El Salvador: $ 1 Million to Strengthen MSE's

The program's goal is to contribute to the productive development of communities in the north of the capital.

Tuesday, December 14, 2010

A total of nine communities in Colonia Escalon will benefit from the program called "Sustainable Communities: Entrepreneurship and Employment Generation."

To implement the program, USAID has provided $ 500 thousand, Grupo Agrisal $ 125 thousand, the same amount by Fundación Meza Ayuda, FUNDEMAS $ 100 thousand and the Fondo de Iniciativas de Educación $ 250.000.

Diariocolatino.com reports, "The alliance will generate information on demand for goods and services from businesses in the area and discuss opportunities available to residents in those communities. Help will arrive through technical assistance and training, an important point is to seek the strengthening of the entrepreneurial behavior of the people."



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Costa Rica: Promotion of SMEs centralized

December 2015

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.

USAID Impacts Nicaraguan SMEs

January 2013

Its predicted that a thousand jobs will be created by the Businesses and Employment Program of U.S. Agency for International Development in 2013 from the support provided to small and medium businesses in Nicaragua.

Danilo Cruz de Paula, said that since 2009 4,700 have been created in small and medium enterprises (SMEs) with financial support equivalent to $20 million, contributing to increased sales and exports equivalent to $24.4 million.

$ 32 Million from WB for MSMEs in Guatemala

March 2011

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.

Nicaragua Starts “Company and Employment” Program

April 2010

USAID’s initiative aims to improve the country’s competitiveness and foster job creation.

The United States Agency for International Development (USAID) will invest $11.4 million in the program, which will be executed over the next four years.

It aims to connect local producers with international buyers, and will provide training and technical assistance to small and medium companies to improve their productive capacity.

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