Technology transfer and the creation and attraction of competitive businesses are fundamental to accelerating regionals growth.
Trough the development and creation business incubators, hi tech company and park models for landing companies, new businesses can be set up and jobs generated.
Business incubators
The business incubation program operates at a number of Tecnológico de Monterrey campuses, with the participation of students, alumni, and community members. Its goal is to support the creation, development, and consolidation of companies with specific profiles and features.
The Intermediate Technology Business Incubator Network focuses mainly on consulting, telecommunication, franchise development, software services, construction, agribusiness, and commercial companies, whose business model incorporates processes boasting innovative features.
The Technology-Based Business Incubator Network drives the transformation of highly innovative ideas and projects into high value-added companies applying new knowledge in advanced sectors such as agrobiotechnology, biotechnology, information technology development, the pharmaceutical industry, biomedical engineering, energy, the aerospace industry, and the automotive industry.
In addition, the Tecnológico de Monterrey has a Social Enterprise Incubator Network.
Business accelerators
Business accelerators grow and offer international projection to small and medium-sized companies, both technology and innovation-based, with the aim of generating regional and national welfare and sustainability.
They drive the transformation of companies with high market potential into new sustainable businesses in the biotechnology and health, design and manufacturing, information technology and telecommunications, and energy and sustainable development fields, to name a few.
Technology parks
Technology parks are sites conducive to capitalizing the knowledge generated at the universities and transforming it into economic and social wealth, as well as in regional development. They are effective tools for knowledge transfer and for the creation and attraction of competitive enterprises.
Establishing and operating technology parks is a cornerstone of the innovation system of the Tecnológico de Monterreys R&D area.
The following four models served as starting points for the establishment of these parks:
- Parks for high value job development, enabling students and alumni to be employed in high value activities.
- Centers for technology transfer and technology-based companies acceleration and landing, paving the way for the marketing and transfer of Tecnológico de Monterrey and regional technologies to national and international high value companies.
- Centers for the research and establishment of technology-based companies positioning the Tecnológico de Monterrey internationally on the strength of these activities.
- Innovation and technology parks, which will contribute to transforming the regional economy.
The Tecnológico de Monterreys role varies greatly in establishing and operating the aforementioned park models. While in some cases the institution develops the project from inception to delivery, in others it performs an affiliate or consulting function.