Twenty of the 100 participating companies with a social and environmental focus will additionally take a specialized course from EGADE Business School.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Representatives of the 100 social ventures selected for the 2020 edition of BBVA Momentum in Mexico embarked on their training process, with the support of EGADE Business School - Tecnológico de Monterrey.

The participating companies, characterized by their social and environmental focus consistent with the UN Sustainable Development Goals, will be taking a Tec de Monterrey online course and undergoing an acceleration stage with New Ventures over the next three months.

Subsequently, 20 entrepreneurs will be chosen to continue their training with a specialized course offered by EGADE Business School.

At the start of the activities, the social entrepreneurs were welcomed by Jaime Martínez Bowness, Director of EGADE Business School, Mexico City, as well as Christiane Molina and Luis Islas, Director and Coordinator of Strategic Projects at the school’s Center for Conscious Enterprises for a Sustainable Future.

In addition, they were received by Irma Acosta and Adriana Salazar, Director and Deputy Director of Responsible Business and Sustainability, BBVA México, and Armando Laborde and Keyla Campuzano, Business Strategy Director and Project Manager at New Ventures, respectively.

“At EGADE Business School and Tecnológico de Monterrey, our mission is to prepare transformational leaders for the development of society and human flourishment, and you reflect to perfection the best of the business spirit - creativity, innovation, and problem-solving capabilities - that is so urgently needed on every front,” Martínez Bowness told participants.

This is the eighth edition of BBVA Momentum, a program that seeks to support the growth of companies that have a relevant social impact and are economically sustainable, innovative and scalable.

Once they have completed the training, acceleration and mentoring stages, the participating entrepreneurs can apply to BBVA México for a special loan, for which the institution will have up to 150 million pesos available.