Over the last 10 years, more than 280,000 startups worldwide, including Mexico, have participated in a program that has allocated more than 440 million dollars in credits to support founders in Latin America. This access has allowed Mexican startups like Stori to scale rapidly through cloud technologies, facilitating credit assessment and expanding financial inclusion in the country. The goal is to establish the foundations to attract greater investments in technology, foster talent development, and position itself as a reference in digital innovation both locally and globally.
"Today's startups will be tomorrow's leading organizations, so it is crucial to support them in continuing to build the future," highlights a sector spokesperson. There has been a consistent growth in investment aimed at empowering founders, reflecting the maturity of the startup ecosystem in Mexico. Technological infrastructure, which used to be a challenge for the scalability and success of startups, especially in highly regulated sectors such as Fintech or health, has seen significant advancements.
The deployment of data centers in Mexico is unlocking the innovation potential of startups in regulated industries, such as Fintech and health, by ensuring data residency to comply with regulations, as well as minimal latency that benefits sectors such as telecommunications or entertainment. The AWS data center cluster in Querétaro is an example, with an investment of over 5 billion dollars supporting local technological development and helping startups move forward with advanced infrastructures from national territory.
Despite these advancements, venture capital investment has continued to grow in Mexico, reaching 970 million dollars last year, according to the Mexican Association of Private Capital (AMEXCAP). This growth has fueled the creation of new startups in various sectors, including those that use advanced technologies such as Artificial Intelligence in multiple use cases. However, the growth and development of these organizations have not been without challenges in a constantly evolving entrepreneurial ecosystem.
Mexico has established itself as one of the most dynamic ecosystems for startups in Latin America, highlighting the importance of technological infrastructure in their transformation. Examples like Jüsto, Kavak, or Konfío emphasize how technological infrastructure has been a key factor in their development. The deployment of this infrastructure lays the groundwork for long-term transformation that must be complemented with programs for access to advanced technologies, such as the cloud, so that founders can experiment with platforms and continue to innovate without significant financial barriers.
