ISA allies with Endeavor Colombia to strenghten innovation and entrepreneurship for its 2030 Strategy

ISA allies with Endeavor Colombia to strenghten innovation and entrepreneurship for its 2030 Strategy

Through this agreement, ISA will be part of Endeavor’s global network. Endeavor is a leader in the development of the entrepreneurship ecosystem worldwide, which fosters sustainable economic development.
Likewise, ISA will be part of Endeavor’s Regional Governing Board to contribute to strenghtening the entrepreneurship ecosystem as the motor of economic and social development in the country.

The agreement signed with Endeavor gives the Company a new ally to leverage its ISA2030 Strategy by strenghtening the group’s innovation and entrepreneurship ecosystem in the countries where it operates. Likewise, this alliance also seeks to boost Endeavor’s work to support the fostering of high-impact entrepreneurs in the region.

“For ISA, this agreement with Endeavor, which is the biggest organization to foster innovation and entrepreneurship worldwide, is especially important. This alliance really makes sense as it suits three of the pillars of our ISA2030 Strategy: “Innovación”, (Innovation), our lever to find new ways to do things; “Desarrollo” , (development), of new Entrepreneurship proposals, business models and geographies; and “Articulación”, (Articulation), of new collaboration mechanisms and alliances to strengthen our capabilities.”, Bernardo Vargas Gibsone, ISA’s CEO, said.

This is not the first ISA’s alliance for the development of innovation. Since 2018, it is Ruta N’s strategic ally to boost science, technology, and innovation through the design of projects for the development of business with energy, roads, and communications companies. Also, since 2016, it is one of the sponsors of Novus-Colombia, a program created by Universidad Nacional where interdisciplinary teams search for innovative solutions to challenges faced by ISA in its operations and environment.

In addition, to honor its commitment to the development on the innovation ecosystem in Medellin, ISA will be part of Endeavor’s Regional Governing Board, currently formed by Auteco, Grupo Sura, Grupo Argos, Premex, and Ruta N.

To date, eight entrepreneurships of Medellin have been selected as Endeavor Companies, which together have generated USD 38.3 million in revenues, and have created 1.038 jobs. These companies grow at average rates of 44% and 13% of them have invested in other entrepreneurships.

“Endeavor has worked in the country for 13 years, together with entrepreneurs, to generate an economic and social impact. Thanks to the support of all the companies that believe in and support entrepreneurship, we have become leaders of high-impact entrepreneurship, which has made us catalysts for change and development for the country”, Adriana Suárez, managing director of Endeavor Colombia, said.

About Endeavor Endeavor

Is a global network created 20 years ago that seeks to inspire, support and connect successful entrepreneurs for them to become high-impact business owners, seeking to generate sustainable economic development in the 34 markets where it operates. Endeavor selects the best entrepreneurs and works with them offering tailor-made services, with a proven methodology. Services offered by Endeavor include: high-level national and international connections, access to entrepreneurship events and investment forums, and the development of strategic advisory aimed at breaking down growth barriers in companies. Currently, Endeavor supports 1.178 High-Impact Entrepreneurships, led by 1.880 Entrepreneurs.

Endeavor Colombia was founded in 2006 and currently has 87 entrepreneurs selected to lead 48 companies, which generate more than 13.000 direct jobs in the country, grow at rates above 30% per year, and generate revenues close to USD 600 million.

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