Corporación Nuevo Arco Iris (New Rainbow Corporation) is a non-governmental organization in Colombia.[1]
Overview
editThe Rainbow Corporation was created in 1994 as part of an agreement between the Colombian government and Corriente de Renovación Socialista.[1] It supports the modernization and democratization of Colombia through peace and development of education, health, housing, employment and further economic initiatives.[1]
Its president is León Valencia. Boardmembers include Antonio Sanguino, Rodrigo Osorno.[2] Most members are former Marxist rebels, notably from the National Liberation Army.[2] Fifteen employees have been killed in recent years. The organization is protected by 40 bodyguards.[2] It has 200 employees, 115 of whom are former rebels.[2] It is funded by Spain the Netherlands, the European community, the United Nations Development Program, etc., with a budget of half a million dollars.[2] U.S. Ambassador William Brownfield has expressed moral support for the organization.[3]