The tenth edition of the Dominican Republic's Entrepreneurs Fair brings together business representatives and offers prizes of up to RD$3 million, free consultations, and opportunities to develop new businesses
SANTO DOMINGO.– Tourism Minister David Collado led the inauguration this Thursday of the tenth edition of the Dominican Republic Entrepreneurs Fair, held at Downtown Center, with the announced participation of more than 85 young people and the support of representatives from the business sector, on the occasion of National Entrepreneurs Day.
During his speech, the official highlighted the number of participants in this edition and the space limitations that the organizers faced in accommodating the various commercial initiatives.
"We had no other place to accommodate the more than 85 young entrepreneurs who will be participating," Collado said during the opening ceremony.
He also expressed his gratitude for the support of representatives from Banco Popular, an entity that, he stated, has maintained its collaboration with this activity over the years.
"Banco Popular always supports this entrepreneurs' fair," the minister noted, acknowledging the financial institution's support in organizing the event.
In that context, the event was attended by the United States Ambassador to the Dominican Republic, Leah Campos, as well as renowned businesspeople and other personalities linked to national economic development.
Prizes of up to RD$3 million to boost businesses
Under the slogan "Your project can be the next big story," the tenth edition includes prizes of up to RD$3 million in cash, as well as tools and services designed to facilitate the creation, formalization, and growth of new businesses.
In this regard, the available benefits include free legal, financial and advertising advice, as well as guidance on marketing strategies, social media management and mechanisms to improve the competitiveness of projects.
Similarly, participants will have access to conferences, specialized panels, and free company formation services, with the aim of facilitating their entry into the formal market.
Furthermore, the program includes commercial exhibition spaces, where young people will have the opportunity to present their products, establish contacts with potential clients and expand their relationships with representatives from the business sector.
The Pepín Corripio Award will recognize entrepreneurial talent
As part of the activities, the winner of the Pepín Corripio Award for Dominican Entrepreneur will be selected, a distinction that recognizes the effort, perseverance, innovation and ability of those who develop productive initiatives.
Furthermore, this recognition is part of the incentives considered by the organizers to highlight projects with potential for growth and generation of economic opportunities.
In turn, the fair seeks to facilitate the exchange of experiences between established entrepreneurs and young people who are beginning to develop their own business initiatives.
Business leaders and diplomats support the initiative
During the opening ceremony, the organizers highlighted the participation of representatives from the private sector and personalities who have supported the celebration of this meeting throughout its ten editions.
In that order, the master of ceremonies thanked the US ambassador Leah Campos for her presence, as well as the Dominican businesspeople who joined the activity.
"Thank you also for continuing to bring us together year after year to celebrate the talent and ideas of our entrepreneurs," he said during his speech.
Subsequently, the authorities and personalities present participated in the traditional ribbon cutting, which formally inaugurated the fair.
Before concluding his participation, the Minister of Tourism also thanked the media for covering the event.
"Many thanks to the media for covering this wonderful event today, National Entrepreneurs Day in the Dominican Republic," Collado said.
A decade of support for new business ventures
With ten editions held, the Dominican Republic Entrepreneurs Fair has become a meeting place for young people with business projects, entrepreneurs and entities that offer support for the start-up of new businesses.
In this way, the initiative seeks to facilitate access to knowledge, management tools and strategic contacts that allow participants to strengthen their proposals and overcome some of the difficulties they face when starting an economic activity.
It also seeks to promote the formalization of small businesses and expand opportunities for new actors to participate in the national productive fabric.
Finally, this tenth edition brings together young entrepreneurs, who will be able to showcase their initiatives and take advantage of the guidance services available during the event.
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