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Economy December 3, 2024 - 9:59 am

Boostcamp 2024 highlights Dominican Republic’s startup potential

Boostcamp 2024 highlights Dominican Republic’s startup potential

Santo Domingo.- Boost Acceleration Camp launched Boostcamp 2024, a flagship event aimed at strengthening the entrepreneurial ecosystem in the Dominican Republic. Held during Global Entrepreneurship Week, the event brought together local and international entrepreneurs, investors, and startup experts to discuss trends and challenges in the venture capital sector.

Key speakers, including Gyoung Joo Choe from BID Lab and Cristina Tamayo from Endeavor Puerto Rico, shared insights on fostering innovation and explored investment opportunities in the Dominican market. Venture capitalists managing over $100 million in funds for Latin America and the U.S. evaluated the Dominican Republic’s startup landscape, highlighting its potential for regional relevance in the industry.

The event underscored startups’ role as drivers of innovation and economic growth, focusing on strategies for international expansion and transforming traditional sectors. Industry leaders such as Jaime Matus (Volcano Summit) and Patricia Acosta (TIE Silicon Valley) emphasized how Dominican startups can compete globally, boost the country’s competitiveness, and attract foreign investments. Backed by major organizations, including BID Lab and Amazon Web Services, Boostcamp 2024 reinforced the Dominican Republic’s position as an emerging hub for high-impact entrepreneurship.

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