On May 8, 2014, the IES Foundation was established as the majority shareholder of the company, participating in its Board of Directors, supporting the vision and strategic guidelines of the company. Among the most important results of these 4 years of joint work stand out; innovative agronomic practices that allowed for better yields per hectare than the regional average, and the adoption of innovative and sustainable environmental practices allowed the company to be seen as a model farm in the Central Valley of Tarija, generating positive externalities in the region.
In October 2018, the IES Foundation, in collaboration with the La Paz Maravillosa Agency and CECI, held the first Business Forum in the tourism field together with artisans from La Paz. The objective of this event was to boost the economy of these sectors, generating spaces for marketing, strategic alliances and innovation. Additionally, workshops were held for the artisans on business strategy, CANVAS model and preparation for the Business Forum.
FuckUp Nights came to Bolivia through the work and management of the IES Foundation, which from 2015 to 2019 organized more than 17 events in the cities of La Paz, Cochabamba, El Alto and Tarija, in which more than 60 exhibitors shared their stories of failure, and more than 1,400 people participated. Of these events, more than 13 were organized with businessmen and, due to the versatility of the methodology, 4 were held as special events with themes related to independent media, project evaluation, financing and international cooperation. The events sought to promote shared knowledge and experiences to generate valuable information for nascent entrepreneurs and already established businessmen, as well as to demystify failure as something bad in their lives.