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Acceleration in Mexico: Early Impacts on Mexican Ventures

Posted By Administration, Thursday, May 31, 2018
Updated: Wednesday, May 30, 2018

Acceleration in Mexico: Early Impacts on Mexican Ventures

With the support of Citibanamex Compromiso Social, GALI is working to increase understanding of acceleration and early-stage ventures in Mexico. This report includes application and follow-up information from 318 ventures operating in Mexico, contributed by 15 accelerator programs.

Data at a Glance:

  • Ventures that participated in accelerator programs experienced greater growth in revenues, full-time employees, equity, and debt on average compared to rejected ventures.
  • The majority of ventures reported no equity or debt growth at all, suggesting that a small number of strong performers are drawing up the average changes in equity and debt.
  • The impact of participation is meaningful for ventures with no prior-year investment; participating ventures increased equity three times more than rejected ventures, and debt five times more.
  • First-time accelerated ventures reported higher average revenue growth, while ventures that had been previously accelerated reported greater equity growth.
  • Invention-based ventures reported greater average equity growth, while non-invention-based reported higher revenue growth.

Read the full report here. 

Tags:  2018  accelerators  ANDE publication  GALI  mexico 

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