We are looking for ambitious entrepreneurs who want to transform LatAm.
Do you have an idea of how to revolutionize the work and life of the construction and maintenance trades in
Mexico and Latam? We want to create a startup with you.
Apply and receive support and initial funding from Fundamental.
At Fundamental we don't just build startups - we co-found them with ambitious entrepreneurs. We are looking for an entrepreneur to launch a new venture in Mexico, focused on one of the following opportunities:
Future of skilled trades work: Innovations that modernize, create employment or improve productivity.
Green transition: Sustainable solutions that benefit tradesworkers and communities.
Inclusion of youth and women: Models that connect youth and women with trades opportunities.
Selected entrepreneurs will have the opportunity to build their startup with Fundamental's support,
and will receive access to the following unique benefits:
Start as an Entrepreneur-in-Residence
In 6 months, you will work with 15+ studio experts in product tech, strategy, recruiting, finance and go-to-market for your startup.
Receive funding to pilot your solution
You will receive up to $400k MXN to develop a first version of your solution and validate your initial vision during a 3-month pilot.
Launch your company with a first seed funding
Once the pilot is validated, you will receive up to $6M MXN in seed funding to grow the company, with the proven Fundamental playbook
Become a co-founder
You will lead the execution of the startup, building your own operation with the support of your co-founding partner, Fundamental.
In Mexico, we all depend on millions of essential - yet almost invisible - trades and services to live and work. Yet the sector still lacks sufficient solutions to empower small trades businesses. Growing cities, aging infrastructure, new technology and climate change are redefining the rules - and represent an opportunity to create businesses, jobs and solutions for today and tomorrow.
people in Mexico work in construction trades; 80% informally, without digital tools or access to financing.
of the energy produced in Mexico will come from renewable sources by 2030; but the market lacks necessary labor.
of unemployed people in Mexico are under 30 years old.
Fundamental supports those who see in informality an urgent opportunity, in fragmentation a space to re-design, and in the lack of digitalization a competitive advantage.
We are looking for early stage solutions (idea and/or initial testing) that connect to one of the 3 identified opportunities, and that have the following elements:
Call for applications closes: The call for applications will be open until 11:59 pm the same day in Mexico City.
Notification of the 10 selected finalists: Finalists will be notified by June 20.
Pitch session: The 10 finalists will present their solutions to the Selection Committee.
Final decision: The winning solution(s) will be announced.
Questions related to this call for proposals can be sent to hannah@fundamental.lat.
The selection committee is composed of members of the venture studio. Fundamental believes strongly in equity, inclusion and respect for diversity. Therefore, we are committed to ensuring that all people have equal access to this opportunity, without distinction.
Great ideas come from diverse backgrounds.
Working alongside four current entrepreneurs in the studio, we know that the most powerful factors for success are the intrinsic ones.
Your application consists of two key elements: A pitch deck of your idea and vision, and a short application in JotForm.
For the pitch deck, we suggest you include the following: