Colombia’s Ecoflora, founded by Endeavor Entrepreneur Nicolás Cock Duque, recently achieved an industry milestone with its CapsiAlil agropesticide, the first Colombian product of its kind to be approved for sale by the U.S. Environmental Protection Agency. This news illustrates the potential for high-impact entrepreneurs in emerging markets to innovate industries and create products that can have global appeal.
One of several agro-product offerings developed by Ecoflora, CapsiAlil is a repellent and natural insecticide produced mainly from active ingredients found in several varieties of plant families. The product is unique in its management of insects in a wide variety of crops, from coffee to corn, with organic, non-toxic and plant-based ingredients. Ecoflora has been a pioneer in its sector in Latin America dedicated to the development of innovative solutions for the effective and sustainable protection of crops based on active substances obtained from botanical biodiversity.
“This is a very significant achievement for our company, our researchers and for the country in general, because it demonstrates that Colombia has the ability to deliver high added value and world-class technological innovations,” stated Nicolas in a statement.
Originally a family-owned flower business established in 1998, Ecoflora presented Nicolás – a civil engineer by trade – with the opportunity to develop commercial and sustainable products for the horticultural industry. By 2012, the company had over 15 major products in its portfolio, ranging from EdiBlue, a food and beverage colorant, to Myrica Waxm, a berry extract that can be used as a base in cosmetics and soaps. Having struck partnerships with universities, government institutions and laboratories to develop its products and promote agricultural research, Ecoflora is uniquely positioned to bridge barriers to scale in the region and take its niche market to a global stage.
Since being selected as an Endeavor Entrepreneur in 2007, Nicolás has been an active network member, receiving local publicity support and mentorship while also participating in the eMBA and G-Lab programs, the 2013 Endeavor Summit, and more.
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