Venture Capital

Cree Banreservas

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Pre-Seed

Geographical Focus
United States, Dominican Republic

Industries Focus

  • Software
  • SaaS
  • Compliance

Investor Details Founded: 2015

Cree Banreservas is a venture capital program established by the Banco de Reservas in the Dominican Republic, dedicated to fostering the development of innovative startups with high growth potential. The program offers non-traditional financing and equity investment in exchange for ownership stakes, aiming to stimulate the country's socio-economic growth. Since its inception in 2015, Cree Banreservas has evaluated over 5,200 entrepreneurial projects and invested more than RD$72 million in capital for innovative ventures.

The program provides comprehensive support to entrepreneurs, including technical mentorship, access to a network of mentors, and connections with other entrepreneurs and potential investors. It operates through various initiatives, such as the General Call Program, which is open year-round for projects requiring investment to scale their operations, and the Pre-Acceleration Program, designed for existing projects needing business model reinforcement and mentorship to prepare for investment. These programs are structured to enhance the viability and success of startups in the Dominican Republic.

Cree Banreservas has a track record of selecting and supporting numerous startups across diverse sectors. Notable examples include Eco Trofeos, a company specializing in eco-friendly trophies; Tag Shelf, a digital studio offering AI-driven solutions; and Contapp, an online platform assisting small businesses with digital accounting and invoicing. The program's commitment to innovation and economic development is evident in its continuous efforts to empower entrepreneurs and contribute to the growth of the Dominican Republic's economy.

Requirements
  • Minimum team size of two individuals with diverse expertise
  • At least one entrepreneur must be Dominican or the project must operate in the Dominican Republic
  • Less than three years since the first commercial transaction
  • Legally constituted company in accordance with Dominican laws
  • Statutes that do not limit the sale and transfer of company shares
Contact

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Portfolio Companies
  • Eco Trofeos
  • Tag Shelf
  • Contapp
  • BotCity
  • Our Flavour
  • Mr. Coco
  • PUSHBOX
  • Green Depot
  • Mina Verde
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