The MIT REAP team from Veracruz consists of a core group that is in charge of the definition and design of the regional strategies. The team also includes a separate logistics group composed mainly of employees from the champion’s office, who have the experience and contacts to execute the strategies at the right time and with high-quality standards. To learn more about the team’s strategy please visit the “Team Strategy” tabs below.
Innovation Ecosystem Stakeholder Model
Victor H. Moctezuma Aguirre
Champion CEO - HUB iLab
Founder-Managing Partner - Community & Loyalty Solutions QUAXAR
Jose Antonio Mansur
Vice President - Puertos Estado de Veracruz GOBIERNO DEL ESTADO DE VERACRUZ
Challenge & Opportunity
Strategy & Action
The team identified a need to create networks within the ecosystem, and saw an opportunity to gain help by engaging more stakeholders in a unified set of activities. The team hoped to create strategic alliances through MIT REAP, both inside and outside of the region.
The team analyzed the large industries dominating their state and the entrepreneurial ecosystem and found a need to connect with a younger, entrepreneurial community.
Team Veracruz rated Mexico’s innovative capacity as lower than the world median in all categories (people, funding, infrastructure, policy, culture, demand).
Funding was the most significant challenge in creating an innovation-based ecosystem, both because corporate spending on R&D was low compared to other regions, and because the government has had limited success in promoting ICT in the past.
The team showed that the demand, particularly in IT, was present and significant.
The team launched a hackathon focused on strategies for communication during natural disasters, to bring members of that community together and better understand what young entrepreneurs needed to be successful and to have an impact on the region.
As a result of the team’s analysis, in January of 2014, iLab Veracruzwas launched
The innovation center is supported by the state government and provides the necessary tools for students and entrepreneurs to turn their ideas into sustainable business models and further their skills in information technology and communication.
Please see below for the short study on the Mexican innovation Hub iLab:
Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.
Ability to develop new to the world innovations from inception through to the market.