[tc_dropcap]It doesn’t take an advanced finance degree to understand why Mexico is projected–by Goldman Sachs, among others–to represent the world’s fifth largest economy by 2050.[/tc_dropcap]
The most populous Spanish-speaking country in the world, Mexico has booming ports on both oceans, abundant natural resources, a longstanding, well-developed industrial sector, close business ties to the United States, and easy access to the burgeoning US Latino population (with their soon-to-be $1.5 trillion in buying power).
But one thing that tends to get lost in this predictive calculus is that, even after just a few years of gestation, Mexico already boasts one of the more dynamic startup scenes in Latin America.
If Mexico is indeed moving beyond the maquiladora manufacturers and their free trade zones in the process of building the world’s next great economy, technology and innovation will be a part of the foundation of that economy.
Startup Origin Story
In 2006, some 50…
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