Challenges Amidst Growing Interest
Entrepreneurship in Mexico presents challenges, such as liquidity issues and cash flow problems. However, these hurdles have not deterred investor interest.
Private capital investment in Mexican startups has been on the rise, signaling a promising opportunity for continued innovation and ecosystem growth.
Mexico’s Positive Development for Entrepreneurship
According to Pablo Coballasi, president of the Mexican Private Capital Association (Amexcap), Mexico’s development is positive and attractive for entrepreneurship, similar to Brazil.
During the “Impulsing an Entrepreneurial Country” panel at the 2025 Entrepreneurship Summit, organized by the Mexican Entrepreneurs Association (Asem), panelists highlighted that while Mexico is viewed as a country with investment opportunities and the arrival of startups from other nations, there are still challenges to address.
Challenges for Entrepreneurs
Despite Mexico’s positive outlook, there is still work to be done. A notable example is the lack of effective communication regarding government programs supporting entrepreneurs.
“Perhaps the issue lies in how we communicate,” explains Michelle Guerrero, subsecretary of Economic Development for Baja California’s government. “We may not be reaching the right audience or effectively promoting available programs for entrepreneurs and micro-enterprises.”
Additionally, the competitiveness among Mexican entrepreneurs is less pronounced compared to the United States, allowing for more flexibility in experimenting with and adjusting business models.
Pablo Coballasi emphasizes that successful entrepreneurs create projects addressing specific problems while generating wealth, employment, and revenue. However, achieving success requires more financial support.
“Although we have a robust ecosystem, there’s still room for growth and enrichment to provide more support for entrepreneurs,” he adds.
Óscar Garza, president of Insutech Mexico (AIM) and CEO of Journey Sports, encourages entrepreneurs to take the leap, as the rewards far outweigh the extra effort.
Rising Interest in Investing in Mexico
Pablo Coballasi explains that investment in Mexico is thriving, with this being the fifth consecutive year of record-breaking foreign direct investment.
In fact, $6 billion was invested in private capital last year, marking a 130% growth from $2.5 billion in 2023 to 2024.
In terms of venture capital, Coballasi reports that 80 transactions were completed in the first half of last year, with $300 million invested. By the end of this year’s first half, the number of transactions increased to 110, with $750 million invested.
Moreover, the Mexican market has become attractive to neighboring countries like Colombia, Chile, and Argentina, according to Óscar Garza.
Successful entrepreneurs, he notes, are often those with years of market experience who can accurately identify business opportunities.
Mexican entrepreneurs focus on understanding local problems and leveraging them for business opportunities, which may also have social impact.
Key Questions and Answers
- Q: What challenges do Mexican entrepreneurs face? A: Common issues include liquidity problems and ineffective communication of government support programs.
- Q: How is Mexico’s entrepreneurial ecosystem? A: It’s positive and attractive, with growing private capital investment in startups.
- Q: What is the current investment climate in Mexico? A: It’s thriving, with record-breaking foreign direct investment and rising private capital investments.
- Q: What sets successful Mexican entrepreneurs apart? A: They have market experience and can identify lucrative business opportunities based on local problems.
