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.
In Costa Rica insurance companies are seeking to increase sales of policies to SMEs and take advantage of a hitherto untapped market.
Small and medium enterprises (SMEs) represent 77% of businesses in the country, and therefore insurers are seeking to enter this market niche which has not been fully exploited.
The website for the "Business Intelligence System of the Association Agreement between Central America and the European Union" summarizes the regulatory framework, procedures, market information and other topics of interest to exporting SMEs.
The Ministry of Economy of El Salvador has put online a "Business Intelligence System of the Association Agreement between Central America and the European Union", a website which aims to present the content and the benefits of the Association Agreement in a format which is simple and accessible, so that Central American exporters and importers can receive this information and maximize opportunities.
It is remarkable how the role of the State has been misrepresented, especially in some countries in the region. The primary functions of governments are being carried out at half measures or not being done at all: the insecurity of people and goods is increasing, justice is neither swift nor effective, health and education services are only for those who can afford them, and public infrastructure is a far cry from the taxes that correspond to paying for it.
A promotion exercise is being carried out of the "Best Service" certification in the region in order to improve service and positioning of SMEs in tourism.
In order to improve the service and prestige of small and medium tourism enterprises in the region, the Federation of Tourism Chambers of Central America (FEDECATUR) is promoting the "Best Service" certification.
Small and medium enterprises in the region, especially in the food sector, have great opportunities to export to the European market.
This was explained by Ingrid Figueroa, director of the Regional Center for the Promotion of MSMEs (Cenpromype), an agency of the Central American Integration System (SICA).
In Costa Rica recommendations have been made for the creation of a Law for the Promotion of Competitiveness of SMEs including promoting Consortia for Exporting.
From a press release from the Ministry of Economy, Industry and Trade of Costa Rica (MEIC):
The Public Procurement Act mandates the use of evaluation criteria favorable to SMEs in state procurements.
Marco Antonio Esquivel, in his article in elfinancierocr.com, gives a summary of the reforms that were introduced in the regulations of this law among which are: Changing the maximum period that the administration has to pay an SME provider, the possibility of advance payment to SME contractors and the ability to provide collateral for the full amount of the advance, and the use of financial instruments available under the Banking System Law for Development, to pay the participation or compliance assurance and that these can be provided through the Special Fund for the Development of Small and Medium Enterprises (Fodemipyme).
From October, the Agricultural Research and Education Center CATIE will begin the second phase of its project FINNFOR, on Forests and Forest Management in Central America.
A statement of the Center for Tropical Agricultural Research and Higher Education Center (CATIE) reads:
More than 130 Mesoamerican companies in the food sector offered their products to more than 40 buyers from Japan, China, South Korea, the United States, Canada and Latin America.
Among the activities at Manufexport 2012, was the fourth edition of LAC Flavors in Antigua, Guatemala, held from 11 to 13 July.
The National Chamber of Retailers opened an office to assist its members with official processes and to provide advice.
An article in Elfinancierocr.com reports that Daniel Richmond, president of the Chamber of Retailers, "endorsed the effort made by the trade organization and the MEIC to support initiatives that favor small businesses, he also highlighted the fact that retailers must stop thinking individually, and adjust their attitude to achieve economies of scale and the vertical and horizontal integration of the sector. "
The BCIE has granted a credit line to Cathay Bank to support MSME’s, as well as international trade and housing in Costa Rica.
A press release by the Central American Bank for Economic Integration (BCIE) reads:
The Central American Bank for Economic Integration (BCIE) has granted a loan to Banco Cathay allowing it to expand its global credit line to $10.5 million in order to support Micro, Small and Medium Enterprises (MSMEs) as well as international trade and housing Costa Rica.
Public and private entities in Cartago are pushing for the creation of a special economic zone (ZEE in Spanish).
The initiative aims to promote links between Small and Medium Enterprises (SMEs) in the area and large enterprises, while promoting job creation in the area of science and technology.
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,...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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