- In Bogota and the region this goal has been exceeded, achieving average growth levels of 36.8% in the indicators. - The launching of the new cycle will take place at the Salitre Business Center with a series of conferences on productivity improvement methodologies, a panel of experiences and workshops on productivity and business sustainability. Bogota, November 2023. The Ministry of Commerce, Industry and Tourism, Colombia Productiva, the Bogota Chamber of Commerce and Compensar today launched the V cycle of the Productivity and Sustainability Factories program, with the aim of improving the capabilities of 1,000 companies, through technical assistance and personalized 60-hour accompaniment by an expert. As a result, companies will be able to improve their production, logistics and marketing processes; implement good practices in environmental sustainability and energy consumption; comply with quality standards; promote sophistication; carry out digital transformation processes; and improve human talent management, among other key factors to make them more productive, profitable and competitive. Ovidio Claros Polanco, president of the Bogota Chamber of Commerce, assures that "this program will contribute decisively to strengthen the entrepreneurial and commercial system from within, with concrete support to smaller companies that are part of the popular economy". Since 2019, the Ministry, Colombia Productiva and the Bogota Chamber of Commerce have signed three agreements, totaling more than 28 billion pesos, to implement the Productivity Factories program until 2023. The team of experts advising the beneficiary companies is made up of 235 qualified extension agents, of which 153 are legal entities and 82 are natural persons. Results to date The program emerged in 2019 and has managed to impact more than 1,700 companies. The first three cycles focused on small, medium and large companies, where the first ones corresponded to 60%, the medium ones to 28% and the large ones to 12%. For cycle 4, 84 microenterprises were incorporated into the program as a new segment and the distribution by size was as follows: microenterprises 17 %, small 51 %, medium-sized 23 % and large 9 %. The most demanded lines of intervention in this program have been commercial management with 26 %, operational productivity 26 %, quality management 23 %, digital transformation 12 % and labor productivity with 7 %. Complementing the "Productivity Factories" program, the CCB has been making additional efforts since 2021, where we directly accompanied 51 microenterprises with technological extension services, in 2022 we intervened 150 additional microenterprises and for this year we are working on 200 interventions for companies of all sizes.