Plug and Play, an innovation ecosystem located in Silicon Valley that connects startups and corporations in specific industries, recently announced it has formed a partnership with Colombia-based financial services company Bancolombia. Gabriel Di Lelle, Innovation and Digital Transformation Vice President of Bancolombia, stated that joining Plug and Play is considered an opportunity to continue supporting entrepreneurs, developing partnerships, and seeking innovative solutions that facilitate Bancolombia’s customers.
“Today we open the doors to be on the radar of entrepreneurs, incubators, accelerators and capital funds that look to emerging markets, because they see in Latin America and Colombia a real opportunity for growth for their business models. Plug and Play is one of the most recognized accelerators in Silicon Valley, and since 2006, it has driven thousands of companies to accelerate their growth with a total investment of close to 6 billion dollars.”
Scott Robinson, VP and Founder of Plug and Play, also commented:
“We are proud to announce Bancolombia as a partner and as one of our key members for our global entrepreneurship network. This provides our startups the opportunity to expand their presence in Colombia and Latin America.”
Meanwhile, Plug and Play added its fintech program will run two batches in 2018 with each batch consisting of approximately 25 startups.