Mujer Emprende Fund has reached 15 thousand beneficiaries throughout the country

The Mujer Emprende Fund, a government program attached to the Vice Presidency of the Republic, has benefited more than 15,883 Colombian entrepreneurs throughout the national territory through its different instruments, which seek to promote autonomy, economic empowerment and the dignity of women’s work in Colombia, through entrepreneurship, formalization and business strengthening, thus seeking to close gender gaps.

The Women’s Fund continues to invest in women, to date it has an investment of more than 81,000 million pesos, which is expected to continue increasing with the plans and projects for the year 2024 and carry out a territorial deployment that allows impact on rural women, women in vulnerable conditions, women belonging to towns, communities or ethnic groups, women with disabilities, etc., throughout the national territory.

“We are the only public policy instrument for the economic empowerment of women and the closing of gender gaps in Colombia, through which we work to make our country a nation of women entrepreneurs and businesswomen with scalable, profitable, replicable and “sustainable projects that generate quality employment, thus turning women into the center of the country’s productive transformation,” said María Fernanda Reyes, Executive Director of the Fondo Mujer Emprende.

An approximate of 12,310 economic units of women have been favored with incentives within soft credit programs implemented with Bancóldex, Finagro and Banco Agrario, who have granted more than 80 billion pesos in credits.

Likewise, more than 750 rural women have been strengthened through technical assistance, support and provision of productive assets. Currently, we are beginning the execution of the intervention route of core E, Rural Orinoquía, Rural Pacífico and Gastronomic, where it is expected to link more than 1,961 women, who have already been selected within the framework of selection processes.

On the other hand, 199 women’s ventures received specialized technical assistance on topics such as formulation of productive projects, strengthening of the business model, commercial strategies, marketing, legal, juridical and financial aspects, among others, while 121 women completed virtual training activities in financial education.

The launch of the “She Exports to Africa” program was announced, which aims to strengthen at least 30 MSME women’s companies through the allocation of $4.5 billion pesos through specialized technical assistance provided by ProColombia and delivery of productive assets that allows them to enter a new market on the African continent. The call for the selection of beneficiary companies closed on October 20 with the application of 189 companies that are currently in the evaluation process.

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