CABEI, Government of Germany and European Union reward the most innovative startup 2024-04-23 05:29:34

The DINAMICA II Initiative of the Central American Bank for Economic Integration (CABEI), the Government of Germany, through KfW, and the European Union (EU), joins, for the second consecutive year, the strengthening of the entrepreneurial and innovative ecosystem of El Salvador, through the SNBX Innovation Summit 2024.

For this event, more than 30 applications were received from startups in Central America for the PITCH SNBX Summit award that was presented. The winner was Gabriela de la Quadra from SmartPyme, who received US$2,500 in non-refundable resources, which she will invest in expanding her business to other markets and hiring more human resources to provide personalized and more dynamic attention to her clients.

The DINAMICA II Initiative seeks to contribute to economic development and job creation in Central America, strengthening the business ecosystem for new, young and innovative MSMEs, in addition to promoting adequate access to financial services. To date, this Initiative has supported more than 2,000 Central American MSMEs with more than US$52 million in loans, managing to protect more than 17 thousand jobs.