The SME Market in Colombia

What is a Small to Medium Enterprise in Colombia?

Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in South America are businesses with no more than 500 employees.

How big is the SME Market in Colombia?

Small and medium-size enterprises play a hugely important role in the economy of Colombia. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Colombia has a population of over 50,882,891 people. At full performance the GDP of Colombia is over $343,200,000,000 USD.

What help is available for SMEs in Colombia?

Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.

South America

Antioquia Department | Atlántico Department | Bolívar | Boyacá Department | Caldas Department | Cauca Department | Colombia Department | Cundinamarca Department | Huila Department | La Guajira Department | Meta Department | Nariño Department | Norte de Santander Department | Santander Department | Tolima Department | Valle del Cauca Department