Founder Institute Launches 28th Chapter: Mexico City

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Today we are excited to announce our 28th location, and first in Mexico - Mexico City! The first ever Mexico City Founder Institute is just around the corner, as the 4-month program is slated to start on October 15th. The program is open to existing and prospective technology founders of all kinds - with or without an idea, young or old, and with a full-time job or unemployed.

If you or someone you know could benefit from expert training and feedback to launch a technology startup in Mexico City, click here to apply. The Early Application Deadline is Sunday, August 26th.

Mexico City is primed for a program like the Founder Institute to help jumpstart the local startup ecosystem. There are several stakeholders interested in providing resources for startups, including for example, The Ministry of Economics, which just opened the Fondo de Capital Semilla (or "Seed Fund for Startups") where the government will match investments from some accelerators and venture investors. Earlier this week Dave McClure's 500 Startups also acquired Mexican.vc to tap the abundance of talent in the country’s growing trillion dollar economy.This is all part of a growing community of entrepreneurs that is working to transform the local Internet industry from one that merely provides low value-added services, to one that is innovation-based.

The Mexico City chapter will be led by Oscar Velázquez and Hernando Guzman. Oscar is the CEO of the Sustainability Accelerator in Mexico City, and the Founder of Jardin de Innovacion, both organizations dedicated to support sustainable entrepreneurs. Hernando is a startup veteran, currently the CEO of SinTrafico.com, the first real time traffic information platform in Mexico, and an Associate at Latin Idea Ventures, one of the leading Venture Capital Funds in Mexico.

Expected Mentors for the program include;