| Álvaro Velasco | |
| Birth Date: | March 3, 1971 |
| Show-Medals: | yes |
Álvaro Augusto Velasco Alzate (born March 3, 1971) is a retired male weightlifter from Colombia, who thrice won a medal for his native South American country at the Pan American Games: in 1991, 1995 and 1999. He twice competed at the Summer Olympics (1992 and 1996), finishing in 12th place in the men's middleweight division in Atlanta, Georgia (1996).