There is no one-size-fits all when categorizing small businesses, according to BBVA Compass Business Banking Segment Executive Director Elizabeth Dobers. Some banks have a different outlook when making that determination – including consideration of annual sales, number of employees and annual receipts.
10 Aug 2018
Marcos, Marcela, Lucy, Juan, Adelaida, and Luz are not six names just pulled from a hat. They are six Latin American entrepreneurs who are getting ahead using small loans, savings, and microinsurance that protects what they are building. They are six of the 2 million people served by the BBVA Microfinance Foundation (BBVAMF).
01 Aug 2018
More than just an acronym, the Small Business Administration has been around since 1953, serving small businesses around the country in more ways than one. BBVA Compass has consistently used the phrase, “cornerstones of thriving communities” when describing small businesses, and the SBA is a big help in molding those cornerstones.
13 Jul 2018
BBVA Momentum 2018, BBVA’s social entrepreneurship supporting program has concluded the final list with the names of the 76 social companies invited to take part in this year’s edition.
12 Jul 2018
BBVA CEO Carlos Torres Vila got a first-hand glimpse into the level of progress that the BBVA Microfinance Foundation’s digital strategy is enabling. Bancamía, the Foundation’s lending arm in the country, is managing to reach more and more customers who, until recently, had struggled to access financing as a result of the digital divide. BBVA’s CEO learned about two of the entrepreneurs backed by the institution and how microcredits have afforded them new opportunities to pursue a brighter future.
11 Jul 2018
10 Jul 2018
Aquademy, a swimming school in Laredo, Texas, specializes in teaching people of all ages to swim – whether they’re babies, toddlers, children, teens or adults – where they learn the basics with the option of also learning four styles of swimming. Additionally, Aquademy holds aqua aerobics classes for adults.
Some have been lucky enough to receive a share of their thriving family businesses; others have amassed fortunes on their own merits before they turned 30, fortunes worth more than $1.3 billion.
05 Jul 2018
Small businesses and startups face obstacles when building operations. For owners, the challenges can be great and the return on investment can be minimal in the beginning.
28 Jun 2018
25 Jun 2018
20 Jun 2018
BBVA Compass and the Houston Rockets today announced Buy On Purpose as the winner of the Small Business Opportunity Contest, awarding them the top prize of $10,000.
06 Jun 2018
BBVA Compass and the Houston Dynamo have crowned Reason2Race as the winner of their 2018 installment of The Pitch contest, awarding the organization the $10,000 prize to put towards growing their business.
29 May 2018
The BBVA Open Talent team has recognised a number of fintech businesses with a financial inclusion mission. Their business models, and the resulting impact on society, make Open Talent alumni businesses such as Destacame, ePesos, and Musoni ones to watch.
25 May 2018
BBVA Compass and the Houston Dynamo have announced the four finalists for their annual small business contest known as The Pitch.
24 May 2018
This is the 10th edition of the Open Talent competition. Since it launched, 6000 fintech startups have been through the doors of BBVA, facilitating collaboration with the BBVA team and wider ecosystem. But what makes a winning entry that stands out from the crowd? And how can you craft a ‘pitch’ that resonates?
It’s a challenging enough road for small businesses to navigate in order to cultivate success in a competitive atmosphere. Tangling that web even further is the strong momentum of the digital wave.
21 May 2018
In two weeks time, BBVA will be a five star sponsor at Europe’s largest dedicated financial services and fintech conference, Money20/20 Europe.
18 May 2018
He holds an undergraduate degree in physics. He’s the founder of Tesla, SpaceX and Neuralink, among other companies. He’s championed renewable energies, online payments and the space race. Elon Musk’s impressive resume brims with professional and economic success. What initiatives have made this entrepreneur one of top innovators of the 21st century?
08 May 2018
Every year, National Small Business Week brings out initiatives and recognition for small businesses, showcasing the entrepreneurial spirit from coast-to-coast.
04 May 2018
Creating a startup isn’t the exclusive territory of new entrepreneurs or young people with moneymaking ideas. Big technological companies and their CEOs have recognized how to spot potential in emerging companies, buying them outright or overseeing the development of their growth potential.
01 May 2018
For the third consecutive year, BBVA Compass and the Houston Dynamo are creating an opportunity for a local small business to take the next step in its success.
25 Apr 2018
Adapt or die. An emphatic statement, but one that perfectly captures the spirit that drives startups. The search for innovation is often what characterizes these entrepreneurs, who now how to seize the opportunities enabled by new digital technologies linked to an innovative business idea.
24 Apr 2018
23 Apr 2018
The European Investment Bank Group and BBVA have signed a synthetic securitization to finance investment projects of Spanish SMEs. The agreement will enable the provision of €600 million.
03 Apr 2018
Finding funding is the main concern of the fintech sector in meeting growth and expansion targets, according to a new report published by the London Stock Exchange Group and TheCityUK. However, collaboration with big financial institutions on the basis of initiatives such as BBVA Open Talent is becoming increasingly important as a means of gaining presence in the market and driving fintech growth.
02 Apr 2018
As the playoffs quickly approach, BBVA Compass and the Houston Rockets are creating clutch opportunities for a local small business to rise up against the competition, officially starting the BBVA Compass Small Business Opportunity contest today, April 2.
16 Mar 2018
08 Mar 2018
Astrid, Adelaida and Arancha are three very different women. They live thousands of miles apart. In different countries, different continents. Their work is also completely unrelated: livestock breeding in Colombia, a store in Panama and mobile app development in Spain. However, there is one thing that these three women have in common: all of them, at one point in their lives, decided to start their own businesses to support their families or make an idea come true. The three also think that, in their case, being a woman worked more to their advantage than against it. We brought them together so that they could share their story with us.
06 Mar 2018
“New York is overrated. What I’m drawn to is Hong Kong, Thailand and the Moroccan desert”. That’s Jessica Hernández’s take on things. Jessica is 28 and lives in Soacha, a modest town in the outskirts of Bogota. She travelled to New York to tell her story to the UN and there she met another fearless girl in the shape of Kristen Visbal’s sculpture, which since March 8 has been locking horns with the bull on Wall Street.
05 Mar 2018
BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.
Find out more and register for Open Talent 2018 here.
28 Feb 2018
BBVA Asset Management and Global Wealth hosted its third edition Silicon Valley Immersion experience on Feb. 18 in San Francisco and wrapped up the week-long entrepreneurial experience for 21 clients on Feb. 23. Participants came from the U.S., Mexico, Peru, Switzerland and Spain.
15 Feb 2018
When San Francisco comes to mind, so do connotations of entrepreneurship and innovative thinking. So when BBVA decided to set up a course on entrepreneurship for some of the bank’s best Global Wealth clients, Northern California was its top choice.
More and more people in the U.S. and across Europe and Latin America are choosing to start their own businesses or to take jobs that better fit their work-life balance.
06 Feb 2018
30 Jan 2018
In the Phoenix area, there are about 299 sunny days a year, on average. While the climate in the Valley of Sun can sprinkle a normally-welcomed spot of sunshine on residents, it also brings a high rate of melanoma skin cancer, according to the CDC.
05 Jan 2018
04 Jan 2018
Exercising more and eating healthy foods top the list of New Year’s resolutions seemingly every year. While those are great and common goals across the U.S., some of those fall by the wayside as the calendar months turn.
Many sectors are already exploring the potential applications of Blockchain, a technology that according to experts could have an impact comparable to that of the internet. Beyond the famous cryptocurrencies, there is no longer any doubt that the uses of this technology can improve society, and several social enterprises are demonstrating it through interesting projects.
28 Dec 2017
Sustainable Development is essential to achieving more peaceful and just societies and the United Nations counts on the private sector to help in this effort. The BBVA Microfinance Foundation (BBVAMF) has contributed its experience in the finance sector to the report entitled “Business and SDG 16: contributing to peaceful, just and inclusive societies,” drawn up by the Sustainable Development Goals Fund and the University of Pennsylvania.
The transformation of the economy opens the door to collaboration between big corporations and startups: they need to understand each other and collaborate. It’s a beneficial relationship for all, but one which is not always easy.
19 Dec 2017
Chad Houser of Dallas-based Café Momentum, a restaurant training platform for juvenile offenders, won the top prize of $50,000 last week as the BBVA Momentum program for social entrepreneurs closed out its inaugural season in the U.S.
18 Dec 2017
BBVA has been recognized as one of the corporations doing the most to support startups in Europe. Startup Europe Partnership (SEP), an initiative established by the European Commission to support new companies in the technology field, praised BBVA’s open innovation strategy and included the bank in its ranking of the top “12 Corporate Startup Stars.”
15 Dec 2017
In the era of the digital economy, it’s crucial that entrepreneurs acquire the financial knowledge and skills needed to develop innovative projects with long term sustainability. That´s why the focus on education, and in particular financial education, should be widened to include entrepreneurship, especially among young people.
14 Dec 2017
The global finance industry is marching to the beat of innovation, especially in retail banking, fund transfers and commercial banking, Argentina is no exception, according to PwC’s Global FinTech Report.
13 Dec 2017
The winners have been announced of the eleventh annual Turkey’s Women Entrepreneurs Competition, organized by the Women Entrepreneurs’ Association of Turkey (KAGIDER), Garanti Bank and Ekonomist Magazine. The first prizewinners in four categories were announced at the award ceremony held on Tuesday, November 28.
Customer experience, the new business models and investment in social commitment are the three opportunities for the banking industry, as it seeks to maintain a relevant role in society. “Investing in social sustainability is part of the banking industry’s responsibility,” said José Manuel González-Páramo, BBVA’s Executive Director and Head of Economy, Regulation and Institutional Relations, during the event entitled XIII Banking Industry Meeting organized by IESE (13th Meeting of the Banking Sector, organized by IESE) in Madrid.
29 Nov 2017
23 Nov 2017
BBVA is the only bank participating in the European Business – Education Summit organized by the European Commission and CSR Europe in Brussels. At the meeting, BBVA’s Executive Member of the Board, Head of Global Economics, Regulation and Public Affairs, José Manuel González-Páramo, defended the importance of providing young people, not only with financial education, but also entrepreneurial skills, to boost Europe’s economy.