National Institute of the Entrepreneur (INADEM)
The National Institute of the Entrepreneur (INADEM), part of the Secretariat of Economy, aims to implement, execute and coordinate the national inclusive support policy for entrepreneurs and micro, small and medium enterprises, through the promotion their innovation, competitiveness and projection in national and international markets to increase their contribution to economic development and social welfare and to provide to the development of policies promoting culture and business productivity.
The INADEM was created on January 14, 2013, and in addition to supporting other projects, it has financially promoted projects to assist art and culture in Mexico through public calls.
The Institute supports the promotion of art and culture, through the encouragement of entrepreneurship, the support to micro, small and medium Mexican cultural enterprises, through public (federal, state, municipal) and private (companies or non-governmental organizations) economic stimuli. Additionally, one of the main challenges for INADEM and CONACULTA is achieving greater and better coordination in order to increase the benefits for artists and cultural entrepreneurs.
From 2012 to 2015, the federal government and the private sector contributed with $ 15, 375, 488.20 MXN.
During 2013, it supported, in coordination with the State of Baja California and private entities, two cultural artistic projects with a total budget of $14,682,000.00 MXN, promoting the film, tourist and cultural sector. About 30 new jobs were created and 215 companies were benefited.
In 2014, general public calls were promoted and implemented, such as: "Creation, follow-up and strengthening of traditional companies and incubators and companies of high impact", "Strengthening of Business Incubators and Non-Traditional Incubation Schemes," and "Incorporation of Information Technologies and Communications to Micro and Small Enterprises".
Entrepreneurs and micro-entrepreneurs in the field of cultural industries were economically supported through these calls. In that year, 14 projects from Baja California Sur, Coahuila, State of Mexico, Jalisco, Puebla, Quintana Roo, San Luis Potosí, Sinaloa, Sonora and Veracruz were benefited with a federal financial contribution of $593,488.20 MXN and an amount of $186,932.62 MXN from private companies and/or non-governmental organizations. Furthermore, eight new companies related to art and culture were created.
Finally, in the 2015 Edition of the aforementioned calls, two projects by entrepreneurs from Veracruz and Oaxaca in the cultural industries (in the dance area), with regional and state coverage, were benefited. $100,000.00 MXN were earmarked for such purposes, out of which $20,000.00 MXN were provided by private entities.