Leonel Fernandez, the former Dominican Republic president and current chairman of the Global Foundation for Democracy and Development (Funglode), announced on Tuesday the creation of Dominicana Tech, a program that includes mentoring, education and training for technology entrepreeneurs, an investment fund and a program to promote R&D development and policy.
The former president said this builds on work started during his admistration, including the Santo Domingo Cyberpark, which today has over 1,500 employees working for 20 countries and 2,000 students studying advanced technology topics. Today, he said, 16 national universities run incubators, entrepreneurship programs and business plan contests.
Fernandez also said the Domincan Republic, which sent 30 business leaders to the inaugural eMerge Americas, will be back next year with an exhibit in the international pavilion. He also said he wouldn't be surprised to see several Dominican companies make significant investments in Florida, particularly Miami.