Saturday, 12 February 2022 04:44

CONAMYPE granted more than US$258 thousand in seed capital to INABVE enterprises

Written by Evelyn Alas

The Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE), in coordination with the Administrador de los Beneficios de los Veteranos y Excombatientes (INABVE), will deliver seed capital funds to 75 entrepreneurs.

A total of US$258,500 in seed capital will be delivered to entrepreneurs in the areas of commerce, services, textiles and aquaculture from the departments of Santa Ana, La Libertad, La Paz, San Miguel and La Unión.

These funds are part of the Productive Insertion Program that has been implemented nationwide through the signing of a cooperation agreement between CONAMYPE and INABVE for the period 2021-2022.

These funds seek to contribute to the generation and strengthening of sustainable productive activities in the agricultural, commercial, service, industrial and other areas that guarantee the full productive insertion of INABVE's beneficiary veterans and ex-combatants.

CONAMYPE, through its Regional Centers, has provided support during the different stages of the strengthened enterprises, through training and entrepreneurial induction processes, as well as advice for the development of business models and investment plans.