$50 Million for Small and Medium Panamanian CompaniesThe Panamanian government is allocating this amount to the development of micro and small businesses involving 546,412 establishments on the national level.Friday, July 3, 2009
Giselle Calcagno, Minster of the Micro, Small, and Medium Business Authority (AMPYME, acronym in Spanish) commented that the fund is designated for seed capital, micro-credit, collateral funds, and for technical training and assistance. Source: pa-digital.com.pa Panama: COLAC to administer $13 million in MicrocreditJuly 2011 The AMPYME has given the Latin American Confederation of Credit Unions (COLAC) administration of the trust FIDEMICRO-OPORTUNIDAD. Panama: Loans Conference for SMEsAugust 2010 The show, organized by the Panamanian Micro, Small and Medium Sized Enterprise Authority (AMPyME in Spanish), will be held on 1 and 2 of September in the Atlapa Conference Center. Up to $1.000 in Seed Funding for SMEsNovember 2009 In addition to non-reimbursable funds, Panamanian entrepreneurs will receive technical assistance for elaborating business plans. Taxes Reduced for SMEs in PanamaJune 2009 The 75% reduction of the flat rate will be applied to micro- and small-businesses that invoice less than $500,000 per year.
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