Technological Park fosters new ideas

Contestants of the Model Business Challenge

Director Luis Quero

By Antonio De Jesús Aguado

The Technological Park of San Miguel de Allende is working to generate new ideas for businesses. About six months after the park was inaugurated those in charge had begun working on a wind turbine and also hosted the Business Model Challenge Contest.

The park was opened on April 26, 2013, and it is the sixth such industrial park in the state. Its director, Luis Quero, said that at this park they have the goal of fomenting the development of projects and technologies for the marketplace, mainly for the aeronautics and automotive sectors. Quero said that they are working on projects for generating alternative energy with a wind turbine, which could solve the problem of lack of electricity in communities without access to it. They are also working on creating biodiesel from agro-industrial waste.

Quero said that the projects are not just created and built in this park, but also ideas on how to manufacture and market them, or they also have the possibility of selling the projects to companies for manufacturing.

On October 4 and 5, in order to instill an entrepreneurial spirit in students from different cities around the country, the Model Business Challenge was held at the Technological Park. In this contest, more than 40 students under 23 years of age participated and presented nine different business models. In 32 hours the contestants developed whole business plans including the source of financing, the target market, and the means of launching them. The first-, second-, and third-place winners received a scholarship for three months to get specialized counseling to improve their projects. These students can participate in other national contests that have prizes such as paid trips to other countries where they can perfect their ideas.

The first-place winner proposed developing technology and an application for mobile devices for those who use public transportation, to find the location and the schedule of the bus that they need to take. According to Quero, users of public transportation could thus manage their time better.


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