Make engineering courses more flexible to promote more business skills.
Facilitate the entry of talent into Mexico, such as visas for entrepreneurs and researchers.
Financing
Despite the advances in the sector (53% of the Mexican companies interviewed consider that access to financing has improved in the last five years), the entrepreneurs interviewed consider it to be the second most lagging factor. On the one hand, the venture capital market is much smaller than its potential. In Mexico, 0.06% of GDP is invested in this market, while in Colombia and Chile, double that amount is invested in relative terms. On the other hand, the credit market for companies is limited.
In 2010, the percentage of credit to companies represented 21% of GDP thailand consumer email list while the Latin American average was 36%. As a result, entrepreneurs tend to finance their projects with personal and family funds (58% of ICT entrepreneurs declare that they have used personal funds). The reasons for these results are found in: the limitations of entrepreneurs to understand the requirements of the financial sector to have complete financial statements, corporate governance and financial transparency.
It is also explained by the low participation of individuals with a high investment capacity in the venture capital market. Mexican entrepreneurs prefer to invest in traditional sectors rather than in new markets, which has inhibited the creation of angel investors. Another barrier is the limited market access; for example, the requirements for making a public offering are complicated and are aimed at larger companies.
Align educational programs with the needs of entrepreneurs
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