apec
APEC (Acción Pro Educación y Cultura) is a Dominican Republic non-profit founded in 1964 that operates five affiliated institutions delivering university education, adult distance learning, youth vocational training, educational financing, and cultural programs to Dominican students and the broader community.
- Company typePrivate
- Founded1964
- HeadquartersSanto Domingo, Dominican Republic
- Headcount—
- GTM typeB2C
- OfferingServices
What apec does
APEC (Acción Pro Educación y Cultura, Inc.) is a Dominican Republic non-profit association incorporated on May 15, 1964, under Dominican Law 122-05, headquartered in Santo Domingo. The organization operates as an educational and cultural holding group composed of five wholly-owned affiliated institutions: UNAPEC (a private university offering programs in business, technology, and services, founded 1965), FUNDAPEC (an educational financing foundation established 1967), CENAPEC (a distance education institution for adults, created 1972), PROMAPEC (a vocational training institution for Dominican youth, established 1982), and APEC Cultural (a cultural programs division launched 2005). Together these institutions have impacted approximately 500,000 people cumulatively, including 46,856 UNAPEC graduates, 162,260 CENAPEC graduates, and 56,333 PROMAPEC trainees, plus 10,000+ APEC school participants and 48,300 language school graduates.
Revenue is generated through tuition at UNAPEC and CENAPEC, vocational course fees at PROMAPEC, and a managed education-loan portfolio at FUNDAPEC that has channeled DOP 11,534 million to 140,039 students historically. Contributions from affiliated institutions totaled approximately DOP 38.75 million in fiscal year 2023-2024, and total assets stood at DOP 575 million as of fiscal year end June 2024. The organization is member-owned with no external parent or venture backing, governed by a Consejo de Directores (currently constituted for the 2025-2027 term under President Carlos A. Ortega), a Past Presidents Council, and an Ethics Committee.
The go-to-market is institution-based within the Dominican Republic only, reaching customers through direct on-campus enrollment, distance education centers, and cultural events such as the annual Premio APEC al Periodismo Fotográfico (now in its IX edition for 2025 with an announced X edition for 2026). Marketing channels are primarily organic: institutional website, Facebook, Twitter, and Flickr, supplemented by community events and cultural programming. Strategic positioning centers on serving the Dominican educational pipeline from vocational training through graduate education, combined with student financing and cultural enrichment, in a single integrated non-profit group.
apec firmographics
Firmographics- Name
- apec
- Legal name
- Acción Pro Educación y Cultura, Inc. (APEC)
- Website
- https://apec.edu.do
- Company type
- Private
- Founded year
- 1964
- Operating status
- Operating
- Short description
- APEC (Acción Pro Educación y Cultura) is a Dominican Republic non-profit founded in 1964 that operates five affiliated institutions delivering university education, adult distance learning, youth vocational training, educational financing, and cultural programs to Dominican students and the broader community.
- Ownership category
- akta.pro rank
apec industry classification
Industry- Product category
- Higher Education and Educational Services
- NAICS
- Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (61131), Technical and Trade Schools (6115), Educational Services (611), Business Associations (813910)
- SIC
- Services-Educational Services (8200), Services-Membership Organizations (8600), Services-Amusement & Recreation Services (7900)
- akta.pro primary industry
- Education Partnerships for Equity, Inclusion & Gender (EDADALAF)
- akta.pro secondary industry
- Student/University Credit Unions (FSABAEAJ)
Keywords
Where apec is headquartered
LocationHeadquarters
- HQ city
- Santo Domingo
- HQ country
- Dominican Republic
- HQ region
- Latin America
Offices2 records
Markets served
apec business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Educational Services: Revenue from tuition and educational services through affiliated institutions including UNAPEC (university), CENAPEC (distance learning), and PROMAPEC (workforce training).
- Educational Financing: FUNDAPEC provides financing for students to pursue education, generating revenue through loan portfolio management.
- Cultural Programs: Cultural initiatives including exhibitions, concerts, and the photography award generate some revenue and sponsor partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | University education (UNAPEC) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
apec product offering
Product offeringCore offering
APEC is a non-profit educational and cultural group operating in the Dominican Republic through five affiliated institutions: UNAPEC (university higher education in business, technology, and services), FUNDAPEC (educational financing and student loans), CENAPEC (distance education for adults), PROMAPEC (vocational training for youth), and APEC Cultural (cultural programs, exhibitions, and the Premio APEC al Periodismo Fotográfico award). The group delivers integrated education financing, classroom instruction, distance learning, workforce training, and cultural enrichment to individuals across the Dominican Republic.
Product overview
APEC (Acción Pro Educación y Cultura) is a non-profit educational group operating a platform of affiliated institutions focused on education and culture in the Dominican Republic. The portfolio includes UNAPEC (university-level higher education), FUNDAPEC (education financing), CENAPEC (distance education for adults), PROMAPEC (vocational training), and APEC Cultural (cultural promotion programs). Together, these institutions have impacted approximately 500,000 people through education, forming an integrated educational ecosystem covering higher education, financial support, distance learning, professional development, and cultural enrichment.
Differentiator
Problem solved
Functional benefit
Brands
- Premio APEC al Periodismo Fotográfico: Annual photography journalism award program organized by APEC Cultural recognizing Dominican photojournalists. The 2025 edition is the IX edition.
Products and services
- UNAPEC (Universidad APEC) Higher education institution offering undergraduate and graduate academic programs with emphasis on business, technology, and services, integrating teaching, research, and extension to contribute to Dominican society.
- FUNDAPEC Private non-profit foundation providing timely financial resources (educational loans) to foster education and generate growth opportunities for students, contributing to the Dominican Republic's economic, social, and cultural development.
- CENAPEC (Centros APEC de Educación a Distancia) Non-profit educational institution offering high-quality distance education programs for adults to facilitate their incorporation into the country's national development process.
- PROMAPEC (Promoción APEC) Private non-profit institution focused on promoting the integral development of Dominican youth through short vocational courses, making them productive contributors to the country's economic and social progress.
- APEC Cultural (CULTAPEC) Cultural center that promotes Dominican and universal culture through initiatives enhancing cultural heritage, offering an open space for artistic, scientific, and literary expression, including exhibitions, concerts, and the Premio APEC al Periodismo Fotográfico.
- Premio APEC al Periodismo Fotográfico Annual photography journalism award organized by APEC Cultural, recognizing outstanding Dominican photojournalists for works documenting national news and reality with rigor, sensitivity, and social commitment, co-sponsored with Banco Popular Dominicano and the Ministry of Culture.
Quantifiable outcome
- Nearly 500,000 people impacted by APEC's educational institutions
- +1 more outcomes
Companies that use apec
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles5 records
apec technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
apec partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Banco Popular DominicanocoreBanco Popular Dominicano is a co-sponsor of APEC Cultural's photography award program (Premio APEC al Periodismo Fotográfico) and serves as a repository for the award's collection of photographs.
- Ministerio de CulturacoreThe Dominican Ministry of Culture collaborates with APEC Cultural on exhibitions and cultural initiatives, including the annual photography award and traveling exhibitions.
- Fundación M. por la MúsicaminorCultural foundation that organizes musical events with APEC Cultural's sponsorship, including the 'Cuerdas de Esperanza' recital.
Scale indicators9 records
Recent moves12 records
Expansion highlights4 records
apec competitors and assessment
Company assessmentDirect peers
- Pontificia Universidad Cat\u00f3lica Madre y Maestra (PUCMM): Dominican Republic private university offering undergraduate and graduate programs with an integrated campus model. Directly comparable to UNAPEC in target market, modality, and geographic footprint in the DR.
- Universidad Nacional Pedro Henr\u00edquez Ure\u00f1a (UNPHU): DR-based private university founded in 1966 offering comprehensive undergraduate and graduate programs. Comparable to UNAPEC in scale, mission, and Dominican higher-education positioning.
- Instituto Tecnol\u00f3gico de Santo Domingo (INTEC): Dominican private university with strong STEM and technology focus. Competes for the same student segments as UNAPEC and serves as a direct peer in DR private higher education.
- Universidad Iberoamericana (UNIBE): DR private university with broad undergraduate and graduate offerings, health-sciences emphasis. Direct peer to UNAPEC in Santo Domingo private higher-education market.
Emerging players
- Fundaci\u00f3n Universitaria Iberoamericana (FUNIBER): Ibero-American educational foundation operating distance-learning programs across Latin America and Europe. Comparable to CENAPEC's adult distance-education model with broader geographic reach.
Regional players
- Universidad Cat\u00f3lica Nordestana (UCNE): Dominican Republic private university with a regional/multi-campus footprint. Comparable to UNAPEC in private non-profit higher-education positioning within the DR.
- Fundaci\u00f3n APEC \u2014 comparable educational-financing peers (e.g., Icetex): Icetex is a Colombian state educational-financing entity; comparable in mission to FUNDAPEC's student-loan financing role. No single private Dominican peer matches FUNDAPEC's scale, so a regional public counterpart is the most relevant comparison.
Broad incumbents
- Coursera: Global online learning platform partnering with universities and companies. Directly competes with CENAPEC's adult distance-learning offering for working-adult learners at lower price points.
- edX: Global online education platform offering university-level courses and credentials. Comparable to CENAPEC as a distance-learning channel competing for adult Dominican learners.
- Infotep (Instituto Nacional de Formaci\u00f3n T\u00e9cnico Profesional): Dominican state technical training institute providing vocational and workforce training. Comparable to PROMAPEC's vocational-training mission and Dominican youth-skilling focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks2 records
Key highlights6 records
Customer concentration
apec social profiles
Digital presenceapec financial estimates
Financial estimateRevenue estimate
Valuation estimate
apec leadership team
Management profileNumber of profiles
Profiles15 records
apec subsidiaries and ownership
Company hierarchySubsidiaries5 records
apec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
apec M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about apec
What does apec do?
APEC is a non-profit educational and cultural group operating in the Dominican Republic through five affiliated institutions: UNAPEC (university higher education in business, technology, and services), FUNDAPEC (educational financing and student loans), CENAPEC (distance education for adults), PROMAPEC (vocational training for youth), and APEC Cultural (cultural programs, exhibitions, and the Premio APEC al Periodismo Fotográfico award). The group delivers integrated education financing, classroom instruction, distance learning, workforce training, and cultural enrichment to individuals across the Dominican Republic.
Is apec a public or private company?
apec is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was apec founded?
apec was founded in 1964.
Where is apec based?
apec is headquartered in Santo Domingo, Dominican Republic, in the Latin America region.
How does apec make money?
Three revenue lines are on record. Educational Services are the primary driver. The others are educational Financing and cultural Programs.
Who are apec's main competitors?
Direct peers on record are Pontificia Universidad Cat\u00f3lica Madre y Maestra (PUCMM), Universidad Nacional Pedro Henr\u00edquez Ure\u00f1a (UNPHU), Instituto Tecnol\u00f3gico de Santo Domingo (INTEC) and Universidad Iberoamericana (UNIBE). Fundaci\u00f3n Universitaria Iberoamericana (FUNIBER) is listed as an emerging player. Regional players are Universidad Cat\u00f3lica Nordestana (UCNE) and Fundaci\u00f3n APEC \u2014 comparable educational-financing peers (e.g., Icetex). Broad incumbents are Coursera, edX and Infotep (Instituto Nacional de Formaci\u00f3n T\u00e9cnico Profesional).
Does apec have an API?
No public API is recorded for apec.
What industry is apec in?
apec's product category is Higher Education and Educational Services. Its primary akta.pro industry code is EDADALAF, Education Partnerships for Equity, Inclusion & Gender, with a secondary code of FSABAEAJ, Student/University Credit Unions. Its NAICS code is 611310 and its SIC code is 8200.