ExpoBIC, the first scenario in Colombia dedicated to promoting the business transformation of Bogota-Region, recognized 300 entrepreneurs from Bogota and the Region for their commitment to BIC (Collective Benefit and Interest) Companies. Nationwide, 1,369 were recognized.

Nicolás Uribe Rueda, president of the Bogota Chamber of Commerce, stated that "We are committed to offering entrepreneurs different programs that allow them to implement strategies and initiatives that generate positive social, economic and environmental impacts. We are committed to the generation of shared value and responsible business conduct, which promotes business models with products and services that at the same time generate profitability. With these actions, the CCB seeks to encourage the adoption of the BIC condition (Collective Benefit and Interest) in the businessmen and businesswomen of Bogota-Region through a strategy of mentality and culture on the benefits, implications and commitments, complemented mainly with a process of training and technical assistance in areas such as corporate governance; labor practices; environmental practices; community practices and management reports. Success stories 03 Smart Cities SAS BIC is a company that provides sustainable technologies that positively impact the quality of life of the environment, making use of renewable energies, electric mobility and IOT. In 2020 it became a BIC company and in 2021 it received its certification as a B company in Colombia. Alexa Oviedo, legal representative of 03 Smart Cities SAS BIC stated that "it has been two years of work dedicated to triple impact. We decided as conscious shareholders to commit ourselves to positively impact the Colombian economy not only economically but also socially and environmentally". Twenty Ways SAS BIC is a company in the textile sector whose objective is to offer comfort and satisfaction to its customers through its sportswear. With the support of the CCB and the accompaniment of the different consulting firms, it became a BIC company in 2021. Blanca Benavides, legal representative of Twenty Ways SAS BIC announces that "to achieve fair trade practices, the TW company is sustained on the basis of real, accessible and rational prices, have adopted policies for the purchase of inputs with domestic companies that have environmental commitment and responsibility in their processes".

How to become a BIC The CCB offers entrepreneurs a process of accompaniment so that companies can become BICs. It has spaces for training and technical assistance. Training is provided through 4 workshops that cover the following topics: bases and characteristics of BIC companies; business model dimension; corporate governance dimension; labor practices dimension; environmental practices dimension; community practices dimension; and management reports.

The technical assistance consists of the following components: characterization of the BIC dimensions; definition of activities to be carried out for each dimension; definition of the action plan; definition of the management report; and legal support for the preparation of bylaws and minutes for the filing of the procedure. This process is framed within the business reinvention model, which implies the accompaniment of a CCB consultant. To become BIC companies, organizations do not have to change anything from a corporate point of view. They voluntarily adopt a series of practices to position the corporate brand with a consumer who is increasingly aware and who demands more from companies because he/she understands that brands have values and principles in environmental and social matters with which he/she wants to identify. Figures • Since 2020, the CCB has sensitized and trained 4,367 people on the characteristics of the BIC model, its importance, benefits and dimensions. • A total of 44 socialization workshops have been held, with a total of 911 attendees. We also provided individual technical assistance to 303 companies, including: diagnosis, action plan, clarification of management reports and legal support for the process of adopting BIC status. • Together with our two subsidiaries CAEM and Uniempresarial, we carried out the Diploma in Sustainability and BIC Companies, which had 100 participants and developed 30 training workshops in the dimensions of BIC Companies. • At the national level, according to Confecámaras, there are 1,369 BIC companies. • Of the national total, 22% are located in the Bogota region, or 301 companies. o 68% of BIC companies in the Bogotá - Region are micro-enterprises and 23% are small. o 94% percent of BIC companies are located in Bogotá and 6% in some of the 59 municipalities where the CCB has jurisdiction. o 72% of BIC companies are in the service sector, 15% in the commerce sector and 13% in the manufacturing sector. o 86% of BIC companies in Bogota - Region have 10 or less employees. o 68% of these companies have been incorporated for 5 years or less.