Colombia currently offers multiple alternatives for women entrepreneurs who are looking for support to create or improve their business or company, however many of these entities that offer support do not have great coverage at the national level, which is why we will only talk about the entities that can provide you with greater coverage, monetary support and training programs. Below you will find the main support programs that Colombia offers to women entrepreneurs and the steps to follow to access these grants.
Method 1 of 3: ECCO Women Program
Step 1. Learn about the program and sign up
Mujeres Ecco is a program supported by the Inter-American Development Bank (IDB) and executed by the Chamber of Commerce of Bucaramanga, Barrancabermeja, Cartagena and Cúcuta. The first step to access this program is to register virtually on this portal
It is important that you register as an entrepreneur who has an idea for a business or as an entrepreneur with a running company, depending on your case
Step 2. Attend the awareness days
In the portal where you previously registered you will find a schedule of totally free awareness talks that you must attend; Through this awareness day you will learn in depth how the support program works and the minimum requirements that are needed to be a beneficiary of the program.
Step 3. Determine if the program meets your expectations
Based on all the information and training you receive during the awareness day, you will determine if this program is something that really meets your expectations and if you want to continue with the next phase.
If you decide to continue, you must process the "Entrepreneur profile and degree of maturity of the business idea" format for female entrepreneurs who have an idea for a business or the "Basic business information" format for female entrepreneurs with operating companies
Step 4. Receive training and apply the new knowledge
Depending on the format of the form you have processed, you will receive the corresponding training and support so that you can apply the knowledge you acquired to your business idea or company.
Mujeres ECCO provides virtual and face-to-face workshops that you can choose in which you will learn to use virtual resources and at the same time virtual workshops are more flexible in terms of schedules
Method 2 of 3: WWB Colombia Foundation
Step 1. Find out what the WWB Colombia Foundation is
Eta foundation offers financial support, training and accompaniment for women entrepreneurs through different free or low-cost services. In order for you to use some of these services, you need to create an account on the foundation's virtual portal
Step 2. Request advice and training virtually or in person
Virtual Classroom, Non-formal Comprehensive Education and Entrepreneurial Women are spaces that allow you to receive virtual or face-to-face training on topics such as leadership, entrepreneurship finance and knowledge about digital tools.
- To enroll in any of the training courses you only need to enter the foundation's online page and click on one or more of the following options; Virtual Classroom, Non-formal Comprehensive Education or Entrepreneurial Women and enter your account, there you will find a list of training programs and the start dates of each of them.
- Finally, select the program of your preference and fill out the registration form.
- If you finish any of the training courses offered by the foundation, you will receive the "WWB Colombia Foundation Card". This card provides prizes and incentives in recognition of women entrepreneurs and their families.
- Find out through the radio program. Women who inspire women is an informative radio space that lasts one hour. Through this program you will be able to find out about educational services on entrepreneurship and finance aimed at women entrepreneurs, microentrepreneurs and their families who live in places where the WWB Foundation does not have coverage in person.
- The radio program is broadcast Monday through Friday from 5 to 6 p.m. by 1200 a.m. of the RCN Radio Red system in 27 municipalities of Valle del Cauca.
Step 3. Apply what you learned
The knowledge you acquired in the training programs will allow you to determine the changes or improvements you want to make in your business idea or company and if you will need financial support to carry out these changes.
You will also have support and advice to help you define the value for which you will request a loan if you need it
Step 4. Apply for a loan
Banco WWB belongs to the WWB Foundation and offers microcredits and financial services to women entrepreneurs who have a business or company with a minimum of one year old, who do not have reports in any credit bureau and who are over 18 years of age.
- To request loans of up to 3 million pesos, you do not require a co-debtor and the amounts range from 1 SMLV (current legal minimum wage) to 120 SMLV and the money is disbursed overnight.
- If you are interested in applying for a microenterprise loan with Banco WWB, you must fill out the form that you will find in the section "Apply for your loan" on the following portal
Step 5. Advertise your products or services virtually
Virtual showcase is a practical and simple tool; You only need to enter the account you created, there you can post photos and a description of the product or service of your business or company so that potential buyers can contact you.
Method 3 of 3: World Corporation for Women Colombia
Step 1. Find out what this corporation is about
This corporation provides support to women entrepreneurs through different face-to-face training programs aimed at developing the skills and abilities necessary to access and compete in today's market.
Step 2. Attend the training workshops
To register for any training program or workshop, you must go in person to the Colombia Women's World Corporation (calle 31 # 13A-51 office 303, Edificio Panorama, Bogota), present your identity document and choose the training program to which You want to register taking into account the aspects that you need to strengthen, improve or change in your business idea or company.
Training areas range from costs, budgeting, and finance, to production, sales techniques, and service
Step 3. Sign up to receive support and advice
At the end of the training program you signed up for, you will receive support and advice so that you can apply what you learned to your business or company idea and thus make the necessary changes and adjustments. ´
During this stage you will also be able to access incentives and financial support from the corporation
Step 4. Establish connections with entities and companies
In this phase, the corporation will actively support you by creating a bridge between your business or company and some companies and entities that may be interested in acquiring your products or services, creating connections that will allow the sustainability of your business or company. Some wikiHow articles that can help you with this are:
- How to make a successful event to network
- How to network
- How to add contacts on LinkedIn