IIC Empowers Haitian SMEs with Knowledge on Exporting to the United States

05/19/2014

FINPYME ExportPlus holds training series aimed to boost Haiti’s export capacity

Port-au-Prince, Haiti, May 19 2014 — The Inter-American Investment Corporation (IIC) and the Association of Industries of Haiti (ADIH) trained 21 Haitian small and medium-sized enterprises (SMEs) on export requirements and procedures to the United States at a one-day workshop held in Port-au-Prince, Haiti. The workshop is part of a series of training sessions aimed at boosting the export capacity of Haitian SMEs.

Local businesses gained key insights about the processes and certifications necessary to export to the United States. The topics covered ranged from potential business opportunities and norms in the United States to distribution channels, American phytosanitary requirements and FDA regulations for food and beverages.

Ketteline Vilmenay, workshop participant and owner of liqueur producer Ivresse des Tropiques, said, “The workshop was very interesting and the trainer very knowledgeable. I now feel a lot more prepared to start developing a strategy to export to the US and I am more aware of the opportunities and challenges that I could face.”

Roughly 300 Haitian enterprises have benefited from the IIC’s export-oriented FINPYME ExportPlus program since its 2010 launch in the country. The workshops in Haiti are part of a larger IIC FINPYME ExportPlus program, which provides training and technical support to SMEs in Latin America and the Caribbean. This initiative is aimed at improving their export profiles and increasing their competitiveness. Workshops are made possible by the support of the IIC’s Wallonia-Belgium initiative. FINPYME ExportPlus complements the Inter-American Development Bank (IDB) activities in support of the Aid-for-Trade initiative of the World Trade Organization.

About the IIC

The IIC, a member of the Inter-American Development Bank (IDB) Group, promotes private-sector development in Latin America and the Caribbean with a focus on small and medium-sized enterprises (SMEs). We help companies streamline management processes and provide them with financing in the form of equity investments, loans, and guarantees, as well as innovative technical assistance, advisory services, and knowledge products. In 2013, the IIC approved 71 operations totaling US$415.4 million. Since its inception in 1989, the IIC has approved more than 800 direct loans to SMEs and financial intermediaries, for a total of US$5.21 billion. An additional US$3.01 billion has been mobilized through cofinancing and syndication agreements. For more information on IIC activities, visit www.iic.org.

Contact: Jorge Roldán

Telephone: +1 (202) 623-3948

Email: jorgero@iadb.org