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Tech Mex 2013 has been organised by The Mexican Chamber of Commerce in Great Britain with support from UK Trade & Investment as well as the Mexican Embassy in the UK. We have an interesting and ...

Tech Mex 2013 has been organised by The Mexican Chamber of Commerce in Great Britain with support from UK Trade & Investment as well as the Mexican Embassy in the UK. We have an interesting and positive story to tell about Mexico and one of the country’s growth sectors, a well-kept secret we’re about to reveal.

In addition, we’ll make the business case for the burgeoning bilateral trade between Mexico and the UK with a focus on the booming Digital / Tech sector. Highlighting specific opportunities, the developing culture of entrepreneurialism and innovation and the start-up ecosystem in Mexico, Tech Mex 2013 will also offer a guide to Digital / Tech Opportunities.

The conference also offers a unique opportunity for Venture Capital, Private Equity and other investors seeking opportunities in the Digital / Tech sector in Mexico to interact with entrepreneurs behind some of the country’s most exciting start-ups. Companies interested in expanding to Mexico and/or working with Mexican Digital / Tech companies are also welcome as are technology-dependent companies interested in IT Outsourcing to Mexico.

To book a place to attend Tech Mex 2013, click the green Register button. For more information about Sponsorship opportunities, contact Steven Leof.

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  • Good morning.Thank you for having me here.It’s quite a pleasure being here with you today.A few months ago Steven got in touch with me and asked me if I could come over to talk about Mexico at this conference.
  • What’s going on is that Mexico is changing. Mexico is thriving.
  • Well, Duh!You probably didn’t need to come here to hear that.I’m actually pretty sure that that’s probably why you’re hear.You most certainly didn’t need me to tell you that.
  • Why an ad-man at a conference about investing in Mexico’s digital capabilities and developing greater ties between our two nations around the info & tech industries?Doesn’t really seam to match.
  • I’m going to steer clear of all that. And I’m not going to talk much at all about advertising.You see, what we do in our jobs, the reason companies, institutions, goverments come see us is to look at markets (people) and identify growth/chagne opportunities for them. Where can they have the greatest impact and how to bring their actions to the market in the best manner.
  • So, what do we see in Mexico?
  • What’s indisputable is that Mexico is thriving. Regardless of you how you look at it. The country is doing well.Last year grew at 4%. This year still growing at a good clip. Partial slow down due to US slow-down & europe.Inflation is at a low 3.6% Most importantly it’s been stable around 4% for over the past 10 years. Unemployement also hovering around 5%...officially. As I tell my colleagues when they look at the numbers…Consumer confidence is up. I don’t know if you know, but we mexican’s are typically the last to believe good news about mexico. We are the most skeptical. We’ve heard so many promises over the years, that we tend to take things with a grain, lump, or mountain of salt. Yet, consumer confidence is up. And, I did not include it here, but consumer confidence for the acquisiton of durable goods is up 3.99%, and confidence on the country’s economic performance is up +2.74%We have a young population. 50% is 29 years old or younger. It is this population that is pushing many of the changes we will be talking about later on. It is a great engine and agent of change. Over the past 10 years Mexico has double its public ducation institutions in the post-secondary level, with a big emphsis in sciences. Mexico now has 0.8 vs 0.6 for US.An open, modern economy. 2x china. 4 x brazil.Mexico exports more manufactured goods than the rest of latinamerica combined. Testament to the countries not only to the country’s access to the the US market, and it’s increasingly skilled labour force, but also it’s opened economy as previously mentioned.The country is highly competitive. And now scaling back
  • The country is living a entrepreneurial boom. Loans to companies are up 12%. And 23% to individuals. Take into account that many loans to individuals to go to setting up small businesses.
  • All that is good and well…but it doesn’t solve the questions as to why, why now and if it will last.My thesis is that mexico is thriving because it is changing. That this is a deep routed change. And that that is why it wil last.
  • Political: organized society, rule of law, rol of the stateEconomic: work as motor for personal advancement, productivity, competition, protectionismSocial: voice & critique, civil rights, women’s rights, sense of identity, human values, aspirations

Tech Mex 2013 Tech Mex 2013 Presentation Transcript

  • Mexico is changing. Mexico isthriving.
  • Duh!
  • Why an ad man? View slide
  • Identify growth markets View slide
  • Back to Mexico…
  • Mexico is thriving+3.5% GDP 2013Inflation +3.6%Deficit 2% of GDPUnemployement 4.7%*+1.49% consumer confidence50% of population < 29 y.o.0.8 engineers per 100044 Trade agreementsManufactured exportsSources: Banco de México, INEGI, IMCO, Secretaría de Hacienda, HSBC, The New York Times, The Economist, The FinancialTimes, CNNExpansion
  • Mexico is thriving+3.5% GDP 2013Inflation +3.6%Deficit 2% of GDPUnemployement 4.7%*+1.49% consumer confidence50% of population < 29 y.o.0.8 engineers per 100044 Trade agreementsManufactured exportsSources: Banco de México, INEGI, IMCO, Secretaría de Hacienda, HSBC, The New York Times, The Economist, The FinancialTimes, CNNExpansion
  • Mexico is thriving+3.5% GDP 2013Inflation +3.6%Deficit 2% of GDPUnemployement 4.7%*+1.49% consumer confidence50% of population < 29 y.o.0.8 engineers per 100044 Trade agreementsManufactured exportsSources: Banco de México, INEGI, IMCO, Secretaría de Hacienda, HSBC, The New York Times, The Economist, The FinancialTimes, CNNExpansion
  • Mexico is thriving+3.5% GDP 2013Inflation +3.6%Deficit 2% of GDPUnemployement 4.7%*+1.49% consumer confidence50% of population < 29 y.o.0.8 engineers per 100044 Trade agreementsManufactured exportsSources: Banco de México, INEGI, IMCO, Secretaría de Hacienda, HSBC, The New York Times, The Economist, The FinancialTimes, CNNExpansion+12% loans to companies+23% loans to individualsViolence down 25%GE, General Motors, Nestlé,L’Oréal, Nissan, IBM……and Chris Anderson
  • Why?Why now?And, will it last?
  • Mexico is thriving because it ischanging.
  • Socioeconomic growth &cultural values
  • PoliticalEconomicSocial
  • Change in Political Culture
  • El Pacto & Reforms
  • Change in Economic Culture
  • Value of the Private Sector
  • Socio-cultural ChangeLeast talked about. Mostprofound.
  • Education
  • Technology
  • Entrepreneurship
  • Transparency & Justice
  • A Modern Mexico
  • Society is fueling the change.
  • Things are not perfect.
  • What’s left? What’s next?
  • It’s only the beginning.It’s only going to get better
  • Nicolas.guzman@mccan.com.mx© McCann Mexico City. Todos los derechos reservados, 2013.