Asuncion, IP Agency.- With the aim of improving opportunities and expanding programs focused specifically on the MSME ecosystem, such as the Small Business Development Center (SBDC) model, a Paraguayan delegation headed by the head of the Ministry of Industry and Commerce (MIC), Javier Giménez; and the Vice Minister of MSMEs, Gustavo Giménez, will carry out a trade mission to the United States.
The Paraguayan visit will take place from July 9 to 12, during which the authorities will hold meetings with members of the International Development Finance Corporation (DFC) of the United States; representatives of the OAS, members of the United States Chamber of Commerce, as well as with legislators who are members of the Senate Committee on Small Business and Entrepreneurship, and the Committee on Small Business of the House of Representatives, and members of the Small Business Administration (SBA), among other institutions.
The Paraguayan delegation also includes technicians from the Vice Ministry of MSMEs, as well as representatives from other State bodies and members of private business associations.
Business Development Centers SBDC Paraguay
There are currently 278 SBDC Centers installed in 24 countries around the world, including Paraguay, generating more than 6,000 companies and 23,000 jobs through their operation, as well as increasing sales and formalizing the assisted companies.
There are three Business Development Centers operating in Paraguay thanks to the support of USAID and TaiwanICDF partners. The SBDCs are located in Central, Itapúa and Alto Paraná, with plans to expand to other departments, so that national MSMEs can have greater access to these centers, which provide support and technical assistance.
The creation of these SBDC Development Centers seeks to develop the capacity of the Government of Paraguay to promote a new model of support for the development of small businesses.
The Vice Minister of MSMEs, Gustavo Giménez, commented on the efforts carried out by the Vice Ministry of MSMEs to position and strengthen this economic sector, simplifying the formalization process and offering credit options with state guarantees.
“We want to provide a significant market for MSMEs, since the State is the largest buyer in Paraguay, reserving 20% of the market for them,” he said.
He stressed that 16% of the financial system’s portfolio is allocated to MSMEs, and that 70% of these companies do not have a bank account. “We are working with the Central Bank to facilitate the opening of bank accounts electronically, promoting financial inclusion,” he said.
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2024-07-12 19:05:46
