Originally posted on LinkedIn
What if Ignia and Action Lab gave access to investment for some of the projects? ~100 million pesos 💸 for 3 to 5 projects per cohort?
I’ve been complaining forever that there’s no funding for small and mid-sized profitable businesses.
Today there are basically 2 options: You’re either an established company with a long track record (and you can access loans or private equity), or you’re a tech startup (and you can access VC).
But what about brands like the ones coming out of Vassar or EVA? They sell 100 to 2000 million pesos per year. They’ve been in the market for under 5 years. They have profits and scrappy teams — but no history.
Nobody gives them money. Banks run from them. Some solutions exist (Sempli, FinMaq | Financiamos su máquina, Finaktiva) but they don’t work for everyone.
Why are there no funds for these companies? In the Action Lab, we had several doing 200 to 500 million pesos per year with 40-50% EBITDA margins. Beautiful businesses — and nobody invests in them ❌
It could be debt or revenue share — these companies already have the cash flow to handle it. Old-school investing — put money into profitable companies.
I want to change this. I want to create a fund that invests in these businesses. I’ve talked about it with: Miguel Vanegas Torres, Luz Mila Lancheros Carvajal, Estefanía Abello Plata, CFA, Andrés Felipe Pulido
Am I crazy? What do you think?