Entrepreneurship

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David Vélez accepts Empresario del Año 2025 award on stage in Bogotá, speaking critically on regulations.
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David Vélez accepts Empresario del Año 2025 award, critiques regulations in speech

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David Vélez, CEO of Nu Holdings and founder of Nubank, accepted the Empresario del Año 2025 award from La República at a ceremony in Bogotá, following last week's announcement recognizing his role in digital banking innovation. In his speech, he stressed the private sector's importance for Colombia's growth and criticized regulations excluding millions from formal credit.

Ida Norström now runs a profitable electricity company with eight employees. She founded Energy Effective Solutions at age 20 after feeling sidelined in the industry.

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IIT Madras has incubated 567 startups under its 100 Startups a Year mission, with 25 percent featuring women co-founders. The figure has held steady above 25 percent over the past two years, according to the incubation cell chief.

The 22-year-old Henry Ekman, previously unemployed in Forsmark in Uppland, has bought and moved to a rural store in Örträsk in Västerbotten. He found the business through an ad on Blocket, about 600 kilometers north. Ekman says he has now found his place in life.

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A 40-year-old has launched the new company Gundhammar Olsson AB in Karlskoga. The business will cover building services, new construction, renovation, rebuilding, earthworks, and similar activities.

The Federal Government of Nigeria has engaged over 12,000 youths in local and global opportunities. It has also allocated more than N13 million in grants to support over 80 youth initiatives.

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A small souvenir shop named 'Loving Myself' is located on 26th Street, between 21st and 23rd, in Vedado, Havana. It offers a variety of items such as handmade soaps, perfumes, and ornamental plants. While prices may not be affordable for everyone, it highlights what private entrepreneurs can achieve amid economic challenges.

 

 

 

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