The 30 companies selected will each receive $12,000 to boost their production
- A.M. Costa Rica illustrative photo -
CRUSA looking for entrepreneurs, open call for funding
Published Wednesday, March 24, 2021
By A.M. Costa Rica staff
Thirty grants available for entrepreneurs through Green Growth, the program funded by the Costa Rican USA Foundation for Cooperation, CRUSA, and the Inter-American Development Bank.
Since the program first began in 2018, they have awarded 188 companies, totaling close to $2.4 million in non-reimbursable funds, according to CRUSA
Of these, 41% are located outside of the Greater Metropolitan Area, GMA, which is the zone made up of cities in the outskirts of San José such as Alajuela, Heredia and Cartago.
Forty-eight percent of grantees are exporters and 52% have export potential, CRUSA said.
"Initiatives such as the Green Growth are important to promote a green and sustainable economic recovery after the effects of the pandemic," Flora Montealegre, representative of CRUSA said.
According to the program, the 30 companies selected will each receive $12,000 to boost their production.
To participate, entrepreneurs must meet the following requirements:
• Must be registered as a small or medium business, SMEs.
• Must be registered in Social Security.
• Must have operating permits from the Ministry of Health.
• Must be registered as an exporter in Export Promotion Agency.
Entrepreneurs interested in this contest should present their plans before April 16. For more information about these non-reimbursable funds call (506)2246-5656 or email: firstname.lastname@example.org
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