The Women Entrepreneurs Meeting, organized by Garanti BBVA in collaboration with KAGİDER, the Turkish Women Entrepreneurs Association, has been held virtually for the first time. The event which brought together thousands of female entrepreneurs, was attended by Turkey’s Trade Minister, Ruhsar Pekcan, who came to show her support for one of the most important groups within the Turkish economy.
08 Oct 2020
BBVA is partnering with technology companies to be closer to its clients, who are starting to turn to third party digital vendors to cover their financial needs. “We see these partnerships as a way of growing our customer base,” stated Carlos Torres Vila, Group Executive Chairman of BBVA, speaking at a virtual panel discussion with Marcelo Claure, CEO of Softbank, that took place on the last day of South Summit.
07 Oct 2020
The role of banks in the financial crisis caused by the pandemic and their role in funneling resources and funds towards a green recovery where the two key takeaways from a panel presentation devoted to sustainability that took place at the South Summit event, which is taking place this week in Madrid. “Everything is changing. We are living in a very challenging time. We are living in a global pandemic situation and also in a global economic crisis at this moment after the pandemic, so, it’s time to act,” said Head of Global Innovation & Analytics at BBVA CIB (Corporate Investment Banking) and Global Sustainability Office Ricardo Laiseca.
06 Oct 2020
In the last part of the BBVA USA Paycheck Protection Program (PPP) Forgiveness Series, final tips and advice are given, based on the frequently asked questions submitted from actual small business owners who received a PPP loan. Questions were submitted as part of the BBVA USA Forgiveness Webinar, developed to walk small businesses through the forgiveness process.
02 Oct 2020
Parts 1 and 2 of the BBVA USA Paycheck Protection Program (PPP) Forgiveness Series detailed two key pieces of the entire process: The lender’s responsibilities and the borrower’s responsibilities. The details of these topics can be found in the main source of the Forgiveness Series: the BBVA USA Forgiveness Webinar, a comprehensive look into the PPP that untangles frequent questions.
29 Sep 2020
Azlo, a provider of digital banking and business services for small businesses, is seeing a surge in new account openings in 2020 in the midst of the “Covid Economy” that is spurring new entrepreneurs into action. The digital business banking service—built from day one to serve the needs of small business owners—today announced it has doubled its customer count, year-to-date, and is launching a new subscription service, Azlo Pro, designed to further meet the needs of entrepreneurs around the U.S. by saving them time and money.
25 Sep 2020
Organized by Garanti BBVA, the Ekonomist magazine and the Turkish Association of Women Entrepreneurs (KAGIDER), the event marks the start of the process to present candidacies for this new edition.
22 Sep 2020
Last week, the BBVA USA Paycheck Protection Program (PPP) Forgiveness Series detailed the PPP lender’s responsibilities, which can be found here. The second part of the bank’s PPP forgiveness webinar provided an overview of the borrower’s responsibilities and this article highlights some of the borrower’s responsibilities.
16 Sep 2020
When the PPP launched earlier this year in response to the COVID-19 pandemic, uncertainty painted the quickly-changing small business landscape. That uncertainty still lingers now that the program’s narrative has shifted to the forgiveness phase.
03 Sep 2020
14 Aug 2020
Last year, BBVA USA launched the Entrepreneurial Opportunity Contest, an initiative aimed at helping up-and-coming small businesses enhance their operations.
13 Jul 2020
03 Jul 2020
Money isn’t everything; supporting communities, visibility, training, and strategic support are the key pillars of the BBVA Momentum program. This is one of the conclusions coming out of the panel, ‘BBVA Momentum: Support for Social Entrepreneurs,’ organized by The Next Web in collaboration with the Financial Times, and in which BBVA’s social entrepreneurship support initiative has been featured for best practices. María Erquiaga, global head of BBVA Momentum and Arancha Martínez, founder of Itwillbe.org and participant in the 2017 Momentum program, shared an online platform to stress the growing importance of sustainability in entrepreneurial ventures and the value of social innovation with an impact.
24 Jun 2020
The process of choosing startups in open innovation is proving increasingly difficult in the face of the proliferation of emerging companies globally. BBVA has various scouting mechanisms, and to do this it takes into account factors such as the degree of maturity, whether the solution dovetails with the bank’s needs, and the entrepreneurial team’s passion.
17 Jun 2020
The King and Queen of Spain held two meetings with entrepreneurs. Arancha Martínez, the founder of Itwillbe.org, and Pablo Santaeufemia, the founder of Bridge for Billions also participated in the meetings. Both participated in the 2017 edition of BBVA Momentum, BBVA’s program in support of social entrepreneurship. The meetings addressed the social and economic challenges that lie ahead, and the solutions entrepreneurs are proposing to overcome them.
03 Jun 2020
When the Paycheck Protection Program launched in early-April, BBVA USA employees knew there was going to be an influx of applications for small businesses struggling during the ongoing pandemic.
13 May 2020
As part of BBVA’s Community Investment Plan, BBVA has allocated €9.8 million to entrepreneurship initiatives, benefiting 2.2 million people in 2019. It is therefore fulfilling its commitment to entrepreneurship as the driver of opportunities for people, creating a positive impact on their lives in all countries where BBVA has a presence.
23 Apr 2020
To continue collaborating with the ‘fintech’ ecosystem and keep in touch with startups during the quarantine period, BBVA Open Innovation teams from all over the world joined together to host the InnovaHome Festival, a series of virtual events on entrepreneurship and innovation that enable us to continue providing value to entrepreneurs while the crisis lasts.
18 Mar 2020
BBVA’s Turkish unit has launched the latest round of its Garanti BBVA Partners Acceleration Program, an initiative that seeks to nurture the entrepreneurial spirit and support local small business people.
16 Mar 2020
The BBVA Momentum 2019 closing event took place on March 3rd at the Impact hub in Madrid. It set the scene for putting a face and name to the most promising entrepreneurs of this season’s Momentum program. Their business pitches highlighted the potential of their growth plans, which is already starting to materialize for many of them.
06 Mar 2020
In commemoration of International Women’s Day, BBVA’s Turkish franchise has launched a new initiative called ‘Women are the future.’ Garanti BBVA has reserved its digital channels, social networks and screens at branches for the winners of the contest, Turkey’s Women Entrepreneurs Competition.
A new survey by BBVA owned SME digital banking specialist Holvi has shown how nearly half of the UK big business workforce would like to set up their own company, but fears around financial management and redtape are stopping them.
04 Mar 2020
Twenty experts discussed the future of social entrepreneurship at the closing event of BBVA Momentum’s most international year yet. The event in Madrid brought together entrepreneurs from Mexico, Colombia, the United States, and Turkey. BBVA Momentum 2019 closed its most recent edition with an event where participating social entrepreneurs showcased their projects and sustainability played a central role.
03 Mar 2020
By Anita Dharapuram
On March 3, the winners of 2019 BBVA Momentum will arrive in Madrid, Spain to celebrate their entrepreneurial accomplishments and culminate this year’s program. A handful of the program’s winners hail from Turkey, Mexico, Colombia, and the United States – and one was recently recognized by Forbes magazine.
28 Feb 2020
In just a few short days the closing event for BBVA Momentum 2019 will take place. International experts in social entrepreneurship will join the best of the best of this year’s pool of entrepreneurs at the celebration. The three most promising social ventures from this year’s Turkish Momentum program will travel to Madrid to present their business models.
Over 20 leading international and national experts and the most promising social entrepreneurs of BBVA Momentum 2019 edition will meet in Madrid for the global event bringing the edition to a close. Those attending this event will have a unique opportunity to expand their knowledge and professional network with the best ecosystem for social entrepreneurship.
24 Feb 2020
The 2019 edition of BBVA Momentum in Mexico has accelerated the growth of 100 social enterprises. The three companies that stood out for their potential growth and innovation will go to Madrid on March 3rd to participate in the global event ending this 2019 edition.
21 Feb 2020
The three 2019 BBVA Momentum winning social enterprises in the United States will attend the global event marking the close of this iteration of the program (to be held in Madrid on March 3rd) where they will share the full force of their business models. The three companies will participate in the premier social entrepreneurial event showcasing their initiatives, which seek to foster diversity, education, and access to healthcare in the communities they serve.
19 Feb 2020
BBVA Momentum ends its 2019 program with the celebration of a global event in Madrid. International players in the sector and the three most promising entrepreneurs from each participating country will attend the event. The event will close the most ambitious year for the program, which accelerated the growth of 169 social businesses from Colombia, the United States, Mexico, and Turkey.
18 Feb 2020
The Houston Rockets and BBVA USA have announced the launch of their annual Launchpad contest for Houston entrepreneurs.
16 Jan 2020
BBVA’s ecosystem of innovation and fintech talent was key to the success of Lucas. This startup, which facilitates access to the purchase of a home, was able to find its main partners, develop a platform and launch its product on the market thanks to its access to BBVA Open Space’s network of contacts and advice. Now the startup is preparing for its first round of seed funding.
06 Jan 2020
Under the scope of agreements Garanti BBVA has signed with the International Finance Corporation (IFC), the Development Bank of Austria (OeEB), and Green for Growth Fund (GGF), the bank will allocate $133 million to support energy efficiency and renewable energy projects, small and medium-size businesses, and women entrepreneurs across 22 Turkish provinces.
03 Jan 2020
In this second article, BBVA experts in various fields give their views on the changes and breakthroughs that happened during 2019, and the ones we will see in the technological banking landscape in 2020.
26 Dec 2019
Over the past year, BBVA Open Innovation, the area of the bank that works to connect with the FinTech ecosystem, has generated 310 interactions between entrepreneurs and business areas. Thanks to these contact points, BBVA successfully carried out 16 pilot tests with startups in 2019 alone, one third of which are now in the marketing phase. In addition, a further 38 collaborative initiatives are in the process of being defined and implemented.
19 Dec 2019
The 13th annual Turkish Women Entrepreneur Competition, organized by Garanti BBVA in collaboration with Ekonomist Magazine and the Women Entrepreneurs’ Association of Turkey (KAGIDER), recognized the best and brightest women entrepreneurs in 2019.
BBVA Momentum will hold its 2019 global closing event on March 3, 2020. This year, the BBVA program in support of social entrepreneurship has broken its own record by accelerating the growth of 169 companies from the United States, Turkey, Mexico, and Colombia.
13 Dec 2019
Last week, BBVA officially opened its latest Open Space, in Bogotá. Located in the heart of the Colombian capital, it is the third such space opened by the bank. The site, which led a previous life as a BBVA Innovation Center, has been under construction for the past year in preparation for its relaunch as Open Space Bogotá. Jaime Espinosa, Director of BBVA Open Innovation in Colombia, explains why the bank decided to launch a new Open Space, and the impact he hopes it will have on the local fintech community.
12 Dec 2019
BBVA USA, in its mission to bring the age of opportunity to everyone, provided significant funding to three nonprofits in Jacksonville who are focused on growth and development of small business and entrepreneurship.
10 Dec 2019
BBVA has been named by the European Commision as one of the best supporters of startups on the continent for the third year in a row.
09 Dec 2019
26 Nov 2019
The European Commission defines microenterprise as a business that employs fewer than ten people and whose annual turnover does not exceed €2 million. BBVA Momentum, the BBVA program that supports social entrepreneurship, works with companies such as these, which are distinguished by an enthusiasm to grow in order to increase their positive impact.
14 Nov 2019
World Usability Day is celebrated on the second Thursday of November. The goal of the day is to emphasize the importance of designing products that are simple to use and make life easier for everyone. BBVA Momentum, BBVA’s program to support social entrepreneurship, promotes companies that espouse inclusive design, ensuring no one is left out.
08 Nov 2019
07 Nov 2019
Denver-based Vita Inclinata Technologies has been named the overall winner of BBVA’s Entrepreneurial Opportunity Contest, winning the $50,000 grand prize over other geographic winners from previous regional rounds. The company is focused on delivering the first agnostic, autonomous suspended load stability system for both earth and space applications.
05 Nov 2019
The image of the traditional billionaire, surrounded by luxury and oblivious to what is happening on the planet, is beginning to be a thing of the past. Some of the largest global fortunes have discovered impact investing and social entrepreneurship and are using these opportunities to take action and leave a positive mark on the world.
24 Oct 2019
18 Oct 2019
Social entrepreneurship competitions are platforms that can give a leg up to entrepreneurs with a business idea and the hunger to grow. Of the competitions taking place in the upcoming months, there are some that are internationally renowned, standing out thanks to the prestige they have accrued over the years.
11 Oct 2019
They attend school, help their families, work, take care of their elders… Girls are an active part of society, but most are discriminated against due to their gender, and this inequality puts them at a disadvantage. October 11 has been marked as the International Day of the Girl to remind us all that, to build a better future, it is essential to support the development of girls and young women across the globe.
08 Oct 2019
She dreams big because she’s not afraid to fail; because failure is not part of her equation. She says this with the authority of someone who’s endured a rough childhood and has a role model to look up to. Yamile Salazar is the daughter of a woman who decided to bring her to this world despite hardship, with the only certainty that she would be able to provide for her. And those past efforts are starting to pay off: Yamile’s life undeniably proves that everything is possible, because she’s built a future out of nothing. Today, 90 people, mostly women, work for her and thousands of young women dream to wear some of her “Angels and Princesses” designs, creations of the clothing universe that embodies Yamile’s passion.
07 Oct 2019
The Houston Dynamo and BBVA USA have announced MoodMe as the winner of its annual Launchpad Sweepstakes contest, giving the Houston-area startup $10,000 to enhance its operation.