SAMARANCH HIGHLIGHTS CRESO PROGRAM IN THE INTEREST OF ATHLETES

SAMARANCH HIGHLIGHTS CRESO PROGRAM IN THE INTEREST OF ATHLETES

The Vice-chair of the International Olympic Committee (IOC), 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 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.

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 career comes to an end, they hold the tools that will enable them to enter the labor market”, Vicini said.

Among the attendees, also present was 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.

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.

About CRESO

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.

About INICIA

INICIA is a private asset management firm that operates through partnerships with unique managers focused in the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: Hoy.com.do

Scroll to Top