All Rights Reserved © Valores Corporativos Softtek S.A. de C.V. 2013. All Rights Reserved © Valores Corporativos Softtek S.A. de C.V. 2013.

Latin America

New Opportunities

Latin America Growth

› Quiet Grassroots Revolution fueled by…› Availability of internet and technology› Education› Federal Support and Opportunity› A new entrepreneurial spirit

› An strong, easily available work force› Strong growth across LatAm countries› ‘Nearshore’ benefits› Access to global economies› Growing dependencies in economies

LatAm Potential

› Start-up Chile › Encourages entrepreneurs from outside the country to bring their great new startup

ideas to Chile and base their operations there.

› TechCrunch Disrupt San Francisco› 32 Buenos Aires tech startups participated in the world-renowned tech conference

› Government Initiatives› President Juan Manuel Santos of Colombia announced plans to spend more than

$2 billion on communications and information technologies, $30 million of which is earmarked for investing in technology companies.

› Governments working with existing tech giants for support, and invested in accelerator programs for their own tech startups.

› US investors now backing 21212.com of Brazil and NXTP Labs of Argentina› So many other initiatives spurting all over LatAm

LatAm intitiatives…

› Miami setting itself up to support LatAm iniatives› Attracted 700+ multinational companies to support/work with LatAm

› VCs and incubators quickly moving to Mexico› Alta Ventures, Wyra, 500 Startups…

› Private equity and VC firms commit $7.9B to invest in LatAm across 237 deals, an increase of 37% from previous year

› Mexico closed 21 deals for $684 million in 2012, and increase of 50%

› Brazil accounted for 147 deals representing $5.7 billion in investments

› There is HUGE potential for all these markets to grow

The World Recognizes Untapped Potential

› MCSI Index – Mexico is the fastest growing nation in 2012

› Mexico’s growth depends on startups› 35 percent of Mexico’s Gross Domestic Product (GDP) and 73 percent of the country’s jobs are

created by small and medium sized companies (SMEs)

› Put together Fund of Funds › Finnova and other funds dedicated to innovation and entrepreneurship › Government backed development fund dedicated to promoting the private equity and venture capital

industry in Mexico. › Also able to co-invest with national and international venture capital funds to fund SMEs in Mexico.

› Mexican government promotion of venture capital industry was the launch of a $22 million seed capital fund by the Ministry of Economy along with Nacional Financiera.

› Startup boom› Mexican startups raised $469 million dollars in 25 projects in 2011 through venture capital› For 2012, LAVCA estimated that VC firms invested around $1 billion in more than 30 deals.

Mexico Potential

› To build a new ‘Silicon Valley’

› To build a ecosystem with large companies, individuals, and governments

› To build software for local communities

› To build software with global reach

› To become innovation centers of the world

› To become a hub for technology growth

› To build value across the nations

Right Place, Right Time…

› Local Governments Promote Growth…

The government of Zapopan, the biggest municipality of the Guadalajara metropolitan area, is allocating 50 million pesos ($4 million US) to a program

promoting entrepreneurship among young people.

Zapopan, which attracted $1.3 billion US in private investment in 2011, is the most prominent municipality in Guadalajara in terms of commercial activity.

The Time is NOW…

› Corporate Innovation and Corporation Funded Capital Flowing to Mexico

"The timing is right and we now have the right ecosystem,"said Jose Galvez, 37, who recently won a $70,000 grant fromTelefonica's in-house incubator

Wayra to fund hisstartup, Venddo.com, which links buyers and sellers on socialmedia.

The Time is NOW…

› The US and Global Funds Believe in the Mexican Potential

"Within ten years, the industry could be worth 50 to 70billion dollars," said Cesar Salazar, a managing partner atMexican startup venture capital firm

Mexican.VC, which wasrecently bought by 500 Startups, a U.S. accelerator fund.

The Time is NOW…

› Latest Tweets on Mexican Startup Ecosystem

1 - People tend to forget Mexico is 11th largest country w/112M population.

2 - Mexico city is big, scary big. #opportunities.3 - @PaulSingh: question is not if Mexico startups will catch on, it's when.4 - For good or for bad, Mexico is

intimately tied to US culture and money5 - Mexico now accounts for 20% of all @StartupWeekend activities outside of US.6 - Mexico needs more hacking culture, computers labs can't be empty on Fri afternoon. 7 - Mexico startup ecosystem needs more competition, internally & externally.8 - @PaulSingh:

Mexico will benefit tremendously from a little bit of perceived safety.9 - Mexico is in desperate need of a local startup hero. ¿donde esta mi Marco Zuckerberg?

10 - Brilliant move by @500Startups to acquire @MexicanVC. Kudos to @DaveMcClure

› We are here to help fill the gaps…

The Time is NOW…

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