The objective of the study is to analyze the context of Nicaraguan and Dominican Republic start-ups and young dynamic firms, identifying and proposing the design of up to two comprehensive MIF (Multilateral Investment Fund) projects to support dynamic ventures according to international best practices, adapted to the local reality and to the unavoidable difficulties of seed investing. The proposed intervention had to be sustainable as it is intended to be replicable in other poles of entrepreneurial activities in Central America.
Services provided by META:
- Analysis of the entrepreneurial firms, available deal flow, and investment regulatory framework;
- Assessment of the interest of potential investors in the sponsors and/or other seed investing vehicles;
- Support to institutions, identification of the most appropriate angel investment group model and alternative models, due diligence of Agora Partnership and Incubadora Emprende (www.emprende.org.do);
- Preparation of a roadmap to implementing the pilot project in the Country;
- Guidelines on implementing the proposed comprehensive MIF pilot project.
Which is the added value of Seed financial tools?
Luigi Amati, Responsible for Seed financial tools at META Group: “The seed fund measure designed has the main objective of raising the visibility of the incubator and increase the deal flow of investable start-ups. The fund is based on “proof of concept” examples successfully implemented in similar Countries”.
What is the distinctive element of META Group?
Luigi Amati, Responsible for Seed financial tools at META Group: “We are always committed to the long term relationship with our clients, thus ensuring effective and sustainable measures is a must for us. As a matter of fact, after more than 5 years we continue working with Emprende and are building a successful relationship”.
Mr Marcos Troncoso, CEO of Emprende: “Emprende has had the pleasure of working with META Group in two projects. We really appreciate the value of the services provided by their team. They brought not only a different perspective to what we were doing but also professionalism in their advice. We were highly impressed with the tools used to assess the degree of innovation inside the companies we were evaluating”