The Special Representative for Commercial and Business Affairs of the Department of State of the United States, Scott Nathan; the President of the National Institute of the Entrepreneur (INADEM, by its initials in Spanish), Enrique Jacob Rocha; and the Undersecretary for North America of the Secretariat of Foreign Affairs, Carlos Pérez Verdía, attended the Fourth Meeting of the Mexico-United States Entrepreneurship and Innovation Council (MUSEIC, for its acronym in English) held at the Stanford University in Palo Alto, California.
During the meeting, the seven subcommittees that comprise the Council submitted its progress report, highlighting certain activities designed to strengthen the binational ecosystem of entrepreneurship and innovation.
The Special Representative for Commercial Affairs and Business of the Department of State of USA, highlighted the work of the subcommittees of MUSEIC as "they have made projects that not only promote the bilateral cooperation but also boost the competitiveness and the economic growth of both countries".
Among the major developments presented at the Fourth Meeting of MUSEIC, which was attended by Maria Contreras-Sweet, Administrator of the Federal Agency for Development of Small Business (Small Business Administration) are:
· The organization of conferences, workshops, training initiatives and events aimed at women, including the Trilateral Meeting of Women Entrepreneurs held on last June in Austin, Texas, where attendees from the US, Canada and Mexico analyzed and discussed new and innovative ways to boost the trilateral efforts to promote the entrepreneurship of women.
· The consolidation of the Binational Initiative of Intelligent Manufacturing, launched in 2013, to increase the manufacturing capacity by adding capacities of Information Technology (IT) to the main elements of the manufacturing.
· The publication of several research studies related to the development of the energy sector and the clean technology.
· The completion of the first pilot in Mexico of the I-Corps program, in which 15 teams led by Mexican researchers will develop practical skills to generate technology-based companies.
· The expansion of the Binational Business Development Program of High Impact (TrepCamp) for 250 students in six different cities, in the remainder of 2015.
The President of INADEM, Enrique Jacob Rocha, said that "the MUSEIC is a unique binational project, linking public and private actors and has served as a platform to give visibility to the efforts of the binational ecosystem as well as develop a strategy to the promotion of entrepreneurship and innovation. Today, it is a strategic issue that is given timely monitoring by both governments within the High Level Economic Dialogue".
The Mexico - United States for Entrepreneurship and Innovation Council (MUSEIC) was created in May 2013 by the President of the United States of America, Barack Obama, and the President of Mexico, Enrique Peña Nieto, under the Economic Dialogue High level (DEAN, by its initials in Spanish). The objective of the MUSEIC is to strengthen the binational development of entrepreneurship and innovation in order to make the region highly competitive and productive.
The MUSEIC is coordinated by the Secretariat of Economy (SE, by its initials in Spanish) through INADEM, and the Department of State of the USA. It consists of seven subcommittees, composed of representatives of the governments of Mexico and the United States, organizations supporting entrepreneurship and innovation, venture capital funds and members of the academy.