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
[Official Website Hidden]
[LinkedIn Profile Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Portfolio Companies
- Eco Trofeos
- Tag Shelf
- Contapp
- BotCity
- Our Flavour
- Mr. Coco
- PUSHBOX
- Green Depot
- Mina Verde
Claim this Investor
Are you an official representative of Cree Banreservas?
Claim this investor to update information, manage your profile, and get a verified seal.
Claim