Imran Aftab for Entrepreneur en Español: How Costa Rica is Capturing the Attention of Investors Worldwide
10Pearls’ CEO, Imran Aftab, recently shared insights on Costa Rica’s rapid growth in the tech space in an article for Entrepreneur en Español.
Imran mentioned how Costa Rica is becoming an ideal destination for tech businesses, citing government support, access to financing, and a rapidly growing entrepreneurial culture, particularly among millennials, as primary drivers of growth.
He also noted that Costa Rica’s stable economic and political environment, skilled workforce, and robust infrastructure are key factors in establishing itself as a dynamic technology hub, attracting companies and investors from around the globe.
Imran emphasized factors such as aligned time zones and access to a wide and diverse pool of talent as strategic advantages of nearshore outsourcing for firms like 10Pearls.
He identified three primary drivers fueling Costa Rica’s tech ecosystem:
Global Export:
Costa Rica’s GDP benefits significantly from IT services, driven by sectors like IT consulting, cloud services, software development, and biotechnology.
Education and Support for SMEs:
The country’s emphasis on education and entrepreneurship nurtures talent and supports small businesses, promoting a thriving network.
Policies Promoting Innovation:
Government initiatives promoting innovation, along with supportive policies for tech firms, position Costa Rica favorably for tech investment.
Imran also noted Costa Rica’s commendable investment of 7.4% of its GDP into education, alongside initiatives like the National Bank of Costa Rica’s SME support programs, which are propelling the country’s entrepreneurial spirit.
His analysis highlights how Costa Rica and Latin America are becoming global technology hotspots, offering a wide range of opportunities to both local and international players.
As innovation and entrepreneurship continue to grow in the region, it will strengthen its position as a significant player in the global innovation and technology landscape, leading to a prosperous and sustainable future.
Read the full article on Entrepreneur en Español here.
Originally published at https://10pearls.com/imran-aftab-for-entrepreneur-en-espanol-how-costa-rica-is-capturing-the-attention-of-investors-worldwide/
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