Total loan: $24,650

Impact Hub Monterrey

Flag of Mexico
Monterrey, N.L., Mexico / Services

Impact Hub Monterrey's loan finished fundraising,
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A loan helped to create a new space that will quadruple the annual support we provide to people through entrepreneurial programs for social and economic inclusion in Mexico.

Impact Hub Monterrey's story

Impact Hub Monterrey is located in the North-East of Mexico. We have been a catalyst for local social entrepreneurs since 2013. In the last 7 years, we have managed to develop a thriving innovation ecosystem by: - Bringing together a community of +300 members & changemakers. - Building 2 spaces —in which we foster collaboration between professionals, organizations, cultures and generations to solve our city's greatest challenges. - Hosting +200 events and boosting +20 Social Impact programs. Despite going through difficult times with the current COVID-19 pandemic, we now have a unique opportunity to continue building the future of this great project. And you can be a part of it! By receiving this loan, we will be able to pivot our business model to a more flexible one, based on our member's consumption. It would consist of: A COWORKING SPACE adapted to the needs of entrepreneurs and businesses. A CAFE/BAR where we will offer amazing Mexican coffee, craft beers and a simple but delicious menu. This is the key to this new business model: instead of paying rent for the coworking space, users will pay for their food and beverage consumption. Two PRIVATE MEETING ROOMS for meetings and workshops, available for rental at a special price. With this new space, we’ll be able to provide support to four times more entrepreneurs – increasing our numbers to more than 2,000 people per year!