The pilot project is funded by the Inter-American Development Bank (IDB) and the Italian Cooperation, will last three years and benefit associations belonging to the central area of the country.
"The $ 1.4 million will be injected through assessments of the sector, training, application of technology, conduction of market research, business plans, technical assistance and business consultancy among others. The idea is that five years from now we have increased aquaculture production and tourism in the region," said Carlos Rodriguez, an IDB expert according to the article in Laprensagrafica.com.
500 micro, small and medium companies will be trained through a competitiveness program in the country's southwest.
Businessmen from the departments included in the program (Quetzaltenango, Sololá, San Marcos, Totonicapán, Retalhuleu y Suchitepéquez) will be trained in agribusiness, agriculture, education, craftsmanship and services.
The project will improve productivity of MSMEs in tourism and agribusiness.
For this, the World Bank will invest U.S. $ 32 million to strengthen their added value products, quality and integration to national and international markets.
"Micro, small and medium businesses generate most jobs in Guatemala, this project will help promote growth and increase their productivity," said Felipe Jaramillo, World Bank Director for Central America. "Promoting sustainable growth and productivity is one of the World Bank´s priorities for the Partnership Strategy with Guatemala," he added.
In an attempt to reduce costs and improve the use of resources devoted to the subject, a bill proposes integrating into a single institution the organizations dedicated to promoting entrepreneurship.
The aim of the bill is for the current bodies DIGEPYME, INAPYME, PRONAMYPE, FODEMIPYME, PROPYME and CONICIT to be integrated into a single entity and a with single fund to maximize resources, reduce paperwork and costs.
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