On a mission to level up the local ecosystem

The MIT Regional Entrepreneurship Acceleration Program (MIT REAP) provides opportunities for communities around the world to engage with MIT in an evidence-based, practical approach to strengthening innovation-driven entrepreneurial (IDE) ecosystems.

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What is the MIT REAP program?

The MIT REAP program aims to catalyze economic development by fostering a culture of innovation and entrepreneurship within participating regions, ultimately leading to sustainable growth and prosperity.

MIT REAP operates through a multi-year engagement process where selected regions work closely with MIT faculty, researchers, and experts to analyze their current innovation ecosystems, identify strengths and weaknesses, and develop action plans for improvement.

MIT Reap Typical Outcomes

Enhanced Entrepreneurial Ecosystem

This includes the creation of supportive infrastructures such as startup incubators, accelerators, and co-working spaces.

Improved Access to Funding

This can come from both domestic and international sources, including venture capital firms, angel investors, and government grants.

International Collaboration

This can lead to partnerships with foreign institutions, joint research projects, and knowledge sharing that benefits the country's innovation ecosystem.

Increased Startup Activity

This can manifest in various ways, including a rise in the number of new startups, increased investment in entrepreneurial ventures, and a higher rate of startup success.

Enhanced Policy Frameworks

This can involve reforms in areas such as intellectual property rights, regulatory environments, tax incentives for startups, and government procurement practices.

Talent Development

MIT REAP often leads to initiatives aimed at talent development, including entrepreneurship education programs at universities, vocational training for aspiring entrepreneurs, and initiatives to attract and retain skilled professionals.

Suriname has always been a land of rich potential, endowed with natural beauty and a resilient people. But now, we have the chance to unlock even greater potential – the potential for innovation, entrepreneurship, and sustainable growth. It's about daring to dream big and having the courage to turn those dreams into reality. Together, we have the opportunity to shape the future of Suriname's innovation ecosystem.

465
465 total participants that participated in the MIT Reap program.
$10 million
Average population
51+ regions
The MIT Reap Program has impacted more than 51 world regions.

At a Glance

On average, countries participating in the MIT REAP program experience a significant increase in startup activity within their innovation ecosystems. This growth is often measured by metrics such as the number of new startups launched, job creation by startups, and the amount of investment attracted by startups.

So let us roll up our sleeves, embrace the spirit of collaboration, and seize this moment with unwavering determination. Together, we can write a new chapter in Suriname’s story – a chapter filled with innovation, entrepreneurship, and boundless opportunities for all.

Because Suriname deserves to shine.

Together, we can write a new chapter in Suriname's story– a chapter filled with innovation, entrepreneurship, and boundless opportunities for all. Let us embark on this journey with hearts full of hope, minds open to new ideas, and a steadfast commitment to building a better future for generations to come. Want to help?