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Mexico's First Venture Capital Conference to be Held in Monterrey, Mexico
 Business Wire
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April 07, 2010
Monterrey, Mexico - Mexico’s first Venture Capital Conference will be held on April 20-22, 2010, at the EGADE business school in Monterrey, Mexico.
The 2010 Monterrey Venture Capital Conference will bring together leading entrepreneurs, innovators, captains of industry, investors and policymakers from Mexico and the United States. The conference will share knowledge and discuss the growth and future of Mexico’s venture capital industry. The goal of the Monterrey Venture Capital Conference is to increase awareness of Mexico’s venture capital industry and strengthen relationships on both sides of the border.
The first day of the Monterrey Venture Capital Conference will consist of key industry announcements and will also bring top entrepreneurs the opportunity to present their projects and business ideas to potential investors. The second day of the conference will bring together key industry leaders and policy makers to address and discuss specific ways to improve Mexico’s entrepreneurial environment and questions such as:
• What is Mexico’s current investment climate?
• Can Mexico make the necessary changes to achieve 8 percent growth?
• Which financial institutions are ready to invest in Mexico’s entrepreneurs?
• What is being done to open up the internal and external capital sources for small and medium businesses in Mexico?
Keynote speakers and panel participants for the conference include: United States Ambassador Carlos Pascual; Carlos Dominguez, Senior Vice President, Cisco Systems; Guillermo Babatz, President of the Mexican National Banking and Securities Commission; and Josh Lerner of Harvard Business School.
Speakers and conference participants will discuss how the venture capital industry can be a catalyst for a stronger Mexican economy. Additional conference participants include members from leading venture funds, entrepreneurial organizations and political groups including: Draper Fisher Jurvetson, Ignia Capital, Alta Ventures Mexico, Intel Capital, Gerbera Capital, Enlace E+E, Thomas Weisel Venture Partners, Mexican Fund of Funds, Peru Public Pension Fund, StepStone Group, Endeavor Mexico, Endeavor Global, AMEXCAP, Tecnologico de Monterrey, NAFIN, Inter American Development Bank/MIF, LAVCA, Brigham Young University, CONACYT and Mexico’s Ministry of Economy.
A strong Mexican economy is also good news for the United States. Mexico is the United States’ number two purchaser of US exports. States impacted the most by Mexico are the southwestern states, such as Arizona, California and Texas. Arizona posted exports of $4.5 billion to Mexico, 32 percent of the state's total export shipments in 2009.1 California exported $17.5 billion of goods to Mexico in 2009, representing 15 percent of California's goods exports.2 Mexico received exports of $56.1 billion (34 percent) of Texas' total merchandise export total in 2009.3 The value of Texas' trade with Mexico alone is larger than the world trade totals of every state but California and New York.
The MVCC is hosted by Alta Ventures Mexico, the Tecnológico de Monterrey, and the U.S. Consulate General Monterrey. The MVCC conference will be held at EGADE (Escuela de Graduados en Administracion De Empresas) Ave. Eugenio Garza Laguera y Rufino Tamayo, Col. Valle Oriente Garza García, NL 66269 Mexico, +52 (81) 8625.6000 (phone).
For more information about the 2010 Monterrey Venture Capital Conference, please click here or email info(at)mvcc.mx.
About Alta Ventures Mexico
Alta Ventures Mexico is an early-stage venture capital fund helping passionate entrepreneurs grow innovative companies in Mexico. Based in Monterrey, Mexico, Alta Ventures Mexico provides early-stage capital to entrepreneurs targeting high-growth markets. The Alta Ventures Mexico team is specifically focused on sectors that benefit by the growth of Mexico’s emerging middle class, including: education, healthcare, security, consumer goods and Information Technology.
About Tecnológico de Monterrey
The Tecnológico de Monterrey is a Mexican private and non-profit educational institution that was founded in 1943. At the present time it has 33 campuses, more than 100,000 students, 26 business incubators and 9 technology parks distributed throughout the country. With 19 international offices in North America, Latin America, Europe, and Asia, the Tec de Monterrey is one of the largest private educational institutions in the world. In addition, through its Virtual University it is present all over the world, by means of learning networks and advanced information technologies. Since its founding, it has experienced a continuous process of innovation to meet the educational demands arising from social, economic, labor, science and technology, and the challenges that will face the country's development.
About U.S. Consulate General Monterrey
The U.S. Consulate General in Monterrey is one of the largest and busiest consulates in the world. The Monterrey consular district includes Nuevo Leon, Durango, Zacatecas, San Luis Potosi and most of Coahuila. This district has nearly 11 million inhabitants (the size of Texas); The Consulate General staff includes representation from eight U.S. government agencies. Its staff also oversees a Consular Agency in San Luis Potosi.
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