The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives destined to modernize Bogota and turn the region into a smart city. Bogota Programs Will Finance Blockchain Startups The city of Bogota will support blockchain companies with direct financing through a series of funding programs. The program, called Hub Blockchain Bogota will deliver $2.8 billion to blockchain-based companies with useful initiatives. The Jorge Tadeo Lozano University, Innpulsa, and Biointropic y Tribe Accelerator Singapur are also supporting this initiative. The companies interested will have to present their proposals to Fitic, the Bogotá Innovation, Technology, and Creative Industries Fund (FITIC). This institution will decide what ideas will be eligible for getting financed. The...
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