Thanks to a host of government reforms and the energy of its vibrant young population, Bogotá is consolidating its position as a major Latin American startup hub. Startups in Bogotá raised the second-highest amount of those in any city in the region between 2010 and 2019 — US$1.76 billion —according to Invest in Bogota. The Colombian capital is increasingly drawing foreign direct investment. The Financial Times’ 'American Cities of the Future 2021/22’ ranked Bogotá as the second most important city in Latin America, based in large part on the city’s ability to attract foreign capital. This energy and interest is in part in response to a number of moves by the government, including its January 2021 Entrepreneurship Law aimed at streamlining the process of setting up a company and supporting small and growing businesses. The government's Business   Growth Management Unit (iNNpulsa Colombia) aims to accelerate high-potential ventures with financing and other initiatives, including its new CEmprende laboratory and Apps.CO, a digital entrepreneurship program created in partnership with the ICT Ministry of Colombia. Bogotá is also home to a range of other startup support organizations and events. The Founder Institute, one of the world's largest pre-seed accelerators, has programs in Bogotá. HubBOG offers co-working space, training, and mentorship. Its Angel Investors Club has graduated more than 140 startups, including Tappsi, TransmiSITP, LasPartes.com, LentesPlus, and Undertrail. Open Innovation Summit brings together startup ecosystem players in Bogotá, while Devcon gathers the community around Ethereum and blockchain technology.