The Endeavor Investor Network officially launched in Mexico on Oct 30th with the program’s first-ever gathering in the country. Endeavor convened 25+ high-growth companies from Mexico and 25+ investment firms from the US, Europe, Mexico and the rest of Latin America for a one-day event focused on key growth sectors and investment opportunities in Mexico. Held at The Four Seasons Hotel in Mexico City, the morning’s program featured several of Mexico’s most successful Endeavor Entrepreneurs – HDS, Enova, Vicky Form & Naranya – as well as a star-studded panel on “Doing Business in Mexico” featuring Endeavor mentors Jean Michel Enriquez (CREEL), César Pérez (Southern Cross Group),Miguel Ángel Dávila (Latin Idea), and John Farrell (YouTube).
The afternoon was devoted to the Endeavor Investor Network’s signature “Speed-networking” session – matching entrepreneurs and investors together by geography, sector and stage – for quick 10 minute connections. Overall, more than 300 customized investor-to-entrepreneur connections were made in just a few short hours. A cocktail reception sponsored by BCG rounded out the day’s activities.
Held in conjunction with the Mobile Summit Mexico on October 31st, the Endeavor Investor Network gathering was generously supported by CREEL, the Inter-American Investment Corporation, and Mexico Ventures. Launched in April 2011, the Endeavor Investor Network is an invitation-only, annual membership program designed specifically for venture capital and growth equity firms. During this week’s event, Endeavor welcomed nine new Mexico-based investment firms as the newest members of the Endeavor Investor Network: Alta Ventures; Angel Ventures Mexico; Capital InventMx; Founders into Funders; GBM Global; Latin Idea Ventures; Naranya Ventures; PC Capital; and Venture Partners.
Notably, three of the nine new members are investment funds led by Endeavor Entrepreneurs themselves. Heberto Taracena Ble (InventMx); Juan Manuel Alvarado (Founders into Funders); and Arturo Galvan (Naranya Ventures). According to Endeavor’s Global Network Vice President Allen Taylor, “to see Endeavor Entrepreneurs like Heberto, Juan Manuel and Arturo launching their own investment funds represents a very exciting step for Endeavor – and for the ecosystem in Mexico. Who better to help fund the next generation of great start-ups in Mexico than these types of High-Impact Entrepreneurs.”
With investors joining places like San Francisco, New York, and London, as well as Sao Paulo, Buenos Aires and Montevideo, several entrepreneurs noted that the event truly was the “first-of-its-kind” in Mexico. Endeavor Mexico MD Pilar Aguilar was encouraged by the day, added that “we hope this is the first of more to come!”In addition to joining the Mobile Summit Mexico event on Oct 31st, several investors also continued on to Bogota, Colombia for an event hosted by Endeavor Colombia.
The next gatherings of the Endeavor Investor Network will take place in Istanbul, Turkey in early December and Sao Paulo, Brazil in late January 2014. For more information, contact firstname.lastname@example.org.