Requisitos de Participación – Empresas Tradicionales y Startups
Learn about the selection criteria for Startups and Traditional Companies looking to scale their impact.
General Requirements
- Be legally constituted in Colombia, with active NIT and registration before the Chamber of Commerce.
- Currently operating in Valle del Cauca, with an active presence in one or more municipalities.
- Current affiliation to Caja de Compensación Comfandi.
- Have audited and signed financial statements, updated to the last fiscal year.
- Have a validated product or service in commercial phase (not in ideation).
- Commitment of the management team to the process, with a minimum availability of 3 hours per week.
- Willingness to implement internal improvements and transformations.
- Accept the use of digital monitoring and evaluation tools.
- Mostrar impacto económico, social o ambiental.
- Interés en recibir inversión y/o financiación.
Specific Requirements for Traditional Companies
- Antiquity: mínimo 36 meses de operación continua.
- Team: clear organizational structure (administrative, operational and commercial areas).
- Annual turnover of more than COP $300 million.
- Have an active customer base, with defined sales channels and a consolidated portfolio.
- Ability to demonstrate key financial indicators:
- Acid Test: (Current Assets - Inventories) / Current Liabilities
- Current ratio: Current assets / Current liabilities
- Leverage level: Total Debt / Equity
- Interest coverage: EBITDA / Financial expenses
- Show real scaling potential, with infrastructure and suppliers ready to grow.
- Pertenecer a sector Comercio, Construcción o Manufactura.
- Generate formal and stable employment in the region.
- Evidence of commitment to local economic development, sustainability or social inclusion.
Specific Requirements for Startups
- Antiquity: minimum 18 months from legal incorporation.
- Team: minimum 2 people dedicated full time to the project.
- Have a replicable business model, scalable and with a clear value proposition.
- Show evidence of traction (sales, successful pilots, active users, usage metrics, strategic alliances).
- Incorporate technology or digitalization as a central part of the business.
- To have a vision of expansion, with interest in investment capital (validation, pre-seed or seed).
- Show openness to strategic accompaniment and alliances with funds.
- Ability to build and implement key performance indicators (KPIs).
- Ability to project 2x or 3x growth over a 2-3 year period.
- To have financial indicators
