- NUMA’s international community expands to Mexico City through a joint-venture with Mexican top startup accelerator, Venture Institute, founded by Federico Antoni, and Fernando Lelo de Larrea, to launch NUMA México.
- NUMA México will play a leading role as a catalyst between startups, communities and corporates in the entrepreneurial ecosystem.
- NUMA México launches a crowdfunding campaign to raise MXN$700K to open the first free coworking space for entrepreneurs in the country. A meeting space to bring together the startup,VC, and corporate community.
- NUMA México will be a key hub of NUMA’s global innovation network, aiming to spread the spirit of innovation and entrepreneurship in all Latin America.
Mexico City, April 6, 2016 – Venture Institute, founded by Federico Antoni and Fernando Lelo de Larrea, joined forces with french ecosystem accelerator NUMA to launch NUMA México, and speed-up the consolidation of Mexico City’s entrepreneurial ecosystem. Starting today, Venture Institute becomes NUMA México and strengthens its startup accelerator, corporate, educational and community programs.
This joint-venture brings together Venture Institute’s 5 years expertise in the Mexican ecosystem with NUMA’s 15 years of experience in France and international markets. “We are excited about announcing our joint-venture to present NUMA México. Mexico City will be the gateway to the 400 million Spanish speaking consumer market for startups in Mexico and Latin America”, says Federico Antoni, founding partner at Venture Institute.
“Mexico shows all the signs of an entrepreneurial ecosystem on the brink of exponential growth. The team at Venture Institute has an impressive track record and is incredibly passionate about spreading the entrepreneurial mindset. Together we hope we can help the city to pass the tipping point. The connection to Europe and other growing ecosystems will give fresh market opportunities to Mexican entrepreneurs“, adds Frédéric Oru, International Director at NUMA.
Mexico City is NUMA’s fifth international endeavor,following openings in Moscow (Russia),Bangalore (India), Casablanca (Morocco), and Barcelona (Spain). Building on the success of NUMA Paris, NUMA will expand its global network to 15 cities during the next three years, aiming to accelerate 700 companies, install 250 open innovation programs for corporates, and thrust entrepreneurial communities.
BUILDING A STRONG COMMUNITY
Building a strong entrepreneurial community is a core activity at NUMA México, in order to create a sustainable ecosystem. NUMA believes in the pay- it forward culture, where successful entrepreneurs share their knowledge, discoveries and experiences, and serve as inspiration for other founders that are just starting, and people with an entrepreneurial drive. NUMA México collaborates with all of the actors involved in the entrepreneurial ecosystem; startups, education institutions, both large enterprises in the tech industry and companies with an innovation mindset, government, incubators, accelerators, Venture Capital funds, andAngel investors.Creating a large network of mentors and people who share the conviction that collaboration is the fastest way to innovation. Globally, NUMA hosts 1,400 events per year, bringing together 80,000 attendees.
CO-CREATE A WORK SPACE – CROWDFUNDING CAMPAIGN
NUMA believes in openness and diversity. To that purpose, NUMA México Startup Mansion – a 1,000m2 space located in Campeche 233, Hipódromo Condesa, Mexico City- will be open to all startup founders, corporates, SME’s, communities and public institutions to consolidate a sustainable entrepreneurial ecosystem. “We are raising MXN$700Kto truly fulfill our mission of co-building an open and collaborative entrepreneurial community. NUMA México will offer free coworking space for startup founders, and will open its doors to serve as a meeting point for all the actors involved in the ecosystem”, said Coni Riveros, General Manager at NUMA México.
Applications for NUMA México’s first batch will open inApril, and next July 20 startups will join its portfolio in a 5 month long accelerator program in exchange of a small percentage of company equity. NUMA México will give entrepreneurs the opportunity to benefit from 1,000m2 at the heart ofthe Mexican financial, innovation and startup capital. NUMA México accelerator program will attract 40 startups to Mexico City on a yearly basis, from Mexico, Latin America, and international founders, whose value proposition appeals to the spanish speaking market. “With 130 companies in our portfolio, NUMA México, formerly Venture Institute, is the most active startup accelerator in the country,” said Fernando Lelo de Larrea, founding partner at Venture Institute.
INNOVATING WITHIN LARGE COMPANIES
Shifting enterprise mindset to build an innovation culture via training, intrapreneurship and open innovation will also be one of NUMA México’s main goals. In 2015, NUMA doubled its corporate innovation team and developed no less than 60 projects involving large worldwide companies.“If Companies wantto grow or simply to exist in the future, they need to reinvent the way they innovate: their processes,their methods,the role of their employees and partners and their management system. The good news is that entrepreneurs are everywhere and companies understand more and more that the key to Digital Transformation is Entrepreneurship and not Technology.” Claudio Vandi, Director of innovation programs.