The idea is to support companies that are sustainable in the long term since, according to INEGI data, 75% of ventures do not survive more than two years.
Although in Mexico the Venture Capital are distinguished by mainly supporting companies such as Fintech, Wortev will seek to reward other ventures from the Secretariats of Development of the entities.
“We cannot ignore the traditional sector because it is the highest percentage of SMEs and MSMEs in Mexico,” said Denis Yris, founder and general director of Wortev, a private capital fund for entrepreneurs.
There are different investment strategies within the Venture Capital, according to the Mexican Private Capital Association (AMEXCAP): Investment in Entrepreneurial Capital, which is when the company is between 1 and 3 years operating. Growth capital, which is when companies are already consolidated and only require capital to stimulate their growth.
The third is the private credit, which is when companies are given flexible financing and according to their size.
One of the philosophies of Venture Capitals is the appetite for risk and, in a context of uncertainty caused by the United States, Wortev ensures that there are more opportunities than challenges.
“We have a company that is from the agribusiness sector affected by all this speculation of the tariff theme,” he said. “Then, they begin to see the Middle East, Asia and so new opportunities are opened.”
For Yris, behind all economic or political crises there are always good opportunities to grow. The businessman emphasizes that in order for the country to have a better growth, the engines that are these companies must be supported.
“Thanks to the methodology of our investment model, we do not need other risk capital funds, we can invest in the company until making it profitable,” he said.
