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MSME Clearinghouse: Newsletter |
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OAS MSME Newsletter: (September 2021): |
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This OAS MSME Newsletter is published by the Department of Economic Development of the Executive Secretariat for Integral
Development (SEDI). It is dedicated to measures recently announced by OAS Member States to drive the economic recovery
of micro, small and medium-sized enterprises (MSMEs). The policy responses vary from country to country and are specific
to the economic circumstances of each Member State. Given that every day produces new developments, this inventory is in
no way exhaustive.
Productive Development Will Allocate $3000 Million to Promote the Productive Transformation of SMEs
The call was launched for the SME Productive Transformation line for a total amount of $ 3,000 million, which
will have the support of the National Productive Development Fund (FONDEP) and will be aimed at MSMEs with
strategic projects that improve their productivity, increase exports and promote the development of its value chain.
More Financing Alternatives for 200,000 Enterprises Without the Need for a Credit Evaluation
The negotiation of Electronic Credit Invoices in the Capital Market grew by 49% in the first 8 months of the year
in relation to the same period of 2020. This tool offers financing alternatives for more than 200,000 companies
without the need for a credit evaluation.
The Number of MSMEs That Can Access Tax Benefits and Subsidized Credits Tripled
In the last two years, the number of micro, small and medium-sized companies that have a current certificate issued by the Ministry of Productive
Development tripled, which translates into greater access to tax benefits, financing lines, and training and assistance plans offered by the
national government.
The Government Grants $ 2 Billion in Assistance and Financing for Training Projects for SMEs
The Ministry of Productive Development announced benefits for municipalities and institutions that support SMEs, such as Business Chambers,
Industrial Parks, Public Universities and Development Agencies, in the Line of Non-Refundable Contributions for the financing of strategic
training projects of sectorial impact and/or regional. Institutions can finance training activities, computer equipment, software, etc.
Productive Development Launched the SME Help Center
The SME Help Center was launched. It is a digital and telephone consultation channel that provides technical assistance to MSMEs,
entrepreneurs and female entrepreneurs on the programs, tools and lines of financing offered by the national government.
To Top
Call for Applications to Deliver the Women Entrepreneurship Loan Fund
As Canada works to finish the fight against COVID-19, the government is committed to ensuring a strong, inclusive economic recovery
that addresses systemic gaps and empowers women in the economy.
The Minister of Small Business, Export Promotion and International Trade, announced the launch of a call for applications to deliver
the Women Entrepreneurship Loan Fund. The loan fund is a key element of Budget 2021’s commitment to accelerate the Women Entrepreneurship
Strategy, helping more women entrepreneurs access the funding they need to start up, scale up and export to new markets.
To Top
Working Table on Inclusive Trade of the Undersecretariat of International Economic Relations, Chile (SUBREI) is Inaugurated
The first Roundtable on Inclusive Trade among public institutions was held, organized by the Undersecretariat of International Economic
Relations. The event counted with the participation of representatives from the areas of International Affairs, Gender; SMEs, and Native
Peoples from different government agencies, including representatives from regions.
Digital Checkup
The Digital Checkup is an online test that allows micro, small and medium-sized entrepreneurs to know the level of digital maturity of
their SME and covers, through various questions, seven dimensions of the business.
To Top
Presentation to the Association of Micro, Small and Medium Enterprises (ACOPI) by the Vice Ministry of Business Development
The Vice Ministry of Business Development made a presentation to the Association of Micro, Small and Medium Enterprises (ACOPI)
regarding the economic reactivation activities that the Ministry of Commerce, Industry and Tourism is executing to promote the
recovery of this sector.
To Top
SME Award 2021
Micro, small and medium-sized enterprises in the industry, commerce and service sectors may apply to obtain the "Pyme 2021 Award",
recognition given by the Ministry of Economy, Industry and Commerce (MEIC) to highlight their business.
National Program for Women Entrepreneurs "Woman and Business 2021"
The Ministry of Economy, Industry and Commerce (MEIC), the National Institute of Learning (INA) and the National Institute of Women
(INAMU) are pleased to announce the participants selected for the National Program of Business Women "Women and Business 2021",
which will take place in the second half of the year.
To Top
The Exportando Program Will Boost the Exports of MSMEs
The Ministry of Production, Foreign Trade, Investments and Fisheries (MPCEIP), together with the Ecuadorian Association of Express and
Courier Messaging Companies (ASEMEC), launched the Exporting Program that offers micro, small and medium-sized enterprises, Organizations
of the Popular and Solidarity Economy, and Craftsmen, a key tool in promoting and facilitating export processes through the courier service.
To Top
First Meeting of the Board of Directors of FECAMYPE
This trust responds to the financial inclusion strategy promoted by the Government of El Salvador through different entities participating
in the Financial Inclusion Council, including CONAMYPE.
Agreement Signed to Contribute to the Economic Empowerment of Women
The National Commission for Micro and Small Enterprises (CONAMYPE) together with the Salvadoran Women's Institute (ISDEMU) signed an agreement
to contribute to the empowerment of women through entrepreneurship and economic autonomy.
To Top
$3B for MSME COVID-19 Recovery Program
The Development Bank of Jamaica (DBJ) has launched a $3-billion Social and Economic Recovery and Vaccine (SERVE) Jamaica Program, for micro, small
and medium-sized enterprises (MSMEs) to reset their operations.
To Top
The Ministry of Economy and UPS Sign an Agreement to Promote MSMEs in the Artisanal Sector
The Ministry of Economy and the global logistics and courier company UPS signed a cooperation agreement to assist micro, small and medium-sized
enterprises in the artisanal sector in Mexico, in order to promote training for their development.
To Top
Ampyme Presents National Strategy for Female Entrepreneurship
Meeting to share advances in the implementation of the National Strategy for Female Entrepreneurship (ENEF) and other actions that are taken
to support women entrepreneurs.
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Tourism Emprende: Mincetur allocates S / 18 million to Reactivate Tourism MSMEs
The Ministry of Foreign Trade and Tourism announced the launch of the 2021-II edition of the “Turismo Emprende” program. On this
occasion, up to S / 18 million non-refundable will be allocated to reactivate the country's tourism businesses.
More Financial Support for Tourism MSMEs
The Ministry of Foreign Trade and Tourism (Mincetur) reports that the Municipal Savings and Credit Fund (CMAC) Huancayo and the
Rural Savings and Credit Fund (CRAC) Raíz were awarded S / 21.6 million in the fourth auction of the Business Support Fund to MSMEs
of the Tourism Sector (FAE-Tourism).
To Top
SBA Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million Borrowers
Apply for Direct Forgiveness Through Agency’s PPP Portal
The U.S. Small Business Administration (SBA) reached a major milestone as its Paycheck Protection Program (PPP) Direct Borrower
Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of
$150,000 or less.
SBA Administrator Announces $5.4 Million in Prizes to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the
Innovation Ecosystem
U.S. Small Business Administration Administrator announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and
eight winners for the Small Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment
in underrepresented communities within the innovation economy at scale, receiving a combined total of $5.4 million in awards.
SBA Administrator Enhances COVID Economic Injury Disaster Loan Program to Aid Small Businesses Facing Challenges from Delta Variant
U.S. Small Business Administration (SBA) Administrator announced major enhancements to the COVID Economic Injury Disaster Loan
(EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities still reeling
from the pandemic, especially hard-hit sectors such as restaurants, gyms, and hotels. The SBA is ready to receive new applications
immediately from small businesses looking to take advantage of these new policy changes.
To Top
Inauguration of the Paysandú SME Center
The SME Centers are spaces in which businessmen and entrepreneurs have access to a comprehensive offer of services, with the aim
of strengthening their management capacity.
Florida SME Center Inaugurated
The SME Centers seek to reach the entire Uruguayan territory with tools to promote the growth of micro, small and medium-sized companies,
as well as entrepreneurs. It is a space where they can access 100% subsidized professional support and various services.
SOS Pymes, the New ANDE Program for Reactivation
This new program launched today by the National Development Agency (ANDE) aims to support MSMEs and enterprises in the current situation
generated by the health emergency and contribute to the recovery and reactivation of the sector. It is an instrument through which technical
assistance is given to entrepreneurs and small companies with the aim of providing them with tools to promote, formalize and reactivate
their businesses. In the cases considered pertinent, non-reimbursable financial support of up to $ 120,000 per company will be granted for
the implementation of the start-up, reactivation or formalization plan carried out in the technical assistance instance.
Treinta y Tres SME Center Officially Inaugurated
The SME Centers program is an initiative carried out by ANDE that seeks to reach the entire Uruguayan territory with available tools
to promote the growth of micro, small and medium-sized companies, as well as entrepreneurs.
First SME Center in the Country in Operation in Cerro Largo
During the event, the authorities highlighted the importance of being able to decentralize the services available for micro, small and
medium enterprises, and for entrepreneurs; as well as working in coordination between the National Government and local government and
institutions.
To Top
International and Regional Organizations
Organization of American States (OAS)
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VII Inter-American Dialogue of High-Level MSME Authorities “Public Policies, Programs, and Solutions for the Post-COVID
Economic Recovery of Micro, Small and Medium-sized Enterprises (MSMEs)”
Vice ministers, permanent secretaries responsible for the portfolio of Micro, Small and Medium Enterprises (MIPYMES)
and other authorities of the sector participated, this September 9 and 10, in the VII Inter-American Dialogue of
High-Level MSME Authorities “Public Policies, Programs, and Solutions for the Post-COVID Economic Recovery of Micro,
Small and Medium-sized Enterprises (MSMEs)” which will take place in virtual format.
The meeting was organized by the Organization of American States (OAS) and SERCOTEC, Chile’s agency supporting
micro-enterprises and entrepreneurs. During the event, participants exchanged knowledge, experiences, best practices
and concrete opportunities for cooperation to support the competitiveness, innovation and internationalization of MSMEs.
- VII Inter-American Dialogue of High-Level MSME Authorities “Public Policies, Programs, and Solutions for the Post-COVID
Economic Recovery of Micro, Small and Medium-sized Enterprises (MSMEs)”: Webinar on the Internationalization of MSMEs: How
to open spaces in new markets to be held on Thursday, October 7.
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