BBVA Momentum, a unique programme of training, strategic support, networking opportunities and access to funding for social entrepreneurs, has launched its 2019 edition in Colombia, Mexico, the United States and Turkey.
Participants in BBVA Momentum are mentored by business experts, including leading academics provided by the global educator network of executive development company Headspring, a Financial Times and IE Business School joint venture. The goal of the programme is to help entrepreneurs in the host countries learn new ways to enhance and grow their operations.
Following an exhaustive selection process, successful BBVA Momentum participants will go through an intensive five-month training course. A series workshops have been designed by Headspring and will be delivered by its network of professors and local partners in each country. These workshops are online platform based, combined with local face-to-face workshops.
The workshops cover a number of relevant topics to help the selected entrepreneurs successfully grow their businesses. They include:
- Business models and finance for social enterprises
- Leadership and team management
- Scaling up the enterprise to prepare for the next stage of its development
- Communication and stakeholder mapping
- The role of technology and innovation
- Decision-making in the growth stage of an enterprise
Since its launch in 2011, more than 500 entrepreneurs from six geographies have participated: Colombia, Mexico, Peru, Spain, Turkey and the United States. In 2018, 76 enterprises were invited to participate.
According to a Headspring representative, the professors and academic content help entrepreneurs acquire essential business skills: ‘By employing practical and relevant content, and with the involvement of leading academics and business experts as mentors, BBVA Momentum has grown in scope significantly. We help BBVA by providing access to some of the world’s leading professors and academic content.’