Home / LATEST NEWS / Baja California State Government Strengthens Capitalization of Technology-Based Projects

Baja California State Government Strengthens Capitalization of Technology-Based Projects

-Editorial

To connect technology-based projects with national and foreign investment funds, the Ministry of Economy and Innovation (SEI) held the “Demo Day Baja” event in Valle de Guadalupe with the participation of 13 companies, 4 investment funds, in addition to investor and business groups, reported the Undersecretary of Investment Management, Rodolfo Andrade Pelayo.

The selected companies offer innovative product or service solutions and are seeking capital for scaling up in the technological areas of software as a service, finance, insurance, agribusiness, medical, education, tourism, and logistics.

The undersecretary explained that there was previously a similar event in Mexicali where 6 projects participated, managing to link a company that is in the process of raising capital. The “Access to Venture Capital” training was also carried out, in which entrepreneurs were trained in the capitalization of their companies with topics such as growth strategies, investment ecosystems, the definition of the legal mechanism, and company valuation.

And recently a work agenda was held in Silicon Valley where the companies in the ecosystem linked up with two capital funds: Nido and Balero Ventures.

In “Demo Day Baja” the “Bluebox” funds participated, a strategic partner for Latin American entrepreneurs with a focus on the environment, finance, health, beverages, and food, among other activities, mainly in the early stage and with the interest in channeling inflow amounts of 50 thousand dollars.

On the other hand, “Billioneurons” is a 30 million dollar fund focused on projects related to finance and supply chain that attends to cases with growth and expansion potential in Latin America.

The “Global 500” fund focuses on technology-based companies from their incubation and finally the angel investor “Javier Cabrero” attends to projects that are in an early stage.

As part of the sources of capital, members of the group of “Baja California Investor Angels” were added, made up of businessmen and businessmen from Baja California, who completed training at the “Manos Accelerator” incubator in Silicon Valley, and are interested in learning about projects technology-based innovators such as software development, call centers, industrial development, law firms, business centers, and information technology.

Members of the Mexican Association of Private Capital (AMEXCAP) were also present, who will be able to link these projects within the association that they represent as well as other funds and angel investors.

Check Also

Technological Integration in the Welfare State: Medical Advances for a Balanced Life

By: Dr. Elton Gómez, Specialist in Regenerative Medicine. In the constant pursuit of improving human …

Leave a Reply

es_MX
en_US