Social business case studies: Medellín
Advances in information and communications technology (ICT) are enabling innovation and empowering communities, driving the development of social businesses. In Colombia, the movement is helping Medellin to recover from its violent past.
Medellín is recovering from decades of violence. Intra-integration projects increasing mobility and connectivity have started the healing process. Now, social businesses are providing solutions to social problems, securing a future for coming generations that offers an alternative to criminality.
Known for its entrepreneurial spirit, Medellín is at the heart of Colombia’s textile industry and coffee production. Today, the city is re-establishing itself as an important economic player.
Although less developed than some cities, the social business scene is on the rise and includes many local pioneers that aim to promote education, bring down the cost of existing technologies, or empower traditionally weak economic groups, such as farmers.
In these efforts, technology and access to information have been enablers for change. Significantly though, lack of connectivity has proven a substantial issue for further development, often limiting the impact that social businesses can have.