Nicaragua: New Chamber to Support SMEs

The new association, Aconimipyme, aims at offering advice in order to improve competitiveness of small and medium enterprises.

Monday, March 7, 2011

"According to Osman Altamirano, president of Nicaragua Consultants Association for Small and Medium Business, Aconimipyme, the goal is to take advantage of the training and experience of its members to help MSMEs overcome their weaknesses," reports an article in

The association has consultants in different fields (engineering, agronomy, management, etc.).

More on this topic

Nicaragua: Public-Private Partnership for Attention to SMEs

June 2014

Employers have proposed creating an institute for development representing the private sector and under the Presidency of the Republic in order to serve the needs of the sector.

The government is to make a diagnosis of the activities in the sector in order to review and amend the Law on Promotion, Creation and Development of Small and Medium Enterprises and adjust it to the needs of women, who claim there is a legal gap in the attention they receive from the state.

$ 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.

El Salvador: Guide to Improving Productivity of SMEs

July 2010

The new guide from the Japan's International Cooperation Agency (JICA) will help SMEs to increase their productivity.

There are seven challenges to improving the productivity of small and medium sized enterprises, according to the results of a 2-year study of Salvadoran SMEs.

El Salvador: $4 Million in Centers for SMEs

June 2010

$4 million have been earmarked for the initial development of the so-called CDMYPES, or Centers for the development of Micro and Small Companies (SME).

The announcement was made by Mario Cerna, vice minister of Commerce and Industries, noting that these centers should be open by the end of 2010.

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