Another initiative by the corporation of state officials to justify their salaries, at the expense of the over-used “support the SMEs” motto.
"The Costa Rican Ministry of Economy, Industry and Trade (MEIC) together with the President's Competitiveness Council, the Economic Commission for Latin America (ECLAC) and the Banking System for Development are driving the creation of a “seed money” funding system in order to support Small and Medium Enterprises (SMEs)."
Nonconformists are those who believe, against all reason, that things can be done differently and better. These are the brightest entrepreneurs.
They are of crazy ideas. Often misunderstood by their social environment and even businesses, which are usually conservative and risk averse.
They are those who dream unreasonable and unworkable projects and are willing to pursue those dreams with such determination that often become a reality.
Chile offers $ 40 thousand to entrepreneurs to live six months in Chile, raising capital, hiring people, creating and doing business.
The Chilean government announced the 2011 version of the Start-Up Chile program, which in 2010 created 25 groups of entrepreneurs, generating specific results already constituting companies with international impact.
Start-Up Chile is a program by the Government of Chile in order to attract world class entrepreneurs to start their business in Chile.
Credit needs for the entrepreneurial sector in the country reached $ 245 million.
The figure comes from the study "Proposal of policy, strategy and action plan for implementation of micro-finance services in Panama", created by the Ministry of Economy and Finance, the Micro, Small and Medium Enterprises (Ampyme) and the United Nations Development Program (UNDP).
The majorities of entrepreneurs in Guatemala generate few jobs; they start a business out of necessity and use old technology.
The Global Entrepreneurship Monitor project, dedicated to measuring entrepreneurial activities in the world, described the main features of Guatemalans who start their own businesses.
59% started their business out of necessity, seeking to increase their revenue, about half engage in activities which require a capital of less than $ 1,300 and 59% have no employees.
True entrepreneurs are like the pirates of the seventeenth century, for whom the possibility of making a fortune was the excuse for adventure.
The risks of the sea pirates were very high. The chances of drowning, hanging or pierced by a sword, were much higher than those of becoming rich. There is no doubt that living with 100 other pirates in a small boat should not be very comfortable, even for the captain.
Very important reading. Five tips from Richard Branson, the successful founder of Virgin Airlines, about how to succeed in the business world.
Born in 1950, Branson, started his first company ( a magazine named "Student") when he was 16 years old. At his 20's he started a mail delivery company activated by audio and when he was 20 he created Virgin Records, a music store chain.
It fosters entrepreneurship by creating business networks; they connect innovators and entrepreneurs with angel investors.
In Latin America, First Tuesday already operates in El Salvador and Chile, and is expected to open soon in Argentina, Colombia and Peru.
José Chen Barría is the executive director of Panama’s Foundation for Economic and Social Development (Fudespa), and responsible for bringing the program to Panama.
Capitalism deserves most of the credit for the environmental advances of the past century, and represents our best hope for a greener future.
Jerry Taylor, director of natural resource studies at the Cato Institute, wrote: “Earth Day (April 22) is traditionally a day for the Left -- a celebration of government's ability to deliver the environmental goods and for threats about the parade of horribles that will descend upon us lest we rededicate ourselves to federal regulators and public land managers. This is unfortunate because it's businessmen -- not bureaucrats or environmental activists -- who deserve most of the credit for the environmental gains over the past century and who represent the best hope for a Greener tomorrow”.
The so called ‘entrepreneurial capital’, ‘seed capital’ or ‘angel capital’ industry moves around $3.2 billion in Latin America.
At the event “Costa Rica Investment World”, hosted in San José last week, attendants agreed on a window of opportunity for venture capital funds, aimed to fund business projects, especially in food, education, health and financial services sectors.
Should you join the millions of people every year who take the plunge and start their first ventures?
Daniel Isenberg, in an article in Harvard Business Review, tells us: “I've learned in my own years as an entrepreneur — and now an entrepreneurship professor — that there is a gut level ‘fit’ for people who are potential entrepreneurs”.
So he developed a 20 yes-or-no question test to conclude if you have the traits of a born entrepreneur.
It will award the best mobile applications in the following categories: ecology, productivity, improving the quality of life and entertainment.
Good ideas are a dime a dozen, or so the saying goes. But now a single good idea could be worth a million dollars (USD). Nokia has announced a million dollar venture challenge to encourage innovators to create a mobile product or service that raises the standard of living or enhances the lives of those in growth economies. The Growth Economy Venture Challenge is part of Nokia's global Calling All Innovators competition announced on January 7 at the Consumer Electronics Show (CES).
The real, effective integration of Central America lies more in the hands of businesses than governments.
Deep into their own political agendas, which many times reflect only short term party interests, Central American governments have so far been unable to develop an integration process that is not only indispensable, but also unavoidable.
Integration is indispensable, as it is the only way to overcome underdevelopment barriers through a better use of human and material resources. It is also unavoidable, as Central American corporations are pushing beyond national borders, looking for lower costs through economies of scale and productive chaining from Guatemala to Panama.
This is how we are raised in Latin America, disapproving or disliking those who earn a lot of money as businessmen.
Latin America does not foster entrepreneurship. Education, specially high school, rises us with the goal of getting a good job, as opposed to owning a business.
The problem is cultural, and has its roots in our educational systems, which pay a lot of attention to the protection of workers, leaving aside those who undertake business project and became businessmen.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...