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Finance Colombia’s executive editor Loren Moss was able to speak with PayPal’s CTO Sri Shivananda about the company’s strategy in The Americas, but also drilling down into the company’s plans to bring the unbanked into the world of e-commerce.

Year over year, entrepreneurship in Colombia is become a major driver for economic growth and job creation, establishing the country as a leader in entrepreneurial development in the region. This has led to the creation of platforms and enterprises that boost growth initiatives,...

The Medellín Wordpress user group, which claims over 800 members, held its celebration at Barna Restaurant in Poblado.

Applications are being accepted through June 11 from organizations that have launched a project, product, or service with “proven social impact.”

“Medellín has stood out as a pacesetter, not only in Colombia but in Latin America," said Natalia Martínez-Kalínina of the Cambridge Innovation Center.

SENA expects Fondo Emprender to fund around 420 entrepreneurial ideas that will create more than 2,000 new jobs.

With startup financing often scarce, the goal is to offer "credit that better fits the particular focus of these companies," said Bancóldex President Luis Fernando.

Kaptar is an innovative project in Medellín that is "trying to take advantage of that economic potential" of waste material.

Colombia's most successful startup accelerator has set ambitious goals for growth as it strives to transform Medellín into a knowledge economy.