The Inter-American Development Bank’s Multilateral Investment Fund (known in Spanish as Fomin) will be donating US$850,000 of a US$1.8 million fund to small and micro-businesses in the Colonial City. The funding will contribute to the development of businesses in the remodeled Colonial City of Santo Domingo. The IDB has funded a US$31 million remodeling project in the area. Flora Montealegre signed the agreement for the IDB and Luis Marino Lopez signed for the Tourism Cluster of Santo Domingo.
http://www.iadb.org/en/projects/project-description-title,1303.html?id=DR-L1035