$5 million for promoting businesses in Panama

The purpose of the "Support for Dynamic Entrepreneurship" project is to promote companies with the potential for growth and internationalization.

Thursday, January 15, 2009


Laestrella.com.pa reports on its website: "Acelerador de Empresas, which is a part of the "City of Knowledge" Foundation, signed an agreement for the "Support for Dynamic Entrepreneurship" project with the IDB, via the Multilateral Investment Fund. The investment for the project is $5 million for three years.

Initiatives by qualifying companies should have to potential for rapid growth, internationalization of the product, investment contact network, etc.

More on this topic

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May 2011

The improvement in competitiveness and support of the private sector are some of the positive elements being noticed by the entity.

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Honduras: $27 Million for Agriculture Projects

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The Inter-American Development Bank (IDB) will loan $27 million to a program fostering rural business.

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IDB earmarks US$3.7 billion in loans for private sector

June 2008

The Inter-American Development Bank (IDB) aims issue US$3.7 billion in loans to the private sector next year, said Steven J. Puig, the bank's vice president for private-sector lending.

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IDB Includes Multibank Panama in TFFP Program

April 2009

Multibank has become the third bank to join the Panamanian Facilitation of Foreign Trade Financing Program (TFFP).

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