<img src="https://images.unsplash.com/photo-1568632234157-ce7aecd03d0d?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="buildings near mountain">
 Bogota’s startup ecosystem thrives on a strong talent pool, with 62% of Colombia’s tech companies headquartered in the city. Over 150,000 IT professionals and 15,000 IT graduates annually fuel innovation and technological advancements. Infrastructure development is a key focus, with 19.7% of Bogota’s GDP allocated to construction sector activities. The city boasts the largest fleet of electric buses in Latin America and is implementing mega projects to reduce traffic congestion. 
 The city hosts events like <a href="https://www.ccb.org.co/Fortalezca-su-empresa/GoFest-2022">GoFest</a> and <a href="https://bogotastartupweek.com/">Bogota Startup Week</a> to foster knowledge sharing and networking. Private investment from venture capital firms like PolyMath and Sequoia plays a vital role in supporting startups. Colombia’s public sector offers incentives, such as the <a href="https://www.cancilleria.gov.co/v/nomadadigital">digital nomad visa</a> and the Young Entrepreneurs Law, to promote entrepreneurship and investment. Investments in scientific or technological development receive a 100% deduction from net income, and creative industries benefit from tax exemptions under the Orange Economy Law. Public sector initiatives like CEmprende and the District of Science, Technology, and Innovation of Bogotá-Region strengthen the ecosystem by fostering collaboration. 
 With supportive public sector incentives and private investment opportunities, the Bogota startup ecosystem offers an exciting environment for startups and investors.

![buildings near mountain](https://images.unsplash.com/photo-1568632234157-ce7aecd03d0d?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)

 Bogota's startup ecosystem thrives on a strong talent pool, with 62% of Colombia's tech companies headquartered in the city. Over 150,000 IT professionals and 15,000 IT graduates annually fuel innovation and technological advancements. Infrastructure development is a key focus, with 19.7% of Bogota's GDP allocated to construction sector activities. The city boasts the largest fleet of electric buses in Latin America and is implementing mega projects to reduce traffic congestion. 

 The city hosts events like [GoFest](https://www.ccb.org.co/Fortalezca-su-empresa/GoFest-2022) and [Bogota Startup Week](https://bogotastartupweek.com/) to foster knowledge sharing and networking. Private investment from venture capital firms like PolyMath and Sequoia plays a vital role in supporting startups. Colombia's public sector offers incentives, such as the [digital nomad visa](https://www.cancilleria.gov.co/v/nomadadigital) and the Young Entrepreneurs Law, to promote entrepreneurship and investment. Investments in scientific or technological development receive a 100% deduction from net income, and creative industries benefit from tax exemptions under the Orange Economy Law. Public sector initiatives like CEmprende and the District of Science, Technology, and Innovation of Bogotá-Region strengthen the ecosystem by fostering collaboration. 

 

 With supportive public sector incentives and private investment opportunities, the Bogota startup ecosystem offers an exciting environment for startups and investors.

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