Open call to strengthen the country’s business fabric – Financial Sector – Economy

Open call to strengthen the country’s business fabric – Financial Sector – Economy

Banco de Bogotá, Deloitte and the Pontificia Universidad Javeriana launched the third edition of the program Best Colombian Companies (MEC) which seeks to support medium-sized companies so that they reach their maximum potential, through strategic support from qualified experts, who will allow them to identify business opportunities.

(Also read: Bancos de Occidente and Bogotá, from Grupo Aval, joins the drop in interest rates)

Companies interested in participating in this call must meet the following eligibility criteria:

1. Being a private Colombian company.
2. Have sales and/or annual income between 16,000 million and 320,000 million pesos.
3. Minimum operation of 5 years and at least 2 years of profits.
4. Submit audited financial statements for the last 3 years.
5. Willingness to share information about your strategy and results.
6. Conviction of wanting to be part of the Best Colombian Companies.

according to directives of Bank of Bogota, Registration will be open through MEC 2023 website until April 28 of this year.

This year’s edition seeks to recognize good practices and business excellence, in the environment such as income, finance, asset management, and sustainability, among others, of the participating companies.

“This program represents an incentive for a job well done, the great showcase that is MEC2023 serves to make visible the excellence of medium-sized companies that build the country and take care of the environment,” said Rafael Arango, Vice President of Business Banking at Banco de Bogotá.

In the 2022 version of MEC, more than 130 companies registered, of which 12 were recognized. In addition, feedback reports prepared by a multidisciplinary team resident at Deloitte were generated, which were delivered to the participating companies, which include a benchmark, recommendations and improvement opportunities for their businesses.

Juan Carlos Olave, Lead Partner of Clients and Industries for the Andean Region at Deloitte, maintains that among the benefits for companies is strengthening their brand positioning, accessing sources of knowledge and intellectual capital, and being made visible by different means thanks to the great showcase that the program has become, strengthening strategic relationships with participating companies .

According to the organizers, all companies that complete the process, even those that are not recognized, will receive a free feedback report prepared by Deloitte multidisciplinary experts so that entrepreneurs can identify their main strengths in various areas, as well as They will receive a list of recommendations to address areas of opportunity and improve their performance.

“We continue sharing and building knowledge to weave an increasingly solid business network in determined collaboration between the academy, our allies and the Colombian productive sector,” he pointed out. Carlos Valencia, director of the Javeriano Competitiveness Center of the Pontifical Javeriana University.

* Banco de Bogotá is part of the business group that controls the company Casa Editorial EL TIEMPO

By Mitchell G. Patton

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