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View Full Version : Chilean support for DR innovation



NewsWhore
03-19-2007, 05:50 PM
The government of Chile will be working together with the Inter-American Development Bank to support innovation in the Dominican Republic and Central American countries. President Michelle Bachelet of Chile and the president of the Inter-American Development Bank, Luis Alberto Moreno signed the agreement in Guatemala City yesterday.
The IDB promotes technology innovation involving both the public and private sectors. The fund will finance scholarships and internships and the dissemination of projects in the area of technology innovation, taking advantage of best practice in Chile. Beneficiary countries are Belize, Costa Rica, El Salvador, Guatemala, Honduras, Panama and the Dominican Republic.
The fund will also finance institutional capacity building to develop technology innovation; innovative projects to adopt and transfer technology; generation of development policies and strategies for innovation; and training of human resources in the area of technology innovation.
The IDB reports that Chile's rich experience in all these areas has helped turn it into the most competitive country in Latin America and the Caribbean. The new fund seeks to provide the beneficiary countries with access to these high level technology processes similar to those created in developed countries, but following successful models closer to their own realities.

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