|
 Published
Thursday, June 4, 2020
200
companies get relief funds
By the A.M. Costa Rica staff
Two hundred small and medium-sized exporting companies
or with the potential to export, will receive
non-reimbursable funds by the governments Programa
Alivio, or the relief program in English. Companies
eligible for the relief must have had difficulties in
their operations due to the national emergency due to
covid-19.
According to the Ministry of Foreign Trade, this
program is developed by Costa Rica's Export Promotion
Agency, known as PROCOMER by its acronym in Spanish,
the Public Institute of Learning and the Development
Banking System.
The goal of this program is to mitigate the negative
impacts of the pandemic on the national economy, the
Ministry said in its statement.
The maximum amounts of non-reimbursable funds to be
granted are determined according to the size of the
company. Small companies may get $17,500 and medium
companies may receive $29,800.
Of the total number of beneficiaries, 26% belong to
the agricultural sector, 20% to the food sector, 26.5%
to industry and 27.5% to services said the ministry.
These companies will also receive advice on business
management and production inputs.
"We are very pleased to have been able to launch this
project that aims to ensure the survival of 200
companies," said Dyalá Jiménez, Minister of Foreign
Trade. "80% of exporters are made up of small and
medium-sized companies and the export sector generates
30% of national employment, which is why we cannot
allow this engine of development to die down."
According to the ministry, the selection process for
these 200 companies was made through an open
competition made available on the ProgramAalivio.com
website. Judges reviewed applicants compliance with
the requirements, and analysis of the situation of the
companies.
The list of winning companies is available at Programaalivio.com
site.
-----------------------------
Have you heard of an entrepreneur looking for
non-reimbursable funds in your community? We would like to know your thoughts
on this story. Send your comments to news@amcostarica.com
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