Wednesday, November 18th, 2015
7:30pm - 10:30pm | New World Center

Colombia’s Bodytech Named EY Entrepreneur of the Year in Colombia

bodytech Nicolas Loaiza Galeano and Gigliola Aycardi Batista, Colombian entrepreneurs and founders of Bodytech, were recently named EY Entrepreneurs of the Year in Colombia, recognizing the company’s innovative business model and impact on the region’s economy. The chain of health and fitness centers has grown to include locations in Chile and Peru and currently employs over 3,500 people.

 

Based in Bogotá, Bodytech recently announced plans for expansion in five Latin American countries as the business prepares to become a publicly listed company. By integrating health and fitness services, BodyTech is more than just a gym – the health club has grown to offer multiple solutions in the medical arena as well. After realizing the potential in Latin America’s health sector to create a tailored chain of clubs, the pair took a risk on the idea and turned their graduate school thesis into Bodytech.

Now with 58 Colombian locations spanning major metropolitan areas including Bogota, Medellin and Cartagena, Bodytech also maintains 39 locations in Chile and 10 in Peru and is looking to enter Ecuador, Costa Rica and Panama by 2015. Projecting to grow to over 200,000 members and 150 fitness centers in the next few years, the company has also set its sights on revenue goals of $150 million as it builds upon its membership.

EY, an Endeavor global partner, has been hosting the EoY Program for over two decades, expanding it to more than 50 countries with awards presented annually to over 900 of the world’s most successful and innovative entrepreneurs.

With access to the right resources, Nicolas and Gigliola are a testament to the high-impact potential of emerging market entrepreneurs and have been active members of the Endeavor network since their selection in 2007. The team has received expert advice and support from Endeavor’s eMBA, G-Lab and ECLA programs, with specific guidance given on the strategic planning and execution of the brand’s fitness training institutions.

Read more about Bodytech’s EY honor in El Tiempo.

Gigliola and Nicolas at the EY EoY Awards event