Medellin is the second-largest city in Colombia and the capital of the department of Antioquia. It is located in the Aburrá Valley, a central region of the Andes Mountains in South America. According to the National Administrative Department of Statistics, the city has an estimated population of 2.44 million as of 2014. With its surrounding area that includes nine other cities, the metropolitan area of Medellín is the second-largest urban agglomeration in Colombia in terms of population and economy, with more than 3.7 million people.
Medellin has the unique contrast of a vital and rapidly developing metropolis and vibrant nature, with spring like weather and an excellent tourism platform for congress, conferences, and general events. Between tradition and transformation it becomes a center for big business under innovation and entrepreneurship schemes. The city offers competitive costs and wellness, providing visitors with the best places for interaction of academic, professional, commercial, cultural, artistic, and social activities. Medellin was awarded the 2013 “Innovative City of the Year Award” in a contest run by the Wall Street Journal Magazine and the Urban Land Institute (ULI) for its implementation of sustainable innovation and a unique budgeting system.