><![CDATA[Jared Wade]]></dc:creator>
		<pubDate>Thu, 20 Jun 2024 23:04:54 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[PressRelease - Edited & Rewritten From Contributed Information Submitted to Finance Colombia]]></category>
		<category><![CDATA[Alastria]]></category>
		<category><![CDATA[antioquia]]></category>
		<category><![CDATA[BeToken Capital]]></category>
		<category><![CDATA[Club Impact Angels]]></category>
		<category><![CDATA[D'Ella Capital]]></category>
		<category><![CDATA[Eoniq Fund]]></category>
		<category><![CDATA[Fimed]]></category>
		<category><![CDATA[Finnova]]></category>
		<category><![CDATA[Innvertur]]></category>
		<category><![CDATA[International Association of Startups]]></category>
		<category><![CDATA[International Ibero-American Startup Conference]]></category>
		<category><![CDATA[Jaguars Startups]]></category>
		<category><![CDATA[MAD FinTech]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[Nero Ventures]]></category>
		<category><![CDATA[Pista 8]]></category>
		<category><![CDATA[Pontificia Bolivariana University]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[Salazar Institution & Herrera University]]></category>
		<category><![CDATA[Startups Investor Accelerator]]></category>
		<category><![CDATA[Talent Hub]]></category>
		<category><![CDATA[Urucap]]></category>
		<category><![CDATA[Vesna Ventures]]></category>
		<category><![CDATA[vox capital]]></category>
		<category><![CDATA[Wa4steam]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=30512</guid>

					<description><![CDATA["This is a great opportunity to highlight the city as an ecosystem of entrepreneurship and innovation."...]]></description>
										<content:encoded><![CDATA[<p>The <a href="https://www.congresointernacionalstartupsmedellin.com/" target="_blank" rel="noopener">International Ibero-American Startup Conference</a> will come Medellín from October 21-22, bringing together a wide range of early-stage companies and entrepreneurs from across the world.</p>
<p>Over two days at the event, which will be open to the public and held at Pontificia Bolivariana University, companies will gather to foster greater cooperation and discuss growth opportunities and funding strategies surrounding the startup ecosystem.</p>
<p>Dozens of speakers will share their stories, provide advice, and facilitate forums for a wider conversation among entrepreneurs in a range of different industries.</p>
<p>Participants will include Startups Investor Accelerator, Vox Capital, Eoniq Fund, Innvertur, Wa4steam, Club Impact Angels, Urucap, Alastria, Finnova, Fimed, Pista 8, Vesna Ventures, Nero Ventures, D&#8217;Ella Capital, BeToken Capital, and MAD FinTech.</p>
<p>&#8220;This is a great opportunity to highlight the city as an ecosystem of entrepreneurship and innovation, which helps us to promote the companies already present and encourage the arrival of new ones,&#8221; said María Fernanda Galeano Rojo, secretary of economic development for Medellín.</p>
<p>The conference is organized by the International Association of Startups in collaboration with Red Business Market, Talent Hub, Jaguars Startups, Ruta N, Salazar Institution &amp; Herrera University and Pontificia Bolivariana University.</p>
<p>The Medellín mayor&#8217;s office and the Ministry of Economic Development, among others, are providing additional support.</p>
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		<title>Colombia Business News Recap: Jimmy Carter&#8217;s Secret Dossier, &#8220;Narco For A Day&#8221; Parties, WOM Broke, Ruta-N is Back</title>
		<link>https://www.financecolombia.com/colombia-business-news-recap-jimmy-carters-secret-dossier-narco-for-a-day-parties-wom-broke-ruta-n-is-back/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Mon, 22 Apr 2024 00:44:50 +0000</pubDate>
				<category><![CDATA[OpEd, Expert, or Guest Contribution]]></category>
		<category><![CDATA[1037639660]]></category>
		<category><![CDATA[9705528]]></category>
		<category><![CDATA[Abraham varón Valencia]]></category>
		<category><![CDATA[alfonso lopez Michelson]]></category>
		<category><![CDATA[bankruptcy]]></category>
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		<category><![CDATA[Carolina Londoño]]></category>
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		<category><![CDATA[Jeffersson Arango Castellanos]]></category>
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		<category><![CDATA[Julio César Turbay]]></category>
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		<category><![CDATA[medellin]]></category>
		<category><![CDATA[metrioz]]></category>
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		<category><![CDATA[narcotrafficking]]></category>
		<category><![CDATA[national security archives]]></category>
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		<category><![CDATA[oscar Montoya]]></category>
		<category><![CDATA[Pedro josé silva Ochoa]]></category>
		<category><![CDATA[plaza mayor]]></category>
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		<category><![CDATA[Startup Innovation Journey]]></category>
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		<category><![CDATA[tata]]></category>
		<category><![CDATA[wom]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=30073</guid>

					<description><![CDATA[Canadian Arrested For Throwing “Narco For A Day” Parties, Jimmy Carter’s Colombia Exposé, WOM Bankrupt, Ruta-N &#038; SAP Launch Initiative...]]></description>
										<content:encoded><![CDATA[<p>In this week’s Colombia Business News Recap:</p>
<blockquote><p>Click above to watch the video</p></blockquote>
<ul>
<li><a href="https://www.financecolombia.com/canadian-sacha-lemaire-lepage-facing-narcotics-firearms-wildlife-abuse-charges-in-colombia/">Canadian Sacha Lemaire Lepage facing Narcotics, Firearms &amp; Wildlife Abuse Charges In Colombia</a></li>
<li><a href="https://nsarchive.gwu.edu/briefing-book/colombia/2024-04-15/jimmy-carters-colombia-blacklist-revealed">Jimmy Carter’s Colombia Blacklist Revealed</a></li>
<li>Colombian Kidnapper Hiding In Chile <a href="https://www.justice.gov/opa/pr/foreign-national-extradited-chile-united-states-kidnapping-and-assaulting-us-army-soldiers">Captured</a> &amp; Sent to US</li>
<li>WOM is bankrupt</li>
<li><a href="https://www.financecolombia.com/ruta-n-and-sap-announce-alliance-to-support-entrepreneurship-and-investment-in-medellin/">Ruta-N and SAP Announce Alliance To Support Entrepreneurship and Investment in Medellín</a></li>
<li>The <a href="https://www.feria2ruedas.com/en/visitantes">Feria 2 Ruedas motorcycle convention</a>returns to Medellín May 2-5, bringing commerce, fun &amp; learning opportunities.</li>
</ul>
<p>&nbsp;</p>
<h4><strong>Subscribe free at <a href="https://fcsubscribe.com/">https://fcsubscribe.com</a></strong></h4>
<h4><strong>Need to hire bilingual talent? Try EmpleoBilingüe! <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqbWVlMjduX0hQb1k0ZzFYcUVLSWd6RjlpQjVvUXxBQ3Jtc0treVNtYmVrTm1leXJOYVkwWWVaRHp2VjRYSE1oeVNHUW9iSkxwZmdubTc3WmN6d0YxMGwzYm5oc08tNktxZVNYYmJMdUl3ZE1vV0VjMGZTcUg3V0FiblJZc29qOEdBM1Z6RFJqc0xSbGVHb2d4MklERQ&amp;q=https%3A%2F%2Fempleobilingue.com%2F&amp;v=Re6sXHAB8v4">https://empleobilingue.com/</a></strong></h4>
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		<item>
		<title>Ruta-N and SAP Announce Alliance To Support Entrepreneurship and Investment in Medellín</title>
		<link>https://www.financecolombia.com/ruta-n-and-sap-announce-alliance-to-support-entrepreneurship-and-investment-in-medellin/</link>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Sun, 21 Apr 2024 21:37:29 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Carolina Londoño]]></category>
		<category><![CDATA[crm]]></category>
		<category><![CDATA[cx]]></category>
		<category><![CDATA[erp]]></category>
		<category><![CDATA[hr]]></category>
		<category><![CDATA[human resources]]></category>
		<category><![CDATA[Marcela Perilla]]></category>
		<category><![CDATA[medellin]]></category>
		<category><![CDATA[RRHH]]></category>
		<category><![CDATA[ruta n]]></category>
		<category><![CDATA[sap]]></category>
		<category><![CDATA[Startup Innovation Journey]]></category>
		<category><![CDATA[supply chain]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=30053</guid>

					<description><![CDATA[Called Startup Innovation Journey, the initiative hopes to support the growth and expansion of startups through access to technology and market opportunities offered by SAP....]]></description>
										<content:encoded><![CDATA[<p>Thursday morning, <a href="https://www.sap.com/index.html">SAP</a>’s President for the Northern Region of Latin America and The Caribbean, Marcela Perilla was present at <a href="https://www.rutanmedellin.org/">Ruta-N</a>, Medellín’s municipally owned business incubator to announce a new initiative designed to support small businesses affiliated with Ruta-N along with companies in the area with solutions that may synergize with SAP software.</p>
<p>“This alliance reflects our shared commitment to promote economic and social development through technology,” said Perilla, accompanied by Ruta-N’s executive director Carolina Londoño.</p>
<div id="attachment_30054" style="width: 477px" class="wp-caption alignright"><a href="https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-scaled.jpg"><img decoding="async" aria-describedby="caption-attachment-30054" class="wp-image-30054 size-medium" src="https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-467x350.jpg" alt="SAP’s President for the Northern Region of Latin America and The Caribbean, Marcela Perilla (Photo: Loren Moss)" width="467" height="350" srcset="https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-467x350.jpg 467w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-640x480.jpg 640w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-1280x960.jpg 1280w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-333x250.jpg 333w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-768x576.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-1536x1152.jpg 1536w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-2048x1536.jpg 2048w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-600x450.jpg 600w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-200x150.jpg 200w, https://www.financecolombia.com/wp-content/uploads/2024/04/IMG_8123-scaled.jpg 1600w" sizes="(max-width: 467px) 100vw, 467px" /></a><p id="caption-attachment-30054" class="wp-caption-text">SAP’s President for the Northern Region of Latin America and The Caribbean, Marcela Perilla (Photo: Loren Moss)</p></div>
<p>“This strategic alliance represents a unique opportunity for the more than 460 companies in Medellín and the digital talent that today makes up our ecosystem, providing them access to world-class resources and knowledge,” said Londoño.</p>
<p>Companies that have participated in Ruta-N’s development and entrepreneurship programs will have the opportunity to receive mentoring in innovation through a program called Startup Innovation Journey, which is designed to support the growth and expansion of startups through access to technology and market opportunities offered by SAP.</p>
<p>SAP is Europe’s largest enterprise software provider and produces enterprise resource planning (ERP) software along with other business software solutions for global companies, including human resources, supply chain, and customer experience solutions.</p>
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