Fractional CFO services in Santo Domingo
Santo Domingo is the Caribbean's largest city by population and the economic capital of the Dominican Republic - a country that has sustained 5%+ annual GDP growth for over a decade, powered by tourism, free-trade-zone manufacturing and, increasingly, technology services exports.
The DR's startup ecosystem is early-stage but deliberately institutionalised: RD-Emprende, launched in 2022 by the Ministry of Industry and Commerce (MICM), aggregates 38 public and private entities supporting entrepreneurship, and INTEC's MSME Centre distributed USD 265,000 in seed capital to 20 startups in a single 2024 cohort. The city's position as a nearshore technology services destination - US Eastern Time, Spanish and English bilingual talent, and direct flights to Miami in three hours - is attracting increasing attention from US-based companies seeking LatAm development capacity.
We work with Santo Domingo-based startups from seed to Series B+, supporting them on fundraise prep, cap table management, monthly close, KPI tracking and M&A readiness.
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Santo Domingo startup ecosystem
Caribbean nearshore tech destination
Santo Domingo operates in US Eastern Time (UTC-4), has a growing bilingual (Spanish/English) engineering workforce, and sits three hours by direct flight from Miami and four from New York. These structural proximity factors are driving US companies to establish nearshore development centres in the city - a trend reinforced by the DR's free-trade-zone regime (which applies to tech services exports) and operating costs 60–70% below comparable US markets.
RD-Emprende and INTEC as institutional anchors
RD-Emprende - the MICM sub-agency launched in 2022 - aggregates 38 entities including INTEC, PUCMM and Banco Popular Dominicano to coordinate startup support across training, seed capital and investor access. INTEC's MSME Centre distributed $265,000 in non-reimbursable seed capital to 20 startups in 2024 alone. Boostcamp - Dominican Republic's annual accelerator cohort during Global Entrepreneurship Week - provides the event infrastructure connecting founders with regional investors.
Piantini, Naco and Zona Universitaria as the tech districts
Piantini - Santo Domingo's primary upscale business district - hosts the highest concentration of corporate tech offices, co-working spaces and investor meetings. Naco anchors the mixed commercial and residential cluster preferred by digital agency founders and IT services companies. Zona Universitaria (the university district) connects PUCMM, INTEC and UASD's engineering schools with early-stage incubation activity - the most accessible geography for student founder cohorts.
Engineering talent from PUCMM and INTEC
Pontificia Universidad Católica Madre y Maestra (PUCMM) - with campuses in Santo Domingo and Santiago de los Caballeros - is the Dominican Republic's most prestigious private university and the primary source of engineering, computer science and business talent entering the startup ecosystem. Instituto Tecnológico de Santo Domingo (INTEC) is the specialist technology university, running the MSME Centre that is the most active early-stage startup support programme in the country.
Startups and tech companies founded in Santo Domingo
Santo Domingo's notable tech companies reflect the city's IT services heritage and emerging fintech and marketplace layer - the nearshore model dominates, with independent startups developing alongside established IT groups.
Soluciones GBH
Soluciones GBH is the Dominican Republic's largest IT services and software development company, headquartered in Santo Domingo. It provides enterprise software development, cloud migration and digital transformation services to clients across the Caribbean, Central America and the US. GBH represents the IT services export model most central to Santo Domingo's tech economy.
Pagalista
Pagalista is a Santo Domingo-founded payroll and HR SaaS platform serving Dominican and Caribbean businesses. It automates payroll compliance with DOP tax and social security regulations - targeting the large SMB population that has historically relied on manual spreadsheet payroll processing.
ZonaJobs DR
ZonaJobs DR is the Dominican Republic's leading online employment marketplace, connecting job seekers with employers across the country. As one of the Dominican Republic's most-used digital platforms, it represents the classifieds and marketplace layer that defined the first wave of Latin American internet companies and continues to generate significant traffic in the DR's growing digital economy.
Aerobid
Aerobid is a Santo Domingo-founded B2B aviation parts marketplace connecting aircraft operators and MRO shops with parts suppliers across Latin America and the Caribbean. It operates from Santo Domingo given the city's position as the Caribbean's primary aviation hub - Las Américas International Airport is one of the busiest airports in the Caribbean basin - and targets the regional airline maintenance and operations sector.
Government and institutional support for Santo Domingo startups
Santo Domingo's startup support is centred on MICM's RD-Emprende coordination platform and INTEC's MSME Centre, with Banco BHD and Banco Popular providing the private-sector complement through dedicated entrepreneurship programmes.
RD-Emprende (MICM)
RD-Emprende is the Dominican Ministry of Industry & Commerce's startup coordination sub-agency, launched in 2022. It aggregates 38 entities - universities, banks, government agencies and accelerators - to align training, seed capital and investor access for Dominican entrepreneurs. For founders in Santo Domingo, RD-Emprende is the primary entry point into the government-supported startup infrastructure.
INTEC MSME Centre
INTEC MSME Centre is the entrepreneurship and SME support arm of Instituto Tecnológico de Santo Domingo. It runs the INTEC Emprende pre-incubation programme and distributed USD 265,000 in non-reimbursable seed capital to 20 startups in 2024 through the Regional Seed Capital Programme. For tech founders, INTEC provides structured pre-seed support that is the most active university-backed programme in the country.
Banco BHD – Vamos Adelante
Banco BHD's Vamos Adelante programme provides structured business support, mentorship and credit access to Dominican SMEs and early-stage startups. BHD is one of the Dominican Republic's two largest banks and its entrepreneurship programme is the most accessible private-sector complement to RD-Emprende's public coordination role for founders seeking commercial banking relationships alongside institutional support.
Banco Popular Dominicano – Emprende
Banco Popular Dominicano runs an entrepreneurship and SME development programme providing training, advisory and structured credit for Dominican early-stage businesses. Banco Popular is one of RD-Emprende's 38 member entities and provides the commercial banking infrastructure - account opening, payment processing and trade finance - most commonly used by tech founders in the city.
EmprendeUSAID
EmprendeUSAID is USAID's entrepreneurship development programme operating in the Dominican Republic, providing technical assistance, mentorship and connections to international investors for Dominican startups with growth potential. It is particularly active in supporting founders building for export markets - aligning with the nearshore tech services opportunity that US companies increasingly see in the DR.
Boostcamp Accelerator
Boostcamp is Santo Domingo's primary private accelerator, running annual cohort programmes during Global Entrepreneurship Week and connecting Dominican founders with regional LatAm investors and international mentors. Its 2024 cohort highlighted the DR's startup potential to a regional audience and is the most visible event-based infrastructure for connecting Santo Domingo's ecosystem to external capital.
We provide fractional CFO services across Santo Domingo and beyond
Simple pricing
No hidden costs, no complicated long-term contracts. We understand how important flexibility is for Santo Domingo startups.
Per month
- Accounting / FP&A tech stack implementation
- Monthly financial statements and reporting pack
- Quarterly board pack with detailed financial analysis (with variance analysis vs. budget, relevant KPI observations etc.)
- Investor-friendly output
Per month
- Everything in Core, plus
- Operating model (via an online platform like Runway or Excel-based)
- Ongoing model maintenance, refining projections, burn/runway management
- Customer cohorts modelling, churn and retention analysis
- LTV / CAC, unit economics analysis
- Cap table management
Per month
- Everything in Grow, plus
- M&A / fundraising support; review of business plan
- Pitch deck preparation
- Investor approach strategy / list building
- Due diligence support and deal negotiation
- Valuation as required and free access to Multiples Pro
Packages shown are illustrative, final pricing is tailored to client requirements.
Recently completed fractional CFO projects
Selected fractional CFO engagements and prior CFO experience.
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