iLab: Future Thinkers
iLab, become a future thinker.
In Mexico, 450 thousand young people finish a major degree each year, while the 40% are unemployed. Because of this, it is necessary to provide them with new capabilities and skills that allow them to face new challenges.
If they train themselves as entrepreneurs they will be able to become agents of change, and disruptive business owners that produce social mobility.
iLab is a place where passionate in innovation people join together to show you how to solve global problems through high impact business ideas.
4 months, 6 phases and 30 different themes to become an iLaber (Future Thinker).
- Human + Machine
We provide technology and innovation knowledge to future thinkers or entrepreneurs with the promise of solving a global problem and impact more than 10million people with their technology. This solution needs to be unique in the world, if we find out that the product is already working or in process of being commercialized in another country we need to find a new one.
We create an innovating technologic product with connectivity.
This product solves a global problem and is targeted to a specific public with over 10million people of reach.
It also collect important data of the people that uses this solution to improve the product and its technology.
IDE: Innovation Driven Entrepreneurship
We have 3 main objectives: social impact by providing opportunities for the less privileged citizens, building a decentralized and inclusive ecosystem sharing knowledge from global experts to people and become a worldwide axis of innovation that challenges the traditional models of professional development through disruptive technological solutions to global problems that come from unlikely places.
To become a benchmark of innovation democratization that challenges the traditional models of professional development through disruptive technological solutions to global problems that come from what the user sees and feels.
We want to be able to empower entrepreneurs in Mexico and the world to be the bold, action-driven rebels who create the solutions that the world needs. We want to be leaders in changing the face of entrepreneurship and innovation in Latin-America.We created iLab, to accelerate economic and social development, to improve and acceso opportunities and to activate social mobility.
- Adolescent
- Adult
- Non-binary
- Rural
- Middle
- Latin America and the Caribbean
We recruit diverse, multi-disciplinary groups of young graduates from disadvantaged backgrounds from all states of the Mexican Republic and abroad and empower them to solve global challenges by creating their techno local solutions, inclusive business models, become owners of the resulting intellectual property and starting the business enterprise.
iLab methodology challenges the stereotypes of the Latin American technological entrepreneur or innovator and has demonstrated that graduates of public universities, women, young Mexicans are able to generate and execute projects based on hardware with global impact.
More than 500 graduated in the last 4 years, 80 startups, 45 registered patents and more than 150 projects.
We are expecting around 400 more graduated people in the next 12 months because of our expansion to CDMX, Durango, Queretaro and Merida.
In the next 3 years we expect to have more than 1,000 people with their own projects, technology and solutions to global problems that hopefully will be positively impacting the society.
- Hybrid of For Profit and Nonprofit
- 19
- 3-4 years
iLab combines 30 methodologies with coaching and evaluation processes that foster critical thinking that provides the individual with the necessary hard and soft skills to succeed. By the end of the program, a functional prototype of their idea, backed up by a business model and plan must emerge. By the end of the participants develops a new vision: they have unlocked their potential to think globally, start solving problems that affect them or their communities, and share with others what they have learned by the example.
The commercial activities with which we develop the programs are:
1) sale of the basic entrepreneurship model to governments and schools as a complement to public policies or education programs.
2) business training and consultancy in product innovation towards SME
3) innovation laboratory projects and
4) corporate social responsibility programs.
The profits of each one of these actions are reinvested generating scholarship programs (from 40% to 100%), granting also scholarships with a grace period of 7 months without interest and support with maintenance grants. In this way, residents have the opportunity to create freely without distractors during the process.
Being part of the Solve community will allow us to share and learn from other actors that can help us improve our processes and generate links with national and international actors that can complement and increase our capabilities.
Possible alliances would be implemented in other countries of the region to carry out the basic entrepreneurship program.
The access to professionals attracted by the prestige of the membership will help us to free up expenses that can be invested in other programs.
Added to this the relationships that could be generated with institutional actors as well as the collaboration that could arise among other entrepreneurs at the global level.
- Peer-to-Peer Networking
- Media Visibility and Exposure
- Grant Funding
- Preparation for Investment Discussions
- Debt/Equity Funding