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The team has identified the needs in nurturing both innovation and entrepreneurial capacity of the human capital through the encouragement of Innovation-Driven Enterprises (IDEs). Their recommendation was to develop an ecosystem to nurture innovation and entrepreneurship culture, being active in:

1. Detecting and accelerating local talent
2. Transforming forms of knowledge into applicable sources of profit
3. Increasing regional GDP through innovation productivity ○ Solving social problems

Answering all these challenges was the creation of an incubator that would specifically train its participants in the creation of tech-based IT solutions (to target innovative capacity) and businesses (entrepreneurial capacity boost).

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Victor H. Moctezuma Aguirre
Champion
CEO - HUB iLab
Leonel Azuela
Founder-Managing Partner - Community & Loyalty Solutions QUAXAR
Jose Antonio Mansur
Vice President - Puertos Estado de Veracruz GOBIERNO DEL ESTADO DE VERACRUZ

Team Strategy

  • Challenge & Opportunity
  • Strategy & Action
  • Ongoing Progress
  • 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.

Strategic Intervention(s):

  • 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:

Increasing Social Mobility through Innovation

iLab was constituted as an accelerator-incubator whose aim was to provide a world-class education to motivated students regardless of age and background to create IDEs and promote socio-economic development through entrepreneurship.
The iLab project started activities with three mandates: (1) foster regional innovation and entrepreneurship, (2) create start-ups to sustain upward social mobility, and 3) spread education and to offer consulting services to the industry.
Starting 2016 team’s vision expanded to exploit Mexico’s demographic advantage while taking advantage of the demand for technology adoption and transfer between industries by tackling three main objectives:
•To speed up businesses and technology design to be competitive in the international markets
•To insert the youth productively within the innovation ecosystem
•Closing the skills gaps for emerging entrepreneurs and intra-entrepreneurs at SME’s
iLab is a for-profit social business organization and operates as a business consultancy bureau. Its intervention methodology, tools, and processes were developed by the systemic design approach. Its implementation tools cover various methodologies around Open Innovation, Business Model Design, Sustainable Product Design, and the implication on Cultural Organizational Change.
iLab’s approach consists of an integrated consultancy and education service focused on learning by doing, which allows concrete results in a short time.
We work in three areas:
1) Fostering a business process for creating executive change teams and generating strategies or products from agile design cells, innovation laboratories, or co-design sessions.
2) Innovating in technological products and circular business models to create high-impact startups and the human talent that forms companies.
3) Opening spaces such as forums, webinars, workshops, content design, tools, and everything allows us to share knowledge with those seeking to make a difference in the world through Innovation.
We encourage participants to develop Innovation that allows them to exploit a business opportunity that evolves into a company. iLab sessions enable participants to learn in a guided environment where they quickly discover, or construct solutions based on experimentation.

Core Regional Metrics

Economic & Social Progress

Social progress and economic prosperity as a collective measure of development in a region.

OECD
OECD
OECD

Innovation-Driven Entrepreneurial Ecosystem

Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.

Innovation Capacity

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

Performance

OECD
World Bank - WDI

People

-Pool of innovators
-Education in tech and commercialization

OECD

Funding

-Funding for research
-Government programs

World Bank - WDI

Demand

-Nature of established companies in region

World Bank - WDI

Policy

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

Entrepreneurial Capacity

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

Demand

-Government, corporate and consumer demand for new products and services

World Bank - WDI

Funding

Coming soon!

People

Coming soon!

Policy

Coming soon!

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

Team News

June 26, 2023

iLab revenues support a myriad of social innovation programs through a three-dimensional strategy

READ MORE
April 10, 2016

HUB iLab Veracruz

READ MORE