XPANDUM 2021: the competition for entrepreneurs that promises support for life

Entrepreneurs in Mexico continue to face challenges such as a lack of professionalization and strategic planning, which causes the high mortality rate of companies. Only 25% of businesses survive in the first two years. This percentage has a life expectancy of 6.5 years, but only 10% achieve success, said José Garibay, deputy director of Válzer.

The causes of this small percentage of success are attributable to internal mismanagement in organizations, Garibay said. Among these, the lack of income or zero financing, poor planning, bad practices in project execution, lack of key performance measures, monitoring and clear objectives stand out.

Válzer is a funding and business development platform that seeks to innovate, synergize and promote Mexican talent. For this reason, they launched the XPANDUM 2021 contest, a selection program that offers Mexican businesses the possibility of accessing financial and operational resources to grow their businesses in an accelerated and structured way.

"We are looking for entrepreneurs who want to grow their business through a professionalized business structure, need to generate a positive impact on society, seek strategic allies who provide support, advice and experience to enhance their ideas, and require financing to scale and make their deal".

From the first day of registration for the contest, participants will be able to enjoy various incentives, and these will be greater as they increase in category. In the last stage, the contestants will receive an InVálzer, which is an investment in monetary resources tailored, and an AxVálzer, which is the experiential accompaniment by expert mentors ”, mentioned Rivera.

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These are the benefits that XPANDUM 2021 participants will have

• Level 1. For all enrollees: Comprehensive strategic report + list of key partners with whom you have discounts and benefits.

• Level 2. For those selected to appear before the committee: Level 1 + List of key associates with higher benefits and discounts of up to 100% on some services.

• Level 3. For those selected by the committee: Level 2 + Result of due diligence and general investment project

• Level 4. For those selected to make up the final portfolio: Level 3 + InVálzer (personalized investment for the project) + AxVálzer (corporate structure and monitoring)

There are five steps to follow to participate in XPANDUM 2021

1. Registry
2. Evaluation, where the analysis of the projects is carried out through a platform and a panel of experts.
3. Presentation of the pitch to businessmen and specialists; the formalization, where individual interviews will be carried out.
4. An audit process and the investment project.
5. The delivery of InVálzer and AxVálzer to the 3 winners of the contest.

Among the main differences that this selection program offers to participants are the long-term support and advice to promote all business areas, support from a professional network through specific mentoring and openness, since it is an open call for applications. all business ideas.

If you have a business idea or you have an undertaking in operation, you are looking for financing, the advice of experts to enhance each area of your business and you want to make it grow and provide solutions to a greater number of people, XPANDUM 2021 is for you. The call began on February 15 and will be available until April 16 of this year. Don't let it pass!