Fostering Innovation and Entrepreneurship: Hub APTA and BancoEstado Forge a Strategic Alliance

March 14, 2024


In a bold move that’s set to revolutionize the innovation landscape, Hub APTA and BancoEstado, a prominent financial powerhouse, have joined forces to establish a strategic alliance. This groundbreaking partnership aims to nurture the national ecosystem by empowering startups, fostering connections within the ecosystem, and engaging large corporations in the pursuit of transformative innovation.

Igniting the Innovation Engine: A Shared Vision

Hub APTA and BancoEstado share a common goal: to catalyze innovation, entrepreneurship, and technology transfer. This alliance serves as a testament to their unwavering commitment to fostering a vibrant and thriving entrepreneurial ecosystem, one where startups can flourish, businesses can thrive, and the entire economy can reap the rewards of innovation.

Key Objectives: A Multifaceted Approach

This strategic alliance is not merely a symbolic gesture; it’s a concrete plan of action with well-defined objectives:

  1. Strengthening Hub APTA Programs: BancoEstado will actively support Hub APTA’s programs, providing startups with access to established companies, bespoke support initiatives, and a comprehensive suite of resources to accelerate their growth.
  2. Value Proposition for Large Enterprises: The alliance seeks to create tailored value propositions for large companies, facilitating collaboration between startups and established businesses. This collaborative approach aims to drive innovation and growth within the corporate sector, fostering a mutually beneficial relationship between startups and established players.
  3. Enhancing Startup Financing: BancoEstado’s participation in the alliance will provide startups with access to new financing instruments, strengthening their financial capabilities and enabling them to pursue their entrepreneurial dreams with greater confidence.

Statements from Key Stakeholders: A Resounding Endorsement

“This alliance represents a significant boost for startups, enabling them to access vital financial support and a network of resources. Our collaboration will create an innovative ecosystem that encourages creativity, collaborative problem-solving, and partnerships between companies, entrepreneurs, and public organizations.”

– Pablo Uribe Tapia, New Business Development Manager, BancoEstado

“This partnership is a major step towards democratizing access to financial support for startups in our portfolio. By joining forces with BancoEstado, we aim to provide the necessary resources for entrepreneurs to develop and materialize their business ideas, targeting both national and international markets.”

– Varinka Farren, Executive Director, Hub APTA

Focus on Fintech and Technological Solutions: Driving Innovation

BancoEstado’s legacy of supporting open innovation and engaging in challenges with startups will continue to flourish under this alliance. Startups will have ample opportunities to participate in challenges and calls for innovative solutions, particularly in the fintech sector, where BancoEstado’s expertise in evaluating technology companies will be instrumental in assessing technological assets and facilitating access to banking services and financing.

Collaboration with Business Development Centers: Expanding the Ecosystem

The alliance will actively explore collaborations with business development centers, institutions, and technical-professional training centers (IP/CFTs) to offer joint proposals focusing on entrepreneurship and innovation. This collaborative approach will broaden the reach of the alliance, ensuring that entrepreneurs from diverse backgrounds and regions have access to the resources they need to succeed.

BancoEstado’s Participation in APTA Builder Call: Empowering Entrepreneurs

BancoEstado’s commitment to fostering entrepreneurship extends to its active participation in the APTA Builder call and other similar initiatives aimed at nurturing startups across various industry sectors. This involvement underscores BancoEstado’s dedication to providing startups with the support they need to transform their ideas into successful ventures.

Hub APTA’s Role in Skills Development: Building Capacity

Hub APTA will play a crucial role in developing innovation, entrepreneurship, and technology transfer skills among SMEs, companies, and BancoEstado teams involved in serving and evaluating technology companies. This focus on skills development will ensure that the entire ecosystem benefits from the alliance, fostering a culture of innovation and entrepreneurship that drives economic growth.

Conclusion: A New Era of Innovation and Collaboration

The strategic alliance between Hub APTA and BancoEstado marks a watershed moment in the journey towards a vibrant and thriving entrepreneurial ecosystem. By combining their expertise and resources, both organizations aim to empower startups, drive innovation, and contribute to the overall economic growth and prosperity of the nation. This alliance is a testament to the power of collaboration and the immense potential that can be unlocked when diverse stakeholders come together with a shared vision of a better future.


Call to Action:

Are you an entrepreneur with a groundbreaking idea? Or a large corporation seeking innovative solutions? Join the Hub APTA and BancoEstado alliance and become part of a dynamic ecosystem that nurtures innovation and drives economic growth. Visit our website or contact us today to learn more about the opportunities available to you. Together, let’s shape the future of innovation and entrepreneurship!