IIC, in alliance with local partners, holds its first FINPYME ExportPlus workshop in Suriname


Paramaribo, Suriname - On July 8, 2011, the Inter-American Investment Corporation (IIC) held its first FINPYME ExportPlus workshop, in collaboration with the Suriname Business Development Center (SBC).

FINPYME ExportPlus, an IIC technical assistance program financed by the Korea-IIC SME Development Trust Fund, enhances the ability of small and medium-sized companies to access export markets, helps them improve their competitiveness, and facilitates their access to potential sources of financing.

The program was launched in December 2010. Since then, the IIC, with its local partners, has implemented a series of workshops with the goal of improving SME competitiveness. This first two-day workshop in Suriname focuses on export strategies and marketing, and on helping the participating SMEs to be able to recognize the value of all aspects of their business and focus on critical activities so they can export effectively. The workshop was facilitated by Proplan Consultancy Group, a local business strategy consulting company.

FINPYME ExportPlus was launched as a pilot project in Guatemala in 2009, with eleven group technical assistance workshops held to date. Since then, the program has been expanded to The Bahamas, Barbados, Guyana, and Suriname.

About the IIC

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 2010, the IIC reached US$1.4 billion in assets and approved forty-nine operations channeling US$374.8 million to SMEs in the region. For more information on the IIC’s activities, please visit www.iic.int

Contact: Michael C. Apel

Telephone: (202) 623-2521

Email: michaela@iadb.org