Antioquia, Colombia
Presented ByNotion
Votes
31
Startups
2

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Antioquia, Colombia - Startup Scene

Antioquia colombia is a region known for its entrepreneurial spirit and thriving startup scene the area has a rich history of entrepreneurs dating back to the 19th century when coffee production was booming today antioquia is home to a diverse population of over 6 million people with a geography that ranges from the andes mountains to the magdalena river valley the technological innovations of the area have been impressive with companies like rappi a delivery app and platzi an online education platform being founded in antioquia additionally companies like bancolombia the largest bank in colombia and grupo nutresa a food and beverage conglomerate are headquartered in the region antioquia is also known for key historical events such as the medellin cartel in the 1980s and 1990s which brought both wealth and violence to the area however the region has since rebounded and is now a hub for innovation and entrepreneurship local universities such as universidad eafit and universidad de antioquia have played a significant role in the startup scene by providing education and resources to aspiring entrepreneurs the living wage in antioquia is around 300 usd per month with an unemployment rate of 105 despite these challenges the city level gdp of antioquia is impressive with a growth rate of 35 in 2019 the rate of new companies starting and ending is also high indicating a dynamic and competitive business environment overall the startup scene in antioquia is thriving due to a combination of factors including a supportive ecosystem a diverse population and a history of entrepreneurship while challenges remain the region is poised for continued growth and innovation in the years to come

PrizesHuge thanks toNotion for sponsoring this Award!

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