As part of her first trade mission, U.S. Secretary of Commerce Penny Pritzker spoke at a breakfast event focused on entrepreneurship, innovation, and overall growth in the U.S.-Mexico commercial and economic relationship. The event was hosted by the American Chamber of Commerce and the Mexico-United States Entrepreneurship and Innovation Council (MUSEIC). She was joined by Enrique Jacob Rocha, President of the Mexican National Entrepreneurship Institute (INADEM).
MUSEIC builds on the long history of U.S.-Mexico economic cooperation. Founded shortly after President Obama’s visit to Mexico in May 2013, MUSEIC brings together stakeholders from both countries to strengthen regional economic competitiveness and support entrepreneurship. In 2013, MUSEIC sponsored a number of entrepreneurship-related activities, including an angel investment conference, a startup boot camp for young Mexican entrepreneurs, and an international forum on women’s entrepreneurship.
In her remarks, Secretary Pritkzer discussed the Commerce Department’s involvement in MUSEIC. For example, the Department is helping to map out the commercial and educational assets in the border regions of Tijuana-San Diego and Monterrey-Texas. Also, in April, the Commerce Department will host government, business, and university leaders from Mexico and other countries to tour research, innovation, and entrepreneurship hubs in the Southern United States. The event will spotlight public-private partnerships that accelerate new technologies, attract foreign direct investment, and more. Secretary Pritzker also announced that the next MUSEIC meeting will take place in April in San Antonio, Texas.
As the Chair of the President’s Committee on Global Entrepreneurship (PCGE), Secretary Pritzker is committed to working with leaders from around the world to help create an economic environment that encourages entrepreneurship in North America and around the world. She said, "The United States and Mexico can set the stage for entrepreneurs on both sides of the border to come together, make breakthroughs, launch new firms, and strengthen our economic competitiveness."