50h: Laboratorio Emprendedor

CONTEXT:

50H: Entrepreneurial Laboratory adresses microenterprises in an early stage needs of seed capital to test new ideas and the support to re-focus their product/services to the market. With the intervention of the program and what its offer (seed capital, training, mentorship and connections) we hope that entrepreneurs have the right skills and mindset to better focus their current or future venture.

SUPPORT MECHANISM:

The program is designed to connect local microenterprises with mentors and local entrepreneurial ecosystem. This connection helps us develop capacities in the entrepreneurs to better develop their venture or new venture. 

IMPLEMENTING AGENCIES:

Ministry of Industry, Commerce & MSMEs - Lead coordinator.

Local Chambers of Commerce and Production

Universities

City Council

Local Government Agencies

Local NGOs

ELIGIBILITY:

General public over 18 years old with:

A startup or microenterprise with less than 3 years of operations.

Timeline:

There is no specific timeline defined for the program. Any local organizations can start the process of bringing the program to their territory by asking to the Ministry to execute it for their entrepreneurs, this organization becomes the lead coordinator of the program and must obtain the support of the other organization in the territory. 

MONITORING + EVALUATION METHODS

Base line evaluation of the entrepreneurs at the start and the end of the program.

CHALLENGES + LESSONS TO DATE:

The main challenge is to be able to align the agenda and create a network of private and public organizations that works towards building a local entrepreneurial ecosystem. The advantage of this program is the execution of it, being held only during a weekend.

KEY ADVISOR(S) OR LEADER(S):

Ministry of Industry, Commerce & MSMEs.

  • Jose M. Checo, Entrepreneurship Director
  • Rubi R. Breton, Head of Innovative Businesses
  • Alan Fernandez, Head of Entrepreneurial Mindset Development
  • Patricia Acosta, Head of Entrepreneurial Ecosystem

 

CURATED BY

Red Nacional De Emprendimiento de la República Dominicana, Ministry of Industry & Commerce of the Dominican Republic
Dominican Republic
Red Nacional De Emprendimiento de la República Dominicana, Ministry of Industry & Commerce of the Dominican Republic
Dominican Republic
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