Cape Verde authorities initiated BOOST.CV as their National Startups and Digital Business Acceleration Program. The program represents a central component of the nation's Digital Nation strategy, targeting young entrepreneurs within Cape Verde and among its global diaspora. Officials designed this initiative to establish a robust startup ecosystem throughout the archipelago.
The program operates alongside complementary measures such as the Startup Act legislation and the Morabeza Fund. The Startup Act streamlines business operations while attracting foreign investment opportunities. The Morabeza Fund provides $24 million in financial support specifically for technology startups managed by young people and women entrepreneurs.
Government leaders position BOOST.CV is a comprehensive public policy mechanism rather than a simple support tool. The initiative places young citizens at the heart of national development planning while harnessing both domestic and international Cape Verdean talent. Officials launched the program at TechPark with ambitions to establish Cape Verde as a digital connection point linking Africa, Europe, and America.
The program operates alongside complementary measures such as the Startup Act legislation and the Morabeza Fund. The Startup Act streamlines business operations while attracting foreign investment opportunities. The Morabeza Fund provides $24 million in financial support specifically for technology startups managed by young people and women entrepreneurs.
Government leaders position BOOST.CV is a comprehensive public policy mechanism rather than a simple support tool. The initiative places young citizens at the heart of national development planning while harnessing both domestic and international Cape Verdean talent. Officials launched the program at TechPark with ambitions to establish Cape Verde as a digital connection point linking Africa, Europe, and America.
