Last week I spent a few days in Mexico City to give a workshop on Transformative Storytelling and to mentor startup founders at the Smart Impact Accelerator. Here are some things that I learned from my visit:
- Many of the startup concepts from the groups that I mentored were derivative ideas of things that already exist elsewhere, whether they relate to e-commerce, social enterprise, or education. But that’s ok. It’s all about the execution anyway, and how the startups can learn to leverage their specific local knowledge and expertise to make their ventures work here in Mexico.
- There is a small but scrappy startup scene down here. The Mexican government is also putting money into supporting innovation.