MSME Clearinghouse:  Newsletter

arrow OAS MSME Newsletter: (February 2022):
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.

Country Policy Responses


The National Government strengthens and enhances the role of exporting SMEs to Brazil

In order to increase the productivity and competitiveness of companies, SEPYME assisted between 2020 and 2021 840 micro, small and medium-sized (MSMEs) exporters to Brazil for a total amount of $7.139 million.

The 11th Edition of the Seal of Good Design for SMEs and Startups from all over the country is underway

It is awarded to the products of the national industry that stand out for their innovation, participation in sustainable local production, market positioning and design quality.

Productive Development and the Foreign Ministry Promote business rounds for SMEs that begin to export

Exporting SMEs represented 89% of all companies that made sales abroad.

The national government launched the Harvest 2022 line for MSMEs in the province of Mendoza

The 2022 Harvest line will be aimed at individuals and legal entities from Mendoza that have the current MIPYME Certificate and participate in the harvest and transport of grapes and the production of wine products during this year.

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One year after the launch of the SIBOLIVIA credit, 6,334 companies accessed Bs 680 million from this fund

The Minister of Productive Development and Plural Economy summoned the productive units of artisans, micro, small, medium and large entrepreneurs to be able to access productive credits through the fiduciary entities: Banco Unión and Banco de Desarrollo Productivo (BDP), taking into account that it has an amount of Bs 1,261 million, within the framework of the import substitution policy with national production promoted by the national government.

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Small Businesses were responsible for about eight out of ten new jobs created in 2021

The activity with the highest number of contracts in the segment was the construction of buildings, according to a survey by Sebrae.

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'Most Productive Women': more than 22,000 shopkeepers building a country

'Mujeres Más Productivas' is an initiative developed in partnership by Mincomercio, Colombia Productiva, Bavaria and Fenalco, with the support of the European Union, which empowers women shopkeepers in vulnerable conditions, by strengthening their productive and commercial capacities.

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Dominican Republic

MICM and Public Procurement lead Working Sessions for institutions to buy from MSMEs

The Ministry of Industry, Commerce and MSMEs (MICM) and the General Directorate of Public Procurement (DGCP) led a high-level meeting with 18 government institutions to follow up on decree 31-22 issued by the Executive Power, which instructs public entities in charge of poverty alleviation programs to buy products exclusively from industrial MSMEs.

Government seeks to connect Dominican merchants in NY with SMEs to export products to the US

The Dominican Government, through the Ministry of Industry, Commerce and SMEs (MICM), works to connect the National Association of Supermarkets (NSA), of New York and the country's SMEs, so that they can export agricultural, industrial and artisanal products, and place them through those Dominican businesses in the United States.

MICM awards diplomas to 60 microentrepreneurs of the National Financial Education Program

The Ministry of Industry, Commerce and SMEs (MICM), through the Center for Financial Studies (CEF) Santo Domingo, delivered certificates to the first 60 microentrepreneurs who completed a diploma in Accounting and Finance.

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El Salvador

Internationalization of MSEs in the Colombian market strengthened

The Government of El Salvador, through the National Commission for Micro and Small Enterprises (CONAMYPE), in coordination with the Embassy of El Salvador in Colombia, seeks to create marketing spaces for Salvadoran MSEs.

More than $258,000.00 are delivered as seed capital to INABVE ventures

The Government of El Salvador, through the National Commission for Micro and Small Enterprises (CONAMYPE), in coordination with the Veterans and Ex-combatants Benefits Administrator Institute (INABVE), will deliver seed capital funds to 75 people entrepreneurs.

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JBDC Launches Entrepreneurship Weekly Blog

Entrepreneurs now have access to a weekly blog that provides information on business development strategies. The blog, titled ‘Entrepreneur Weekly’, was recently launched by the Jamaica Business Development Corporation (JBDC) and is available on the entity’s website at

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Strategic alliance between the MSME Vice Ministry and the San Carlos University aims to generate dynamics and synergies between the academic, productive and government sectors for the benefit of society

In order to promote a strategic alliance to strengthen knowledge transfer processes through programs and activities of an academic, research, innovation and extension nature, the Ministry of Industry and Commerce (MIC), through the Vice Ministry of MSMEs, and the San Carlos University (USC) signed a cooperation agreement.

Beginning on February 4, micro, small and medium-sized enterprises will be able to register to participate in the 2022 National Award

This award is organized by FOMIPYMES, a joint agreement between the Taiwan Technical Mission and the Ministry of Industry and Commerce (MIC), which works with different key institutions of the Paraguayan economy to provide support to micro, small and medium-sized entreprises.

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Around s/1.775 million have been allocated to business plans through the PROCOMPITE strategy

Between 2009 and 2022, regional and local governments co-financed S/ 1,775 million of investment for the preparation of 5,932 business plans for the benefit of 184,790 members of Cooperatives, Associations and SMEs, within the framework of the PROCOMPITE strategy.

US $4 million will be disbursed for Peruvian startups through the Capital Fund for Innovative Entrepreneurship (FCEI)

The FCEI has a total of S/ 70 million to invest in local and regional funds.

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The Bahamas

New Board announced for Access Accelerator Small Business Development Centre

The government has announced that the Small Business Development Centre (SBDC) has a new board of Directors. The new board members are “diverse, young and youthful” and are committed to meeting the objectives of empowering micro, small and medium-sized businesses in the country.

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United States

U.S. Small Business Administration and Business Forward Announce Launch of the “Small Business Digital Alliance”

The U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, announced the launch of the Small Business Digital Alliance (SBDA). A joint public-private co-sponsorship, the SBDA will connect small businesses with critical tech resources to start and expand their e-commerce business to scale for success. The new initiative will also feature a series of free briefings and training to help small businesses access and utilize these digital tools to reach new markets, find diverse talent, improve operations, and raise capital.

SBA Administrator Announces $150,000 To Fund Historic Women’s Business Center Expansion in Alaska

The New Funding Will Support the SBA’s First WBC in Alaska in a Decade. This WBC is the Latest in a Series of Historic Openings to Reach Underrepresented Communities.

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      International and Regional Organizations

Compete Caribbean

  • (Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts & Nevis, St. Lucia, St.Vincent & the Grenadines, Trinidad & Tobago, and Suriname)

    In collaboration with The UWI Open Campus, Compete Caribbean, an IDB program, presents a Regional Business Plan Competition targeting entrepreneurs. The competition is for entrepreneurs who are operating or wish to operate within the Caribbean Community Based Tourism industry.


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