This young executive made her first buffalo sausages as a student at the National Technical University (UTN) in Balsa de Atenas, and turned her project into a company.
While large numbers of Ticos still prefer their corner stores, preference for grocery and convenience stores more than doubled from 12 percent in 2015 to 27 percent this year.
Local businesses can apply for environmental loans ranging from $1,500 to $150,000, which must be invested in environmentally friendly technologies to improve efficiency. That technology includes solar panels, electronic ballasts, high efficiency diffusers and reflectors, air compressors, fluorescent lamps, LED lights, electric engines, cooling systems, boilers, low-energy vehicles and others.
Being aware of the differences between the types of startups and the advantages and disadvantages of each can help entrepreneurs better prepare for the road ahead and make better decisions when making the leap.
The right pieces seem to be there, but they’re not matching somehow. Entrepreneurs are still not talking the investors’ language; the investors are not yet very familiar or comfortable with the augmented risks of venture capital; and expats don't necessarily have the networks to find the right projects.