Mexico’s Top 11 Startup Incubators And Accelerators (2024)
Are you looking for capital and/or mentorship for your startup in Mexico? Mexico’s startup incubators and accelerators are undeniably some of the best in Latin America. Beyond funding, they also offer entrepreneurs and founders incredible valuable support for product development, sales and marketing.
So whether you are looking to find a co-founder, build your MVP and/or get the seed money you need to get started or scale up, incubators and accelerators are your best pick.
In this article we have listed Mexico’s top 11 startup incubators and accelerators. So, if you haven’t yet started to apply, here is a good place to start learning about them.
Looking for Mexico’s top startup venture capital firms instead? Check out our ranking here.
Mexico’s Top 11 Startup Incubators & Accelerators
Here’s a summary table of Mexico’s top 11 startup incubators and accelerators, in alphabetical order:
Name | # startups to date | Program length | Investment size | Sector focus |
---|---|---|---|---|
Eleva by Bimbo | 17 | 4 months | None * | Food Tech |
Factory A | 10 | 4 months | $15,000 | FinTech |
IncubaMas | 10 | N/A | N/A | Sector agnostic |
InnoHub Mexico | 10 | N/A | N/A | FinTech |
Levadura de Ideas | 17 | 4 months | N/A | Sector agnostic |
MassChallenge | 167 | 4 months | US$100,000 ** | Sector agnostic |
Nave | 27 | N/A | MXN $100,000 | Big data, IOT, AI, Cybersecurity, Blockchain |
New Ventures | N/A | N/A | N/A | Impact businesses |
Orion Startups | 25 | 4 months | N/A | Sector agnostic |
Startup Mexico | 100+ | 6 months | N/A | Sector agnostic |
View Accelerator | 13 | N/A | N/A | PropTech |
* No direct equity investment. Startups may receive investment at Demo day
** Only successful startups at the end of the program
1. Eleva by Bimbo
Eleva is a startup accelerator founded by the Bimbo Group that solely focuses on food technology startups.
Since its inception in 2017, they accelerated in 17 startups. Their program runs for 4 months and ends with a Demo day when startups can obtain financing from Bimbo and other external investors.
2. Factory A
Factory A is an accelerator for FinTech startups supported by the global banking group Scotiabank. Since their inception in 2018, the accelerator has helped 10 startups from data analytics, payments, insurance and other FinTech industries.
Their program runs for 4 months during which startups receive mentorship, support from entrepreneurs in residence, perks from high-profile companies (Amazon, Google, etc.) and access to investors for their fundraising. Also, startups receive MXN 380,000 in funding during the program (circa $15,000).
3. IncubaMas
IncubaMas is a startup incubator founded in 2015. Since their inception, they have incubated 10 startups in different industries ranging from ecommerce and services.
4. InnoHub Mexico
InnoHub is another of Mexico’s FinTech startup accelerator. InnoHub was founded in partnership with the global banking company Santander. Since their inception, they have accelerated 10 startups.
5. Levadura de Ideas
Levadura de Ideas is a startup accelerator founded by AB InBev. Surprisingly, the accelerator doesn’t necessarily focus on food & beverage companies only. Instead it is sector agnostic. The 17 companies in its portfolio include startups in FinTech, Marketplaces, influencers services, etc.
6. MassChallenge
MassChallenge is a non-profit organization that supports entrepreneurship globally. Their accelerator program in Mexico was founded in 2016 and helped 167 startups to date raise a total $132 million.
During their 4-month accelerator program, startups benefit from mentorship, hands-on support from entrepreneurs in residence and access to potential customers and investors. Also, at the end of the program, successful startups may receive equity investment of up to $100,000.
7. Nave
Nave is a startup incubator and accelerator. Therefore they run 2 separate programs:
- Nave Seed for early-stage startups: equity-free incubation program
- Nave Growth for scale-ups that aims to become partners of the IT company Alestra (the main partner of the program). The program runs for 5 months and aims to find, for each startup, 5 of Alestra’s existing customers that it can connect with as a customers and/or partner
8. New Ventures
New Ventures is both an accelerator and a VC fund that focuses on impact businesses across Latin America.
9. Orion Startups
Orion Startups is a startup accelerator headquartered in Chihuahua and founded in 2015. They are sector-agnostic.
Since their inception in 2015, they have supported 25 startups in different industries ranging from AgriTech, EdTech, HealthTech, FinTech and more.
10. Startup Mexico
StartupMexico is one of Mexico’s most active startup accelerator and incubator. Its incubator program lasts 6 months and the acceleration program 10 months.
11. View Accelerator
View Accelerator is a recent startup accelerator that was founded in 2018. It only focuses on PropTech startups, ranging from Fintech solutions for Real estate (e.g. lending), Smart cities and other Smart Real Estate industries.
Since their inception, the accelerator has supported 13 startups in total, and invested in 9 of them.
All Our Top Startup Accelerators
See more of our top startup accelerators in Latin America by reading our articles below: