Silicon Valley Luminaries Light up Mexican Tech Scene

MITA TechTalks 2012

Punta Mita, Mexico, Nov. 27, 2012 (GLOBE NEWSWIRE) -- With the re-election of President Barack Obama and as Mexico's President Calderon's Administration hands the reigns over to president-elect Peña Nieto on December 1, Mexico has heated up news headlines about Mexico's rising. Although recent headlines have focused on Mexico's growing economic advantages over China as a manufacturing country, there is another rising taking place south of the border- a "tech rising" spurred by the growing early stage and venture capital ecosystem. The M.I.T.A. (Mita Institute and Technology Accelerator) is uniting Silicon Valley leaders with Latin American counterparts to explore the expansion of tech innovation and entrepreneurship in Latin America in its upcoming MitaTechTalks 2012 conference, taking place November 28 to 30, in Punta Mita, Mexico.

Conference headliners include Mike Maples, Kevin Cheng, Tim Ferriss, and Karen Richardson, a Silicon Valley veteran, and Allen Taylor of Endeavor Global, among other influential tech and investment leaders.

The expansion of tech innovation in Mexico and Latin America in 2013 and beyond will continue to gain serious traction, moving it from the rare success story to the prevalent. A combination of pent-up demand and the arrival of key ecosystem components - including cross-boarder capital, supportive public policy, and a growing base of tech & IT talent - promises to fuel an expansion of a startup culture in Mexico and Latin America.

The MITA TechTalks 2012, in alliance with Endeavor Mexico, will examine the economic, social and cultural trends that affect tech innovation in the foreign region closest to Silicon Valley, and the one that currently promises the most rapid growth.

When/ Where:
November 28-30, 2012
Four Seasons and St. Regis Resorts, Punta Mita, Mexico

Leading academic institutions such as M.I.T.'s Entrepreneurship Program, Stanford's Tech Ventures Program, the ITAM and Tech de Monterrey will join panel discussions. Additionally the World Bank's IFC, the Interamerican Development Bank's Multilateral Investment Fund, Mexico's Secretariat of Economy, and the Latin American Venture Capital Association, will discuss building ecosystems supportive of tech innovation and venture capital.

These and other respected technology innovators, venture capitalists, policymakers and innovative tech entrepreneurs will come together over two days of keynotes, panel discussions and social events to explore the expansion of entrepreneurship and tech innovation in Mexico and Latin America.

Attendance is limited to 120 participants, including speakers and media, to encourage exceptional networking opportunities and inspiring conversations.

For those who cannot personally attend the event, it will be broadcast internationally to key partner universities and tech centers in the U.S. and Mexico, as well as widely available online via Livestream and Google Hangouts on Air. "Virtual" guests can contribute to panel discussions via a Twitter feed and social dashboard powered by Zoompf using #MitaTech.

Conference sponsors and partners include : Rally, Televisa, Endeavor Mexico, Cinepolis, Wayra, Baker McKenzie, Nacional Financiera, Secretaría de Economia, Crowdfunder, Wansas Tequila, Zoomph, DINE, Four Seasons Resort Punta Mita, St. Regis Punta Mita, Palmasola, and Wayra México.

About the MITA Institute

MITA (Mita Institute and Tech Accelerator) is a "think tank", structured mentoring program and early-stage seed fund based in Punta Mita, Mexico working to foster cross-cultural opportunities in technology applications, as well as respond to demand for identifying opportunities and funding investments in Latin America. The goal is to enable amazing talent to develop into successful business stories. http://MitaInstitute.com.

CONTACT: Contact: Robin E. Reyes MITA TECH TALKS US (205) 617-1797 MX (52-1) 322-135-5275 robin@mitainstitute.com

Source: M.I.T.A. (Mita Instituteand Tech Accelerator)