The document outlines 5 pillars for the development of Medellin: 1) Develop differentiated public policies according to business development levels and growth opportunities, 2) Develop sustainable collaboration systems through local public policy, investments in science/technology/innovation, and building institutional capabilities, 3) Build human and social capabilities to develop trust and create a public-private collaborative model with clear responsibilities, 4) Generate sustainable growth and wealth by building business networks and revitalizing/creating productive activities and businesses, 5) Create financial solutions for business development and expansion through a funding platform for emerging and mature industries.

1. Moving forward collaborative frameworks and ecosystems: 5
pillars for the development of Medellin
Jaime Echeverri
Parallel 4.3 Topics on New Cluster Trends
12 November 2014

2. Moving forward col laborat ive f rameworks
and ecosystems:
5 pillars for the development of Medellin
Jaime Echeverri
Medellin, Colombia

3. Moving forward col laborat ive f rameworks and
ecosystems:
5 pillars for the development of Medellin
Local public
Financial policy
capital
Innovation
ecosystem
Synergy
Capital
Region’s
corporate
network

4. Manage di f ferent what is di f ferent
Development of differentiated public policies according
to the level of business development and the
opportunities of growth.

5. Sustainable col laborat ion
systems
Development of a local public policy and a Plan of
Science, Technology and Innovation, public and
private resource investments and building
institutional capabilities.

6. Ter r i tor ial development through
bui lding human and social capabi l i t ies
Building trust and culture during the structuring process of
the public-private collaborative model of the region,
creating clear responsibilities, opening spaces for
discussion and concrete results.

7. Source of sustainable growth and
weal th generat ion
Building the business network, revitalization of
productive activities and new businesses, which
pull the regional development.

8. Financial solut ions for business
development and expansion
Creating a funding platform for emerging and
mature industries.

9. In Medellin, the territorial development is
based on strategies that builds economic
systems and creates networks to develop
institutions and promotes entrepreneurial
dynamics under a cluster perspective.