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 thatâ€™s ok. Itâ€™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.