Secretaría de Desarrollo Económico del Estado de Hidalgo

What Secretaría de Desarrollo Económico del Estado de Hidalgo does

The Secretaría de Desarrollo Económico del Estado de Hidalgo (SEDECO) is a department of the Executive Power of the State of Hidalgo, Mexico, headquartered in Pachuca de Soto. It is the state-level authority responsible for economic development policy, exercising attributions granted by the Political Constitution of the State of Hidalgo, the Organic Law of Public Administration, the State Development Plan 2022-2028, and the Sectoral Economic Development Program 2022-2028. The agency coordinates public and private investment, MSME competitiveness programs, energy sector development, and international promotion across the state of Hidalgo's 84 municipalities.

SEDECO delivers its mandate through a coordinated stack of programs, platforms, and services. Core offerings include investment project accompaniment, the SIEFIH financing system for micro and small enterprises, advisory services (textile laboratory, corporate image design, human capital training), and energy services (Hidalgo Solar, solar panel installation, technical energy verification). It operates five decentralized organisms — Agencia de Desarrollo Valle de Plata (industrial development), Agencia Estatal de Energía de Hidalgo (state energy), Corporación de Fomento de Infraestructura Industrial (COFOIN), Corporación Internacional Hidalgo (COINHI), and Instituto Hidalguense de Competitividad Empresarial (IHCE) — plus dedicated platforms such as Invest Hidalgo, Clúster Minero de Hidalgo, and dedicated programs for youth (Transformando con la Juventud) and seniors (Tu Experiencia Transforma). Technology is limited to a government digital platform (RUTS portal) for procedures and transparency compliance with 48 mandated rubrics under Article 69 of the Transparency Law; no proprietary AI or developer APIs are offered.

The business model is entirely state-funded through public budget allocations — no commercial revenue is generated. Services are provided free of charge to citizens, MiPyMes, cooperatives, and municipalities, with select fee-based services (solar panel installation, energy technical verification). The customer base is split across municipal governments, social groups and cooperatives, MiPyMes, and labor force participants (youth and seniors aged 60+), with distribution via central headquarters, the RUTS online portal, and the decentralized agency network. The agency reports 128 employees and 83.33% municipal coverage as of January–June 2026.

Name

Secretaría de Desarrollo Económico del Estado de Hidalgo

Legal name

Secretaría de Desarrollo Económico del Estado de Hidalgo

Website

https://sedeco.hidalgo.gob.mx

Company type

Private

Operating status

Operating

Short description

The Secretaría de Desarrollo Económico del Estado de Hidalgo (SEDECO) is a Mexican state government agency that promotes economic development, MSME competitiveness, investment attraction, and energy sector growth across the State of Hidalgo through five decentralized organisms and a portfolio of financing, advisory, and training programs.

Ownership category

akta.pro rank

Product category

Government Economic Development Services

NAICS

Administration of General Economic Programs (92611)

akta.pro primary industry

Trade, Industry & Economic Development Administration (BPAIAAAL)

akta.pro secondary industry

EIA/ESIA Documentation & Technical Studies (Air/Water/Noise/Traffic) (EUAHAAAC)

Keywords

• Economic development programs
• Investment facilitation services
• MSME business support
• State government services
• Business advisory services

Headquarters

HQ city

Pachuca de Soto

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Public sector funding: Government budgetary allocations from the State of Hidalgo to fund economic development programs, business support services, and administrative operations. No commercial revenue generation as this is a government dependency.

Pricing tiers

Distribution channels3 records

Marketing channels5 records

Core offering

The Secretaría de Desarrollo Económico del Estado de Hidalgo (SEDECO) is a state government dependency that promotes and coordinates economic development programs across the State of Hidalgo, Mexico. It delivers investment facilitation, business formalization, technical training, financing access, and energy sector development services, with a primary focus on micro, small and medium enterprises (MiPyMes). Through its five decentralized agencies and digital service platforms, the agency implements the state's economic strategy under the Plan Estatal de Desarrollo 2022-2028.

Product overview

The Secretaría de Desarrollo Económico del Estado de Hidalgo is a government dependency that exercises attributions for economic development in the State of Hidalgo. Its product portfolio consists of economic development programs, investment promotion platforms, and business support services. The core offering includes investment facilitation and business development services (Acompañamiento de Proyectos de Inversión, SIEFIH financing), specialized advisory services (textile laboratory, corporate image design, human capital training), and energy programs (Hidalgo Solar, solar panel installation, technical verification). The agency operates five decentralized organisms: Agencia de Desarrollo Valle de Plata (industrial development), Agencia Estatal de Energía (state energy agency), Corporación de Fomento de Infraestructura Industrial, Corporación Internacional Hidalgo (investment promotion), and Instituto Hidalguense de Competitividad Empresarial. Key programs include Tu experiencia transforma (senior professional stays), Transformando con la juventud (youth scholarships), Invest Hidalgo (investment platform), Clúster Minero de Hidalgo (mining cluster), and certification programs for business competitiveness. The organization functions as a coordinated platform of programs and services rather than a single unified product, designed to promote economic growth, investment attraction, and MSME development across Hidalgo state.

Differentiator

Problem solved

Functional benefit

Brands

• Agencia de Desarrollo Valle de Plata: Promotes public and private investment for industrial, logistics and infrastructure projects
• Agencia Estatal de Energía de Hidalgo
• Corporación de Fomento de Infraestructura Industrial (COFOIN)
• Corporación Internacional Hidalgo (COINHI)
• Instituto Hidalguense de Competitividad Empresarial (IHCE)
• Tu Experiencia Transforma
• Transformando con la Juventud
• SIEFIH
• Invest Hidalgo

Products and services

• Tu experiencia transforma 2026 Program providing professional stay opportunities for individuals aged 60 years or older to apply their knowledge and experience in productive tenures, contributing to the strengthening of competitiveness of receiving units in Hidalgo.
• Transformando con la juventud 2026 Scholarship program for young people graduated from technological high school or higher education institutions who carry out a professional stay at a receiving unit for 6 months to acquire experience and facilitate their job search.
• Invest Hidalgo Investment promotion platform showcasing economic opportunities, investment projects, and business advantages of the State of Hidalgo to attract national and foreign investment.
• Clúster Minero de Hidalgo Platform dedicated to the mining sector, promoting mining cluster development, coordination among mining companies, and technical assistance for mining organizations and MiPyMEs.
• Hidalgo Solar Energy platform providing information about solar energy catalog and opportunities for solar panel installation in the state of Hidalgo.
• SIEFIH - Sistema Empresarial de Financiamiento Hidalgo Financing system that provides funding to micro and small businesses in Hidalgo, as well as entrepreneurs in the industry, commerce, and services sectors located in the state.
• Acompañamiento, Asistencia y Seguimiento de Proyectos de Inversión Service providing accompaniment to private investment projects to facilitate their establishment, as well as assistance to companies already installed in the state.
• Asesoría Especializada en Acompañamiento y Desarrollo Empresarial Advisory and accompaniment service for obtaining Brand Registration, Barcode, and Certified Nutritional Table.
• Laboratorio Textil Service providing access to technology and market knowledge in the fashion industry, offering support to Hidalgo entrepreneurs to boost competitiveness of textile-confection companies.
• Servicio de Diseño de Imagen Corporativa o Logotipo Corporate image design service (physical manifestation of the brand/logo) to support definition of a company, institution or product, enabling effective identification, differentiation and market preference.
• Servicio de Inscripción a Cursos de Formación de Capital Humano Human capital formation courses service developing administrative, commercial, accounting and professional development skills for MiPyMEs and entrepreneurs.
• Generación de Energía con Paneles Solares Service for assembly and installation of photovoltaic solar panels in different power capacities, with complementary equipment and accessories, for isolated or grid-connected systems.
• Verificación Técnica en Materia Energética Technical verification document that confirms a project's technical, environmental, and social feasibility for development and operation in the state, according to federal energy legislation.
• Vinculación con Organismos de Cooperación Internacionales Specialized technical training through knowledge transfer from international experts, connecting Hidalgo businesses with international cooperation organizations.
• Certificación y Recertificación, Competitividad I.2026 Certification and recertification program for business competitiveness improvement in 2026.
• Fondo de Apoyo, Equipamiento de Cooperativas 2026 Support fund program for cooperative equipment in 2026.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Agencia de Desarrollo Valle de PlatacoreStrategic or Co-development PartnerDecentralized agency that promotes public and private investment to develop industrial, logistics, commercial, service, and infrastructure projects to enhance regional economic and social development.
• Agencia Estatal de Energía de HidalgocoreStrategic or Co-development PartnerState energy agency focused on finding efficient ways to generate sustainable and environmentally friendly energy, and promoting effective mechanisms for energy utilization.
• Corporación de Fomento de Infraestructura IndustrialcoreStrategic or Co-development PartnerCorporation that stimulates and promotes sustainable economic development and growth of the state by increasing industrial space supply for productive and sustainable investments.
• Corporación Internacional HidalgocoreStrategic or Co-development PartnerCorporation that promotes strategic advantages of the entity, providing comprehensive assistance, support, and advice to national and foreign investors seeking to establish or expand production facilities in the state.
• Instituto Hidalguense de Competitividad EmpresarialcoreStrategic or Co-development PartnerInstitute focused on generating prosperity among Hidalgo's community through creation and development of enterprises.
• Clúster Minero de HidalgominorStrategic or Co-development PartnerMining cluster platform dedicated to developing and supporting mining sector organizations and MiPyMEs through technical assistance for operational efficiency.
• Hidalgo SolarminorStrategic or Co-development PartnerEnergy platform cataloging solar energy development opportunities and connecting businesses with energy sector services.
• Invest HidalgominorStrategic or Co-development PartnerInvestment promotion platform showcasing Hidalgo's strategic advantages to attract national and international investors.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Secretaría de Economía (Mexico): Mexico's federal ministry responsible for industrial, commercial, and economic development policy across all states. Directly comparable as the federal counterpart to SEDECO, with overlapping mandates in MSME support, investment promotion, and trade facilitation, though operating at national scale.
• Texas Economic Development Office: U.S. state-level economic development and investment promotion entity with comparable mandates in business recruitment, MSME support, and workforce development. Comparable structurally to SEDECO though operating in a different regulatory and fiscal environment.
• Invest Ontario: Provincial investment promotion agency in Ontario, Canada, focused on attracting FDI and supporting business expansion. Comparable to SEDECO's investment promotion function (Invest Hidalgo, COINHI) at a sub-national level in a different jurisdiction.

Direct peers

• Secretaría de Desarrollo Económico del Estado de México: State-level economic development secretariat for the State of Mexico, sharing nearly identical mandate, structure (investment promotion, MSME support, industrial development), and customer base (municipalities, MiPyMes, investors) with SEDECO Hidalgo.
• Secretaría de Desarrollo Económico de Jalisco: State-level economic development agency in Jalisco, one of Mexico's largest economies. Mirrors SEDECO's structure across investment attraction, MSME programs, and industry cluster development, serving a similar set of stakeholders in a more developed ecosystem.
• Secretaría de Economía de Nuevo León: Nuevo León's state economic development secretariat, focused on industrial investment, nearshoring capture, and MSME support. Operates in a higher-investment-volume context but with a structurally identical mandate to SEDECO Hidalgo.
• Secretaría de Desarrollo Económico y Turismo de Querétaro: Querétaro's combined economic development and tourism secretariat. Comparable to SEDECO on industrial development, investment promotion, and MSME support, but additionally integrated with tourism promotion; operates in a higher-FDI-volume state.
• Secretaría de Desarrollo Económico y Turismo de Sonora (SEDETUS): Sonora's economic development and tourism secretariat, serving a state-level mandate similar to SEDECO's including investment promotion, MSME support, and cluster development, particularly in aerospace and manufacturing.

Regional players

• Coordinadora de Fomento al Comercio Exterior del Estado de Guanajuato (COFOCE): Guanajuato's trade and investment promotion agency, focused on export development and FDI attraction for the state's manufacturing and agro-industry base. Comparable to SEDECO's Corporación Internacional Hidalgo in function, though more export-oriented.
• Corporación de Desarrollo de Nuevo León (CODEFRONT): Regional development corporation in Nuevo León supporting industrial infrastructure and investment promotion. Comparable to SEDECO's COFOIN and Corporación Internacional Hidalgo in mandate scope and operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• TikToktiktok.com/@sedecohidalgo

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Secretaría de Desarrollo Económico del Estado de Hidalgo