MSME Clearinghouse:  Newsletter

arrow OAS MSME Newsletter: (May 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


Productive Development will support SMEs with projects with a gender perspective with up to $5 million

Ministry announced call for the Produce with Equity program, which allocates a total of 210 million pesos to support SMEs and cooperatives that develop projects with a gender focus.

The Ministry of Productive Development allocates $250 million to strengthen the video game industry

The second call for the Enhance Knowledge Economy Program was opened. Approved projects will be able to access assistance of a maximum of $6 million in Non-Reimbursable Contributions (ANR).

$70 million announced for SMEs

The objective is to promote the exports of SMEs throughout the country and the substitution of imports.

$16,000M will be allocated to strengthen the financial inclusion of small businesses, businesses and MSMEs

The agreement, through Banco Credicoop, includes the implementation of a microcredit line through a preloaded card, for a total amount of $10,000 million, which will be used to finance working capital and investment for microenterprises.

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More than 150 producers participate in the Productiva Santiago de Callapa Fair in La Paz

More than 150 producers from the crafts, agriculture, micro and small business, culture, tourism and traditional medicine sectors participated in the second version of the Productiva fair that took place on Saturday, May 21.

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Brazil Pra Elas Caravan: joint action to encourage female entrepreneurship

The actions will offer courses and services such as business formalization, opening of bank accounts, application for credit, among others.

ALI Rural Program presents solutions to increase the productivity of small rural businesses

The Sebrae initiative already serves micro and small rural businesses in seven states, with expansion to another 17 units of the federation that will be incorporated as of August.

Sebrae and ApexBrasil launch program to expand the participation of MSEs in Brazilian exports

Small companies from all over the country will go through selection and qualification to participate in business roundtables with potential foreign importers.

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Dominican Republic

MICM and BCRD will develop a national survey to benefit MSMEs

The Ministry of Industry, Commerce and MSMEs (MICM) and the Central Bank of the Dominican Republic (BCRD) signed a memorandum of understanding for the execution of the "National Survey of Micro, Small and Medium Enterprises 2022-2023”. The survey will collect economic and financial information for the design of policies that encourage the development of these enterprises, which stimulates the local economy.

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Forum of Exporting Women promotes the economic empowerment of women through internationalization

The 1st. Forum of Exporting Women - Pro Mujeres, developed in Guayaquil, was consolidated as a space that brought together the key organizations for the promotion of business and the path towards internationalization through the gender approach "Connecting women with the world of business”.

Ecuador has a National Entrepreneurship Guide

The Ministry of Production, Foreign Trade, Investments and Fisheries (MPCEIP) presented the National Entrepreneurship Guide, a web portal that integrates, in one place and with easy access, the necessary information to start and develop new business initiatives or ventures. This platform was implemented jointly with the United Nations Development Program (UNDP) and the United Nations High Commissioner for Refugees (UNHCR).

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El Salvador

Boutiques of the SMEs in consulates and diplomatic representations of El Salvador

Since 2019, the promotion, the search for commercial opportunities and business contacts of the products of the Salvadoran MYPE abroad have been promoted, under the concept of Trading Houses, this is how the import, sale and distribution of goods is carried out in the country in which this type of agreement is established.

Currently, there are 24 Marketing Houses and more continue to be managed through the Export Unit of CONAMYPE.

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MCI and AIDE join forces for business development in the country

The Ministry of Trade and Industry (MCI) signed, on May 12, 2022, a memorandum of understanding with the Agency for Investment and Business Development (AIDE), with a view to promoting and facilitating the development of trade and industry. To do this, a whole series of activities are planned between these two entities.

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EX-IM Bank Targets SMEs Involved in Non-Traditional Exports

The National Export-Import Bank of Jamaica Limited (Ex-Im Bank) will, this year, be placing special focus on providing support to small and medium-sized enterprises (SMEs) involved in non-traditional exports. These include tourism and its linkages, manufacturing, agro-processing, mining, the service industry, information and communications technology (ICT), and the creative industries.

JBDC Spearheading Projects Valued at Over $1 Million to Benefit MSMEs

The Jamaica Business Development Corporation (JBDC) will be spearheading the implementation of several projects, valued just over US$1 million, which are programmed for rollout during fiscal year 2022/23. These engagements, which aim to bolster the local entrepreneurship ecosystem, are being financed by the Government of Jamaica and several international development partners.

Digital Transformation Coming for MSMEs

A digital transformation support programme is being designed for micro, small and medium-sized enterprises (MSMEs), to aid in the adoption of technological solutions that will improve sustainability and advance the sector’s growth. The initiative, which will involve the integration of specialised digitalisation business development support, is being undertaken by the Industry, Investment and Commerce Ministry with the support of the European Union (EU) Delegation to Jamaica, and the Planning Institute of Jamaica (PIOJ).

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The Ministry of Economy, through the Mexican Institute of Industrial Property (IMPI), promotes the strengthening of MSMEs and the protection of their industrial property

The IMPI signs agreements with the Secretariats of Economic Development and counterpart entities in the Mexican states to grant MSMEs a 90% discount on their applications for trademark registration.

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National Entrepreneurship Council coordinates actions for the future of MSMEs

The Government Innovation Authority is working on a tool that will allow entrepreneurs and small businessmen to have access to social security and bank loans.

Ampyme and ministers coordinate entrepreneurship strategies in indigenous areas

Ampyme held an inter-institutional meeting for the coordination of new and existing projects for the benefit of the indigenous population throughout the country. The intention is to strengthen actions in support of entrepreneurship in indigenous areas, through tourism, the promotion of culture, dance, gastronomy and other indigenous activities.

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Micro, small and medium enterprises will be trained on the Sello Integral

The purpose is to publicize the training and support program on Sello Integral, whose main objective is to prepare micro, small and medium-sized companies for a successful application for the Integrity Seal.

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Produce creates a fund of up to S/ 800 million for textile and clothing SMEs

In order to promote the development of MSEs, the Ministry of Production (Produce) created the Business Support Fund for the Textile and Apparel Sector (FAE-TEXCO), with the aim of guaranteeing credits for micro and small businesses and productive units (prior formalization) up to S/ 100 thousand.

SMEs can apply to produce more than 872 thousand goods for the MINDEF

In the context of the emergency measure "Purchases from MYPErú", the Ministry of Production (PRODUCE) launched two calls through the Purchasing Execution Center of the Ministry of Defense (NEC MINDEF) so that the country's SMEs can produce goods for the Peruvian Army Engineering Service (SINGE) and the Peruvian Air Force (FAP).

Produce inaugurates the first financial fair within the framework of the MYPE Week

With the aim of connecting MYPE, financial operators and the State; The Ministry of Production inaugurated the First Financial Fair to promote different innovative tools and access to financing for the development and economic reactivation of the MYPE in the Gamarra Commercial Conglomerate.

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United States

SBA Announces Winners of Inaugural America’s Seed Fund Expo Competition

SBA announced the winners of the SBA’s inaugural America’s Seed Fund Startup Expo 2022, an initiative aimed at highlighting innovative domestic startups and supporting them with resources to scale, grow, and thrive.

SBA Administrator Announces Five New Women’s Business Centers To be Operated by Minority Serving Institutions

The announcement highlights the Agency’s commitment to creating funding opportunities that increase equity for small business owners. Through the SBA’s Office of Women’s Business Ownership (OWBO), the WBCs will help entrepreneurs pivot, grow and navigate new opportunities created through the Bipartisan Infrastructure Law, such as competing in the burgeoning industries solving climate change and growing clean-energy supply chains that will help expand global exporting.

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Industrial MSMEs may apply for MIEM non-reimbursable funds to improve their competitiveness

The MIEM, through DNI, presented two tools that leverage industrial investments and provide advice for their development: the Industrial Fund and the Technological Linkage Fund.

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      International and Regional Organizations

Central American Bank for Economic Integration (CABEI)



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