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What Drives Business Growth in Colombia? Six Key Factors

Initial capital has long been understood as a driver of business growth, but in Colombia, how much capital is needed to grow?

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New Data Shows What Drives Business Growth in Colombia

Only about a quarter of Colombian companies created in 2017 were still operating in 2022, of which only 6% (4,600) grew. What are the drivers behind businesses that not only survive but thrive? Our new report with Confecámaras starts digging into the data, focusing on growth factors, job creation, and gender gaps.