The Dominican Republic Superintendency of the Securities Market (SIMV) announced the opening of the third edition of its Dominican Capital Market Contest, aimed at strengthening the securities market by promoting specialised research and innovative proposals. This year’s theme focuses on the Dominican diaspora as a financial engine and seeks analysis on mechanisms to channel remittances and overseas savings into the local capital market to support strategic sectors including infrastructure, tourism, energy and housing. The contest is open to Dominican nationals aged 18 to 40 living in the country or abroad, and to foreign nationals with legal residence in the Dominican Republic. Submissions may be individual or in teams of up to three, and must be original and unpublished, either as research articles or as design, product or service proposals; suggested angles include formal investment channels for remittances and diaspora savings and the use of foreign-currency securities issuance to connect with potential investors. SIMV referenced official 2025 remittances of USD 11,866.3 million, up 10.3% year on year, as context for the initiative. Entries will be accepted from 24 March to 10 August 2026, followed by jury evaluation and selection of the top three projects. Each of the three winners will receive DOP 200,000 and a recognition plaque, then compete in an oral round scheduled for 12 to 23 October, after which a grand winner will be selected for an additional DOP 200,000.

Original source View in tracker