El Salvador: Training for Northern SMEs

Small and medium enterprises from the country's north will receive technical assistance, training and access to business information.

Friday, August 28, 2009

An agreement was signed between the Commerce Chamber and the company Chemonics International, to improve the productive processes of these companies in order to access new markets.

From newspaper La Prensa Gráfica: "SMEs benefited with this alliance engage in forestry, vegetables, fruits, dairy, craftsmanship and tourism".

More on this topic

Scholarships for U.S. Executives

December 2013

The U.S. Embassy in El Salvador and Guatemala will select 28 SMEs to participate in an exchange with U.S. companies.

From a statement by Bpeace.org:

"Considering that the creation of jobs by Salvadoran and Guatemala companies and growing businesses is one of the best ways to help El Salvador and Guatemala thrive, the U.S.

Authorities Promote Exporting Consortia

May 2013

In Costa Rica recommendations have been made for the creation of a Law for the Promotion of Competitiveness of SMEs including promoting Consortia for Exporting.

From a press release from the Ministry of Economy, Industry and Trade of Costa Rica (MEIC):

The Ministry of Economy, Industry and Commerce (MEIC), through its International Cooperation Department, in conjunction with the United Nations Industrial Development Organization (UNIDO), has conducted a round table meeting in order to promote the development of the "Law for the Promotion of Competitiveness of SMEs through the model of Consortia in Costa Rica".

Why do SMEs fail?

March 2012

Over 50% of SMEs fail before they are three years old, 90% are no more than five years old and only 10% survive.

In the case of Nicaragua the subject is sensitive, "because 60 percent of its business backbone is made up of micro, small and medium enterprises, which account for 40 percent of gross domestic product (GDP), estimated at more than six billion dollars.

$2 Million for Training Salvadoran SMEs

May 2010

The Inter-American Development Bank (IDB) will give the funds to the Suppliers Development Program (PDP), which trains SMEs to make them more efficient.

The program, administered by the United Nations Development Programme (UNDP), is called “Programa de Desarrollo para Proveedores” in Spanish. It intends to prepare Small and Medium companies to work with large enterprises by being more competitive.

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