During the meeting, also present was the Chairman of the DOC, Luisín Mejía Oviedo, who seized the opportunity to explain to the IOC how CRESO and the Ministry of Sports are currently communicating and working together towards Tokyo2020.
The Vicechair of the International Olympic Committee (COI), Juan Antonio Samaranch, met with the heads of the CRESO Program, whom he congratulated for the initiative, inspired by the Spanish Program on High-Performance Sportsmen- ADO.
The courtesy visit was hosted in the INICIA headquarters, where the CRESO chairman, Felipe Vicini, explained to Samaranch, the CRESO operational methodology, and the investment process designed for each high-performance athlete in the D.R since its inception in 2011.
The meeting also featured the presence of the COD Chairman, Luisín Mejía, who seized the occasion to explain to the IOC executive, how the COD, CRESO and the Ministry of Sports are working together, with their sights set on Tokyo 2020.
Precisely, the meeting with Samaranch took place prior to the CRESO strategic planning session, where all 15 federations comprising the program presented their training programs for the current Olympic cycle.
Vicini seized the opportunity to personally deliver to Samaranch, a volume of the book “GLORIES: Going for the Gold”, which narrates the 70-year history of the Dominican Olympic movement, and the role CRESO has played in developing high-performance sports.
“The implementation of initiatives under private investments that go alongside public investment in high-competition sports, is key for countries to move forward in sports development”, Samaranch explained.
Meanwhile, Vicini explained that CRESO, asides investing in the sportsmanship aspect of the program, also invests in the athletes’ education, endowing each athlete with an educational scholarship.
“We want every athlete that competes, to major in a career, so that when their sports lifespan comes to an end, they possess the tools that will enable them to enter the labor market”, Vicini said.
CRESO is a non-profit organization that consists of the Dominican business community that invests in the development of a high-performance olympic athletic platform, accompanied by academic training of the athletes. INICIA, together with the Dominican Olympic Committee, is responsible for creating CRESO and achieving the involvement of 9 other leading companies that also invest in this program.
INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.