Guatemalan SMEs participate in IIC’s FINPYME ExportPlus Workshop

08/24/2010

Direct assistance to help small and medium-sized enterprises improve their competitiveness and their capacity to export

Guatemala City – On August 25 and 26, 2010, the Inter-American Investment Corporation (IIC) in collaboration with the Universidad Rafael Landívar, will host a technical assistance workshop on project management for SMEs in Guatemala as part of the IIC’s FINPYME ExportPlus program. A project management methodology will be presented which will focus on planning and execution techniques and will prove helpful in reaching specific objectives (including export targets). An expert from the IIC, Mr. Antonello Bove, will discuss internationally-recognized best practices on project management standards. Mr. Bove will also provide individual technical assistance sessions for all participating firms in order to improve their planning processes.

FINPYME ExportPlus supports the objectives of the WTO Aid for Trade initiative and the IDB’s actions in this area. Technical experts provide direct assistance to help small and medium-sized enterprises improve their competitiveness and their capacity to export. In Guatemala, FINPYME ExportPlus will include nine workshops on diverse topics, such as labeling requirements, export management, phytosanitary standards, and productivity improvement. Specific SME sectors to benefit from the program are leather manufacturing, agriculture, coffee, and wood products. In addition to group workshops, experts are providing technical assistance to individual firms for trade certifications and process and management improvements. The FINPYME ExportPlus program in Guatemala is funded by the Government of Italy through the Italian Trust Fund established in the IIC by the Italian Ministry of Foreign Affairs in 1992.

The IIC is a multilateral financial institution that is a member of the Inter-American Development Bank (IDB) Group. The IIC’s mission is to promote the economic development of its regional member countries by encouraging the establishment, expansion, and modernization of private enterprises, particularly those that are small and medium in size. It does so by providing financing (in the form of equity investments, loans, guarantees, and other instruments) and advisory services to private enterprises in Latin America and the Caribbean. In 2009, the IIC reached US$1.4 billion in assets and approved 40 operations channeling US$299.8 million to SMEs in the region. For more information on the IIC’s activities, please visit www.iic.int.


Contact: Antonello Bove

Telephone: (202) 623-3905

Email: antonellob@iadb.org