IIC Wraps Up Export Training Series for SMEs in Guatemala

11/29/2012

Workshops under IIC’s FINPYME ExportPlus program train hundreds of Guatemalan SMEs

Guatemala City, Guatemala, November 29, 2012 — The Inter-American Investment Corporation (IIC) has concluded an export training series for small and medium-sized enterprises (SMEs) in Guatemala with a forum held in partnership with Banco de Occidente, the American Chamber of Commerce, the Italian Chamber of Commerce and Industry in Guatemala, and the local Galileo University.

At the forum, four local companies presented their export management plans, prepared over the course of the past seven months under the IIC’s FINPYME ExportPlus program.

“Project management is a key skill in today’s business world,” noted Jorge Roldán, chief of the IIC’s Technical Assistance and Strategic Partnerships Division. “SMEs derive great benefit from employees who know how to successfully lead projects, and the IIC is helping them acquire these critical skills.”

Experts from politics, industry, and academia at the event praised FINPYME ExportPlus for disseminating essential knowledge on how to access foreign markets, highlighting the program’s ability to help SMEs comply with international trade standards.

“Participating in the IIC’s FINPYME ExportPlus program was a great opportunity for us to learn and apply a project planning methodology,” said Jorge Eduardo Papadopolo, director of Crafts Pilandros, a producer of candles and handcrafted accessories that participated in the training. “I am convinced that the plan we prepared will have a positive impact, since it will help us expand and improve our company’s operations.”

The workshop series was launched in May of this year and brought internationally recognized best practices to local SMEs, helping them improve in project management areas such as planning and execution. The other companies that presented their export management plans at the forum were Mayita from the arts and crafts sector, Molinos Industriales from the food sector, and fashion producer Lorena Da’Costa.

Since its inception in 2009, FINPYME ExportPlus has helped some 350 SMEs in Guatemala raise their export profile and increase their competitiveness. The program has since spread to ten more countries across Latin America and the Caribbean.

FINPYME ExportPlus in Guatemala receives support from Italy’s Ministry of Foreign Affairs and is aligned with the Aid for Trade Initiative launched by the World Trade Organization in 2005.

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 enterprises (SMEs). We help companies streamline management processes and provide them with financing in the form of equity investments, loans, and guarantees. In 2011, the IIC reached the symbolic one-billion-dollar mark in disbursements of own and third-party funds. Throughout our history, we have benefited more than 1.6 million SMEs in Latin America and the Caribbean. For more information on the IIC, visit www.iic.org.

Contact: Jorge Roldán

Telephone: +1 (202) 623-3948

Email: jorgero@iadb.org