IIC puts strategic innovations in SME management front and center

11/28/2010

Member of the IDB Group will conduct technical assistance workshops in the Dominican Republic, Panama, and Honduras

Santo Domingo, Dominican Republic - On November 29, 2010, the Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch three technical assistance workshops on strategic innovation in business management in the Dominican Republic, Panama, and Honduras for owners and managers of small and medium-sized enterprises. These workshops are part of FINPYME®.

FINPYME is an IIC technical assistance program financed by the Spanish General Cooperation Fund at the IDB. It is an outgrowth of the FINPYME methodology, a diagnostic tool used to help small and medium-sized enterprises improve their competitiveness and access to potential sources of financing.

Thanks to financing from the Government of Spain, SMEs can receive individualized technical assistance to solve operational problems identified in FINPYME diagnostic reviews. In addition, group technical assistance sessions will be opened up to other companies in the three countries. These sessions include a series of practical workshops in which participating companies will be able to share their experiences.

In order to meet the unique needs of companies in each country, the IIC secured the support of the following local organizations: Asociación de Industrias de la República Dominicana (AIRD), Sindicato de Industriales de Panamá (SIP), and Asociación Nacional de Industriales de Honduras (ANDI). The workshops will be held on the following dates and locations:

  • Santo Domingo, Dominican Republic: November 29, 2010, at 9 AM at the Instituto de Comercio Exterior (CEI-RD).
  • Panama City, Panama: December 1, 2010, at 9 AM at the Sindicato de Industriales de Panamá (SIP)
  • Tegucigalpa, Honduras: December 3, 2010, at 9 AM at the Asociación Nacional de Industriales de Honduras

About the IIC

The IIC is a multilateral financial institution that is a member of the Inter-American Development Bank 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: Fátima Fraile de Manterola

Telephone: (202) 623-3123

Email: fatimaf@iadb.org