ENTITY STRUCTURE & GOVERNANCE
Two Entities, One Mission
A brother-sister dual entity model adapted for the Dominican Republic: CaribVista República Dominicana Land Trust (non-profit under Law 122-05) activates 48,000 ha of idle land with CONACADO and IDIAF partnerships. IAGRO SAT Caribbean RD SRL (for-profit) provides satellite monitoring at arm's length pricing.
BROTHER-SISTER MODEL // INDEPENDENT ENTITIES // COMMON FOUNDER
01 // ENTITY RELATIONSHIP
FOUNDER / COMMON LEADER
CEO of IAGRO SAT · Board of CaribVista RD (ex-officio, non-voting on conflicts)
SATIAGRO SAT Caribbean RD SRL
FOR-PROFIT // SRL REGISTERED UNDER LAW 479-08
Technology Products:
- Sentinel-2 monitoring across 31 provinces
- ML cocoa/coffee phenology tracking
- Hurricane damage rapid assessment
- NDVI/EVI vegetation health indices
- Cross-border Hispaniola monitoring (DR + HT)
- Carbon MRV for agroforestry certification
Owns all technology IP. Registered SRL per Law 479-08. Can serve any client.
CLTCaribVista República Dominicana Land Trust
PROPOSED NON-PROFIT // NOT YET INCORPORATED // LAW 122-05
Mission in DR:
- Lease idle land via IAD parcelas system
- Employ and train Dominican farmers
- CONACADO organic cacao cooperative integration
- Coffee and specialty crop development (Cibao/Bahoruco)
- Haiti-DR food corridor: cross-border food security
- Reduce Dominican Republic food import dependency
Independent board. Tax-exempt under Law 122-05. CONARE-compliant.
MULTI-DONOR FUNDING
CDB + Banco Agrícola + IDB → CaribVista RD
SERVICE FEE
CaribVista → IAGRO SAT (arm's length)
ORGANIC PREMIUM
CONACADO market → EU buyers (EPA)
WHY TWO ENTITIES, NOT ONE
CDB grant eligibility
For-profits rarely receive CDB grants. Non-profit is the grant recipient.
Technology IP protection
IP stays in for-profit SRL, licensed to non-profit. No mission drift risk.
CARIFORUM market access
EU-CARIFORUM EPA gives preferential access. Non-profit certified produce qualifies.
Mission alignment
Non-profit board protects CONACADO farmer interests. For-profit optimizes technology.
Tax efficiency
Non-profit exempt under Law 122-05. For-profit generates taxable SRL income.
IAD land pathway
Government parcelas land accessible through non-profit charitable mandate.
02 // REAL-WORLD PRECEDENTS
This Model is Standard Practice
CONACADO Cooperative Model
NON-PROFIT COOPERATIVE + MARKET ACCESS
CONACADO (Confederación Nacional de Cacaocultores Dominicanos) operates as a farmer-owned cooperative with 40,000 members. Organic certification infrastructure built over 30 years. Direct EU market access without intermediaries.
CaribVista can plug into existing CONACADO organic certification — no need to build from scratch. Premium prices already negotiated.
conacado.do / ICCO organic cocoa reports
Patagonia / Holdfast Collective
TRUST + NON-PROFIT
Founder transferred 100% of Patagonia to Patagonia Purpose Trust (2% voting) + Holdfast Collective (98% economic, 501(c)(4)). For-profit generates revenue, non-profit funds environmental action.
For-profit can generate revenue that funds a non-profit mission while maintaining separate legal identities.
patagonia.com/ownership/
Mozilla Foundation + Corporation
PARENT-SUBSIDIARY
Non-profit foundation created for-profit Corporation (2005) to handle $500M+ in search revenue. Foundation owns 100% of Corporation and channels profits to open-source mission.
Non-profit can legitimately contract with or own a for-profit when it serves the mission.
mozilla.org/foundation/moco/
TechnoServe / Digital Green
NON-PROFIT + TECH PARTNERS
Agricultural non-profits that contract with for-profit technology providers. Funded by Gates Foundation, MacArthur, World Bank, IDB, government partners.
The non-profit-contracts-for-profit-tech-provider model is standard in agricultural development.
technoserve.org, digitalgreen.org
03 // GOVERNANCE FRAMEWORK
Board Composition & Safeguards
CaribVista Land Trust board — 7 seats, 5+ independent, founder recused on all conflict matters. Key feature: CONACADO farmer cooperative has dedicated seat, directly representing 40,000 organic cocoa farmers. Source: CDB Procurement Procedures 2021 + Law 122-05 governance requirements.
SEAT
WHO
INDEPENDENT
Independent Chair
Dominican agriculture or business leader (Cibao Valley sector preferred)
YES
CONACADO Representative
Elected representative from CONACADO farmer cooperative (40,000 members)
YES
Legal/Finance Expert
Attorney or CPA with DR non-profit governance (Law 122-05 experience)
YES
Academic/Technical
IDIAF (Instituto Dominicano de Investigaciones Agropecuarias y Forestales) liaison
YES
CDB Observer
CDB-appointed representative (non-voting)
YES
Founder
Ex-officio, non-voting on conflict matters
RECUSED
Staff Representative
Elected by CaribVista Dominican employees after Year 1
YES
8 GOVERNANCE SAFEGUARDS
01Independent Board Majority
At least 5 of 7 board members have NO financial relationship with IAGRO SAT
Source: CDB Procurement Procedures 2021
02Written Conflict of Interest Policy
Adopted at incorporation, signed annually by all board members and officers
Source: Law 122-05 / IRS best practice
03Recusal Protocol
Founder recuses from ALL votes on own compensation and any IAGRO SAT contract
Source: IRS Section 4958
04Arm's Length Pricing
All services priced at or below market rate, with competitive bids documented annually
Source: OECD Transfer Pricing Guidelines
05CONARE Environmental Compliance
All land activation reviewed by Consejo Nacional del Ambiente y Recursos Naturales
Source: DR Environmental law / CONARE mandate
06Annual Independent Audit
By external firm with no relationship to either entity. Public disclosure required.
Source: Law 122-05 / CDB requirement
07CDB Right of Review
CDB may review and approve service contract terms at any time
Source: CDB funding agreement
08Separate Bank Accounts
No commingling of funds between entities — separate Banco Agrícola accounts
Source: Ley General de Sociedades 479-08
04 // LEGAL FORMATION — DOMINICAN REPUBLIC
Dual Incorporation Pathway
STEP 1
Incorporate Non-Profit (Land Trust)
- Ley de Asociaciones Sin Fines de Lucro (Law 122-05)
- Registro Nacional de Personas Jurídicas (ONAP)
- Minimum 3 founding members required
- Must state: no dividends, assets transfer to charity on dissolution
- CONARE environmental compliance review for land activities
STEP 2
Incorporate For-Profit (SRL)
- Ley General de Sociedades Comerciales (Law 479-08)
- SRL = Sociedad de Responsabilidad Limitada
- Registered with Cámara de Comercio y Producción
- Minimum capital: RD$100,000 (≈$1,700 USD)
- ProIndustria registration for technology sector benefits
STEP 3
IAD Land Access Agreement
- Instituto Agrario Dominicano manages state parcelas
- Non-profit charitable mandate enables preferential access
- IAD parcelas reform system: 5-25 year usufruct agreements
- Cibao Valley: priority zone for organic cocoa/coffee
- Bahoruco Mountains: secondary zone, specialty coffee
STEP 4
Execute CONACADO Cooperative MOU
- CONACADO: 40,000 organic cacao farmers, EU-certified
- Memorandum of Understanding for organic certification access
- Shared processing infrastructure and market linkages
- CARIFORUM-EU EPA: preferential tariff-free EU access
- Banco Agrícola financing through cooperative credit lines
ESTIMATED TIMELINE: 8-10 WEEKS FOR DUAL INCORPORATION // ONAP + CÁMARA DE COMERCIO
SOURCE: LAW 122-05 // LAW 479-08 // IAD PARCELAS SYSTEM // PROINDUSTRIA.GOV.DO
SOURCE: LAW 122-05 // LAW 479-08 // IAD PARCELAS SYSTEM // PROINDUSTRIA.GOV.DO
05 // CONACADO COOPERATIVE INTEGRATION
40,000 Organic Farmers Already Certified
The Dominican Republic produces 70% of the world's organic cocoa. CONACADO is the leading cooperative with 40,000 member farmers, EU organic certification, and direct buyer relationships with major chocolate companies. CaribVista does not build from scratch — it plugs into existing infrastructure.
40,000
CONACADO MEMBER FARMERS
70%
WORLD ORGANIC COCOA FROM DR
30+ years
ORGANIC CERTIFICATION HISTORY
CARIBVISTA ↔ CONACADO INTEGRATION LAYERS
Organic Certification Access
CONACADO's existing EU organic certification covers CaribVista-activated parcelas enrolled in the cooperative. Saves 3-5 years of certification timeline.
Market Price Premium
Organic cocoa commands $3,500–$5,000/MT vs. conventional $2,000–$2,500/MT. CONACADO buyer relationships lock in premium pricing.
Shared Processing Infrastructure
CONACADO fermentation centers, drying facilities, and storage logistics available for CaribVista-produced cocoa. Reduces capital expenditure by 40%.
Farmer Training Network
CONACADO's agronomist extension network covers all DR provinces. CaribVista satellite data enhances their existing advisory services.
CARIFORUM-EU EPA Access
CONACADO-certified organic cocoa enters EU tariff-free under CARIFORUM EPA. No additional trade compliance required.
Banco Agrícola Credit Lines
CONACADO cooperative members access Banco Agrícola credit at preferential rates. CaribVista Land Trust farmers qualify through cooperative membership.
06 // SERVICE AGREEMENT PRICING
Six Services, One Contract — DR Scale
IAGRO SAT delivers crop monitoring, cocoa/coffee phenology tracking, pest/disease early warning, irrigation recommendations, hurricane rapid assessment, and annual carbon MRV. Base fee + per-hectare variable. Economies of scale: at 48,000 ha, fee drops to $29/ha/yr.
SCALE
BASE FEE
PER HA
HURRICANE
TOTAL
EFFECTIVE
Pilot (500 ha)
$18K
$42/ha
$5K
$44K
$88/ha/yr
Phase 2 (5,000 ha)
$18K
$35/ha
$10K
$203K
$41/ha/yr
Full (48,000 ha)
$18K
$28/ha
$20K
$1.4M
$29/ha/yr
ARM'S LENGTH VALIDATION
At full scale, the $29/ha/yr rate falls well within the $25-87/ha/yr range charged by independent providers for comparable full-stack services (Farmonaut $12-45/ha, EOSDA $5-10/ha basic, Cropin $5-30/ha, drone services $150-500/ha). The inclusion of cocoa phenology tracking, cross-border Hispaniola monitoring, and carbon MRV justifies premium positioning. Cost-plus 20% markup: verified OECD-compliant.
Sources: Farmonaut pricing page, EOSDA Crop Monitoring, Cropin enterprise, Planet Labs area-based subscriptions, CODOCAFE pricing research
07 // 5-YEAR REVENUE TRAJECTORY
Both Entities Become Self-Sustaining
DR premium organic pricing ($13,300/ha) means CaribVista achieves self-sustainability by Year 1 at pilot scale. By Year 5, the programme generates $308M net surplus — reinvested into Caribbean food security network.
YEAR
HECTARES
CV REV
CV NET
SAT FEE
SAT TOTAL
SAT NET
FEE % REV
Y1
500
$6.7M
$2.5M
$44K
$80K
$-28K
0.66%
Y2
2,000
$26.6M
$11.6M
$116K
$180K
$22K
0.44%
Y3
8,000
$106.4M
$48.4M
$390K
$520K
$90K
0.37%
Y4
24,000
$319.2M
$149.2M
$894K
$1.1M
$220K
0.28%
Y5
48,000
$638.4M
$308.4M
$1.4M
$1.9M
$380K
0.22%
0.22%
IAGRO SAT FEE AS % OF
CARIBVISTA REVENUE (Y5)
CARIBVISTA REVENUE (Y5)
$308M
CARIBVISTA NET SURPLUS
YEAR 5 (DR)
YEAR 5 (DR)
$638M
FULL PROGRAMME
ANNUAL REVENUE (Y5)
ANNUAL REVENUE (Y5)
08 // FINANCING PARTNER LANDSCAPE
Six Funding Pathways — All Active in DR
The Dominican Republic has the deepest institutional financing landscape in the CaribVista 15-country portfolio. CDB, IDB, World Bank, USAID, EU CARIFORUM, and Banco Agrícola all have active DR programs. Combined addressable financing: $48–93M for the pilot + Phase 2.
CDB (Caribbean Development Bank)
$5MCARIFORUM MEMBER — TECHNICAL ASSISTANCE ELIGIBLE
Technical assistance grant for Land Trust formation + pilot operations
Banco Agrícola de la República Dominicana
$10–20MDR GOVERNMENT DEVELOPMENT BANK
Concessional agricultural financing, land improvement credit, farmer working capital
IDB (Inter-American Development Bank)
$15–30MMAJOR DR PORTFOLIO HOLDER
Climate-smart agriculture, food security, rural finance programs
World Bank / IFC
$10–25MACTIVE IN DR AGRICULTURE AND CLIMATE
Climate adaptation financing, organic market development, SME investment
EU CARIFORUM EPA Fund
$5–10MCARIFORUM ECONOMIC PARTNERSHIP AGREEMENT
EU preferential market access + development assistance for agriculture sector compliance
USAID Dominican Republic Mission
$3–8MACTIVE AGRICULTURE PROGRAMS
Food security, climate resilience, agricultural market development
CARIFORUM-EU EPA: UNIQUE TO DO & SIMILAR CARIFORUM MEMBERS
The CARIFORUM-EU Economic Partnership Agreement (EPA, signed 2008) gives DR organic agricultural exports tariff-free, quota-free access to the €18T EU single market. This is a structural advantage unavailable to most CARICOM-only members. CONACADO already exploits this — CaribVista activation plugs directly into the EPA supply chain without additional trade compliance cost.
Source: CARIFORUM-EU EPA (OJ L 289, 30.10.2008) // CONACADO EU market reports // WTO Trade Policy Review: DR
09 // HISPANIOLA FOOD CORRIDOR
One Island, Two Countries, One Opportunity
Hispaniola is the world's most stark development contrast: the Dominican Republic ($124.3B GDP, 6%+ growth) shares 380 km of border with Haiti ($11B nominal GDP, 80% food import dependency, nutrition crisis). CaribVista's Hispaniola Initiative coordinates DR organic production surplus with Haiti food security.
DOMINICAN REPUBLIC SIDE
- 48,000 ha idle land activated for organic production
- Premium EU market pricing via CARIFORUM EPA
- Surplus staple food (plantains, root crops, rice) enters Haiti corridor
- Cross-border satellite monitoring: Sentinel-2 covers both sides
- CODOCAFE and CONACADO certification traceable across border
HAITI SIDE (RECIPROCAL)
- 34,000 ha idle land activated under CaribVista Haiti program
- WFP/MARNDR coordination for food distribution
- FONKOZE microfinance for farmer capital access
- Artibonite Valley rice surplus back-flows to DR border markets
- Joint CARIFORUM application: DR sponsors Haiti program access
380 km
SHARED DR-HAITI BORDER
$100–200M
ANNUAL CROSS-BORDER INFORMAL TRADE
3.5M
PEOPLE FED BY HISPANIOLA INITIATIVE (5YR)
10 // CDB ENGAGEMENT
Total CDB Ask: $5M
The Dominican Republic is a CARIFORUM member, giving access to CDB technical assistance. The $5M CDB ask is catalytic — unlocking $43–88M in IDB, World Bank, and Banco Agrícola co-financing.
$2.5M
TECHNICAL ASSISTANCE GRANT
Law 122-05 Land Trust formation, CONACADO integration MOU, Cibao Valley pilot operations (500 ha), farmer training, IAGRO SAT satellite monitoring deployment, IDIAF research partnership
$2.5M
CONCESSIONAL LOAN
Irrigation rehabilitation (IAD parcelas), post-harvest processing infrastructure, cold chain for export-quality organic cocoa, equipment financing (repaid from produce revenue)
WHAT CDB GETS
A replicable organic agriculture + satellite monitoring model for the DR — the Caribbean's fastest-growing economy. Proof that the CARIFORUM-EU EPA can be leveraged by smallholder cooperatives at scale. If DR works at 48,000 ha, CDB has the template for Jamaica, Trinidad, Belize, Guyana, and Haiti. Total Caribbean programme value: $638M+ at full scale across all 15 countries.
$5M
CDB SEED INVESTMENT
$15–25M
BANCO AGRÍCOLA CO-FINANCING
$25–55M
IDB/WB CO-FINANCING
11 // THE VISION
DR as the Caribbean Food Powerhouse
The Dominican Republic is the Caribbean's largest economy and fastest grower. With 48,000 ha of idle land, established organic certification infrastructure, CARIFORUM-EU market access, and the world's leading organic cocoa sector, DR is positioned to anchor the entire Caribbean food network. Every family in need in the Caribbean region should have access to nutritious food — and the DR has the land, the infrastructure, and the market relationships to make it happen.
BB
Barbados
13,468
IDLE HECTARES
PILOT
JM
Jamaica
85,000
IDLE HECTARES
PHASE 2
TT
Trinidad & Tobago
22,000
IDLE HECTARES
PHASE 2
DO
Dominican Republic
48,000
IDLE HECTARES
PHASE 2
GY
Guyana
180,000
IDLE HECTARES
PHASE 3
SR
Suriname
95,000
IDLE HECTARES
PHASE 3
BZ
Belize
38,000
IDLE HECTARES
PHASE 3
HT
Haiti
34,000
IDLE HECTARES
PHASE 3
CARIBBEAN FOOD REDISTRIBUTION NETWORK — DR ROLE
Organic Premium Exports
70% of production sold to EU (organic cocoa, coffee, specialty crops) at premium prices via CARIFORUM EPA. Revenue funds the entire program including free food distribution.
Hispaniola Corridor
Surplus staple food production flows across the 380 km border to Haiti. Coordinates with FONKOZE microfinance and MARNDR for direct farmer-to-community distribution.
CARICOM Food Security
Excess production enters the CARICOM food redistribution network — feeding island nations with highest import dependency. The model is self-sustaining. Not perpetually grant-dependent.
ALIGNED WITH CARICOM VISION 25 BY 2030 // 25% REDUCTION IN FOOD IMPORT BILL
CARIBVISTA DOMINICAN REPUBLIC DOSSIER
Executive Brief
The DR opportunity
Agriculture Feasibility
Costs, crops, yields
Proof Annex
Every number sourced
Full Dossier
30 sections, satellite data
CaribVista | IAGRO SAT Caribbean // Entity Structure & Governance // Dominican Republic // 2026-02-24
CaribVista República Dominicana Land Trust is a proposed entity, not yet incorporated. IAGRO SAT Caribbean RD SRL is proposed under Law 479-08.
Contact: partnerships@iagrosat.com