Cooperation Agreement to support the Dynamic Initiative
On Wednesday, August 7, the City of Knowledge Foundation signed a cooperation agreement to strengthen the structuring of processes of 10 innovative MSMEs in the agribusiness sector led by women, to improve their marketing and competitiveness conditions.
The Business Idea Development and Acceleration Initiative of the Central American MSMEs (Dynamic Initiative), is a tripartite effort between CABEI, the European Union as part of its Latin American Investment Facility (LAIF) and the Government of Germany through KfW.
In the words of Professor Jorge Arosemena, Executive President of the City of Knowledge Foundation, “we are very happy to join forces with CABEI, an institution that has given Central America a lot by promoting integration processes as in this case they support, together with Canal de Empresarias and AMPYME, female entrepreneurship”.
“We are focused on supporting 10 companies of Canal de Empresarias that meet the profile to receive the support to be certified so they can grow through a work route, where each one will receive financial support,” said Larú Linares, Female Entrepreneurship Manager at the City of Knowledge Foundation.
The Dynamic Initiative aims to strengthen the business ecosystem for young and / or innovative MSMEs, including the regional financial sector to attenuate adequate access to financial services.