Mexico City is truly a GREAT place to build a startup, but most of the early-stage entrepreneurs are not aware of the local resources that are available to help them.
With applications for the Mexico City Founder Institute now open, we are excited to release the Mexico City Startup Ecosystem Canvas, which is currently in Draft v1 below! It was developed by the Mexico City Founder Institute and local leaders Lorena Sanchez Garcia and José Antonio Tena Sendra .
This is just a DRAFT, and while we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list. There are definitely omissions on this current version.
Are you looking to build a startup in Mexico City? Then apply to the Mexico City Founder Institute today !
Text version included below, for ease of searching:
Startup Stages
There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.
1. Idea Stage
This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
A. Inspire
- Startup Media: Centralized local information, listings, and news. (ie startup blogs / publications / lists / FB groups / newsletters32)
- Inspirational Events: Open, inclusive, beginner startup events (ie Startup Weekend, idea fairs, and inspirational meetings)
- Blockchain Meetup CDMX
- IoT Community Mexico
- Creative Mornings
- Girls in Tech Mexico City
- Global Ventures Summit
- Google Developer Group UNAM
- Meetup We-Co Mexico
- Mexico City IoT Meetup
- Mexico City JVM Group
- MUKTEK
- MUTEK MX
- NodeBots Mexico
- Startup Week Mexico City
- Startup Weekend Back2Basics
- Startup Weekend Education Mexico
- Startup Weekend FinTech Mexico City
- The Data Pub
- Women Who Code Mexico City
B. Educate
- Best Practices: Beginner knowledge-sharing events. (ie beginner events that serve to educate more than inspire, like 1 Million Cups, Startup Grind, Startup Founder 101, etc).
- Agile Mexico Meetup
- Big Data Developers Mexico City
- Docker Friends Mexico City
- Eventloop Mexico City
- Growth Hack Mexico City
- Mexico City Startup Entrepreneurs
- Mexico City Startup: Idea to IPO
- PHP Mexico
- ProductTank Mexico City
- National Network Mexico Emprende
- Startup Founder 101 Mexico City
- Startup Grind Mexico City
- Training & Feedback: Skill & Idea development. (Ex. Bootcamps and comprehensive training programs, like Founder Institute, General Assembly, Lean Startup Machine, code camps, etc)
- Amazon Web Services Mexico
- BEDU
- Business Coaching Firm
- Code Ninja
- CodeaCamp
- CodingNomads
- Collective Academy
- DATA Management Mexico
- DataCivica
- DigitalOcean Mexico
- Dev F.
- Epic Queen
- Founder Institute
- Ironhack
- Laboratory
- Lean Startup Machine
- Startupbootcamp FinTech Mexico City
- Verbo Mata Carita
- World Tech Makers
C. Validate
- Team Formation: Resources for teaming up. (ie events or other resources that facilitate early-stage recruitment and cofounder matching)
- CoFoundersLab
- Community of Socially Responsible Startups
- Meeting of Entrepreneurs and Networkers CDMX
- Endeavor® Mexico
- Entrepreneurs' Organization
- FounderDating
- FuckUp Nights
- GirlPower
- Innohub Mexico
- Freelance and Entrepreneur Meetup in Mexico City
- Startup Teams in the Historic Center
- Makers afternoons
- The Founding Moms' Exchange
- The Pool Mexico Entrepreneurs Club
- Build First Product: Hackathons & resources to build. (ie hackathons and other builder-focused events and resources)
- 2017 Mexico City Mobile Health Hackathon
- AngelHack Global Hackathon Series: Mexico City
- Avaya Hackathon Developers 2017
- Fishackathon
- Girls in Tech Mexico City Hackathon
- CDMX hack
- HACK UNAM 2017
- Hack the World Mexico City Virtual Hackathon
- Hackathon Telcel Infinitum
- HackerNest Mexico City Tech Socials
- HackrobotsMX
- Hacks / Hackers Mexico City
- Indigitous Hack
- Kandy.io IoT Hackathon
- MXHacks
- Talent Fest CDMX Hackathon
2. Launch Stage
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
A. Start
- Establish: Law firms & banks for startups
- Workspace: Co-working and flexible workspaces (note: "official" office space goes in 3.1.a. Infrastructure)
B. Develop
- Formalize: Accounting, development and HR for early-stage startups.
- Prepare for Seed: Incubators and advanced mentorship. (ie advanced knowledge sharing, later stage events and resources for startup TEAMS)
C. Launch
- Seed Accelerators: Seed funding mentor programs (Techstars-style programs that provide funding)
- Pitch & Demo: Show local startups for investment (ie demo days for companies seeking seed investment)
3. Growth Stage
Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
A. Recognition
- Investor Networking: Connect professional investors with founders. (ie events or groups that facilitate connections with professional investors)
- Major Media: Mainstream local business press. (ie major local or regional publications that frequently local businesses)
B. Funding
- Angels / Micro-VCs: Seed-stage investors
- Abel Bezares
- Alberto Alcaraz
- Alejandro Diez Barroso
- Alejandro Galvez Rico
- Alejandro Rocha Bracamontes
- Alessandro Paganini
- Alex Rossi
- Alvaro Rodriguez Arregui
- Andres Chico
- Andres Gavito Aspe
- Anna Raptis
- Antonio Osio
- Armando Badillo
- Benjamin Garcia
- Bismarck Lepe
- Caribou Honig
- Carlos Paz
- Christian Hauswaldt
- Cristobal Perdomo
- David Garcia
- Debasish Karmakar
- Emilio Manchón
- Enrique Vera del Castillo
- Erik Wallsten
- Fabricio Pettená
- Fernando Fabre
- Francisco Flores G.
- Francisco Velazquez de Cuellar
- Gabriel Mizrahi
- Grant Taylor
- Guillermo Zambrano
- Gustavo Trevino Milling
- Heberto Taracena
- Hector Sepulveda Reyes Retana
- Hernan Fernandez
- Israel Cerda
- JP Duque
- Jacques T'S
- Javier Arrechea
- Javier Chavez Ruiz
- Jonathan Lewy
- Jorge A. Ortiz
- Jorge Gonzalez Gasque
- Jose Bolaños
- Jose Eduardo Guraieb Monroy
- Juan Franck
- Juan Pablo Gonzalez Gasque
- Juan Pablo Zorrilla
- Luis Cervantes
- Luis X Barrios
- Manolo Atala
- Maria Ariza
- Marianela Molina
- Nazar Yasin
- Paul Ahlstrom
- Per se Capital
- Ramon Garcia Quintana
- Renzo Casillo
- Ricardo Elizondo
- Ricardo Laborin
- Rodrigo Ocejo
- Rogelio De los Santos
- Sandra Sainz
- Santiago Fossatti
- Sebastian Carducci
- Sebastian Miralles
- Tony Jimenez
- Venture Capitalists: Series A and beyond
- Acon Investments
- Adobe Capital
- Advent International
- ALLVP
- Alta Growth Capital
- Alta Ventures Mexico
- Angel Ventures
- Angel Nest
- Asenza Capital
- Avalanche Ventures
- Axon Partners Group
- B37
- Beamonte Investments
- Brainstorm Ventures
- Indigo Capital
- Capitalinvent
- Carao Ventures
- Capital Cube
- Dalus Capital
- DaVinci Capital
- Dila Capital
- EMX Capital
- Endeavor Catalyst
- Enture
- Scale
- Evercore Partners
- Fund of funds
- Founders Into Funders
- General Atlantic
- Gerbera Capital
- Global Proteus
- HIG Capital
- Ideas and Capital
- IGNIA
- Innovateur Capital
- Investo
- Jaguar Ventures
- Linzor Capital Partners
- LIV Capital
- Lottus Capital Partners
- Mountain Nazca
- NEWGROWTH FUND
- New Ventures Mexico
- Nexxus Capital
- Northgate
- NXTPLABS
- OnVentures
- Paul & Co. Capital Advisors
- PC Capital
- Pedralbes Partners
- PineBridge Investments
- Social Promoter Mexico
- QED Investors
- Richmond Global Ventures
- Rise Capital
- Seaya Ventures
- Planting Capitals
- Spectron Development
- Stella Maris Partners
- SV Latam Capital
- Temasek
- Tempest Capital
- Tera Capital
- Trebol Capital
- Variv Capital
- Vento Capital
- WAMEX
- XBVentures
- Xochi Ventures
C. Growth
- Infrastructure: Office space, HR, local business insurance. (ie office space / HR / insurance providers for capital-rich companies to grow and scale)
- Expansion: Growth accelerators / consultants. (ie programs and business consultants for capital-rich companies to grow and scale)
4. Success Stories
Successful homegrown companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.
- Appli
- Bitso
- Boletia
- Ben & Frank
- Cabify
- Clip
- CompareGuru
- Conekta
- Collective Culture
- Cornershop
- Enlight
- Gaia Design
- Grin
- Hostspot Analytics
- Konfio
- Kueski
- Kavak
- kubo.financiero
- Linio
- Luuna
- Mimoni
- Miora
- Nexu
- Nubity
- Petsy
- Rappi
- Rocket
- SinDelantal
- Mr. Payment
- TiZKKA
- Uniko
- Wizeline
- weex
Supporters
To facilitate the steps, every ecosystem needs strong supporters.
1. Evangelists
Successful local founders who lead the ecosystem & frequently mentor newbies.
- Amanda Jacobson
- Angel Ramirez
- Antoine Cocle
- Cristian Lloret
- Eduardo Alvarez
- Eduardo Morelos
- Guillermo Garcia Vivanco
- Jaime Lezama Elguero
- Jair Ziranda Angel
- Joel Cano
- Jorge A. Ortiz
- Jose Antonio Tena Sendra
- Juan Carlos Cardoso Riveroll
- Juan Francisco Del Cerro
- Juan Jose Roesel
- Laura Curiel Piña
- Laura Gonzalez Yepez
- Lorena Sanchez
- Luis X Barrios
- Marcus Dantus
- Maria Fernanda Gandara
- Maria Fernanda Ramirez Castillo
- Newton Davis
- Oscar Velazquez
- Pablo Lascurain
- Rene Lomeli Ojeda
- Santiago Zavala
2. Government
Public organizations that facilitate local economic development
- CDMX Government Innovation Agenda
- American Chamber of Commerce of Mexico
- Australia, New Zealand & Mexico Business Council
- British Chamber of Commerce in Mexico
- Chamber of Commerce of Canada in Mexico
- Chamber of Commerce of the City of Mexico
- Conacyt
- FONDESO
- INADEM
- INFOTEC
- Laboratory for the City
- Mexico Emprende
- Mexico IT
- Secretary of Science, Technology and Innovation CDMX
- Secretary of Economic Development CDMX
- United States-Mexico Chamber of Commerce
3. Talent
Major local business or tech universities and employers that attract and retain local talent.
- Local Universities (universities with prominent technical or business programs)
- National Polytechnic Institute
- Instituto Tecnologico Autonomo de Mexico
- Monterrey Institute of Technology and Higher Education Campus CDMX
- University of the Americas
- Anahuac University
- Autonomous University of Mexico City
- Autonomous Metropolitan University
- Ibeoamerican University
- La salle university
- National Autonomous University of Mexico
- University panameric
- Technological University of Mexico
- University of the Valley of Mexico
- Local Employers (Major technical employers, like Microsoft or Google or large local companies, with large local offices)
Learn more about the Startup Ecosystem Canvas here , and leave us your thoughts on the Mexico City Canvas on this collaborative Google document (This is just a DRAFT, and more input is needed!)