Mexico hopes its nascent high-tech sector can create good jobs and help diversify the economy at a time when rising wages for low-skill labor are driving textile and assembly factories to poorer nations in Asia and Central America.
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A recent analysis by Mexican and U.S. immigration experts found that nearly a third of all Mexicans with advanced degrees leave Mexico for the U.S.
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Camacho, who heads the program’s pioneering Silicon Valley chapter, says the idea arose during a 2004 meeting between Mexican President Vicente Fox and the chief executive of major chipmaker Advanced Micro Devices Inc., Hector Ruiz, who was born in Mexico but studied engineering in the United States and went on to build a career there.

Mexico’s government has sponsored conferences for the network, but Camacho says the group is growing more by word of mouth. His Silicon Valley chapter holds regular meetings to share ideas and there are plans for similar groups in other U.S. cities.