• Of the three highest-ranked Latin American cities, the Colombian capital is the only one that rose in the most recent ranking.

• Bogotá outperforms other Latin American capitals that appear in the top 100 positions on the list, such as Santiago de Chile (75) and Buenos Aires (77).

• In the country ranking, Colombia took second place in Latin America, coming in at 36th place above Chile (37), Mexico (43), Argentina (46), and Uruguay (61), among others.

Bogotá, May 2025. Bogotá is the third best-ranked Latin American city in StartupBlink's Global Ecosystem Index, a report published by this global research platform for technology-based and innovative start-ups, which rates the start-up ecosystems of 1,473 cities in 118 countries.

Since 2021, for the fifth consecutive year, Bogotá has been climbing the rankings to reach 62nd place.

It should be noted that the Colombian capital is the only one to have improved its position among the three highest-ranked Latin American cities on the list, which is completed by São Paulo (23) and Mexico City (58). In addition, Bogotá outperforms other world-renowned cities such as Kuala Lumpur, Detroit, Cambridge, Vienna, Hamburg, Oxford, Bangkok, Prague, Las Vegas, among others. On the local level, Bogotá's startup ecosystem is 2.5 times larger than that of Medellín.

Ovidio Claros Polanco, executive president of the Bogotá Chamber of Commerce, said: "We celebrate the fact that, year after year, Bogotá climbs in this prestigious ranking, which shows that our city is making steady and sustained progress in strengthening the ecosystem of innovation and technology-based companies in Bogotá and Cundinamarca."

"In addition to providing personalized support to hundreds of entrepreneurs each year, we have been redoubling our efforts with strategic actions to strengthen the ecosystem, such as our iconic Gofest, the recent launch of the TEC Cluster, and the promotion of the Bogotá-Region Science, Technology, and Innovation Campus, a public-private project with enormous transformative potential that seeks to establish itself as the epicenter of scientific and technological development in the city. With these and many other actions, we are consolidating an increasingly vibrant ecosystem with greater international projection, bringing us closer to our goal of making Bogotá the region's entrepreneurship hub," he added.

The report also highlights that the transport industry in Bogotá is performing well, ranking 20th worldwide and first in Latin America. In the country rankings, Colombia came in second in Latin America, ranking 36th, above Chile (37th), Mexico (43rd), Argentina (46th), and Uruguay (61st), among others. The index is based on data from official global partners such as Crunchbase, Semrush, and more than 100 governments around the world.

The Bogotá Chamber of Commerce has contributed to these advances by making other initiatives available to entrepreneurs, such as the Capital Raising Program, which aims to close financing gaps and connect entrepreneurs with local and international investor networks. It has also promoted the development of Deeptech startups, with the aim of fostering an entrepreneurial mindset focused on solving humanity's greatest challenges through tangible scientific discoveries and engineering advances.

Similarly, it has contributed to the launch of the Future Startups Incubator, aimed at providing a solid foundation for new ventures and promoting the creation of sustainable and scalable business models. It has also experimented with its own accelerator, which has undergone an interesting evolutionary process that has allowed it to expand its reach beyond Mujeres Tech, without neglecting female leadership and proposals with expansion potential.

Furthermore, the Bogotá Chamber of Commerce has promoted Corporate Venturing as a key strategy that allows companies to access disruptive technologies, streamline their innovation processes, and strengthen their competitiveness in the market.