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Published Wednesday, March 27, 2019
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CRUSA invites companies to compete for
Green Growth Program non-reimbursable funds


By the A.M. Costa Rica staff

The Costa Rica - USA Foundation for Cooperation (CRUSA) in partnership with the Costa Rican foreign trade promoter launched the second Green Growth Program competition in which 30 small and medium enterprises will be selected "to apply for grants for certifications and process and product innovation geared to energy efficiency, renewable energy use, emissions reduction, efficient water use and integrated waste management."

CRUSA announced that the goal of the Green Growth Program is to create a productive reconversion platform for fostering the green transformation of 200 SMEs through seed capital grants, thus promoting diversification and enhancing the value-added of Costa Rica's exportable offerings.
 
"The CRUSA Foundation promotes the transformation of Costa Rica towards a green, inclusive and sustainable economy. Therefore, it promotes the country's competitiveness through environmentally and socially responsible production, reconverting existing companies and incubating new businesses so that they expand their opportunities in the international market and at the same time we work to achieve the goals of the National De-carbonization Plan," said Flora Montealegre, Executive Delegate of the CRUSA Foundation.

Last year, winning companies received grants that funded up to 80% of their projects, after analysis by a Costa Rican foreign trade promoter technical committee. Project amounts vary by category, with the maximum amount being $15,000.

The winners of the first edition were: The Gluten Free Factory, CoopeVictoria, NutriVida, Florex, Instamasa, EcoClean, Chill Out, Turriplantas, Integral Recycling Solutions (Solirsa), Doña Mara Fruits, Thermo Solutions Group, Melons from the Peninsula, Bioeco Natural, SA, Biomatec, Craft Factory Fusion Chocolates, Astek, Premier Dental Care, PlasmaInnova, Gerinir, Magic Flowers, Asomobi, Jinca Foods, Bambu Pallets, Kua Products, ExportAgri and Melones del Sol.

The last company mentioned, Melones del Sol, implemented a precision agriculture project in its packing plant that has generated a reduction of up to 99% in the use of water.


 
A.M. Costa Rica wire services photo

Last year, winning companies received grants that funded up to 80% of their projects.


Participation requirements are:

- Own a small or medium business.

- Not having arrears in Social Security payments of employees.

- Have the operating permits of the Ministry of Health and municipal patents.

- To have been diagnosed with the "PROCOMER Single Exporter Diagnostic".

-Be an exporting company or have export potential.

Applications have a deadline of May 2. For more information, you can call CRUSA by phone at:(506) 2246 5656 or email info@crusa.cr

 
 
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Do you know any companies that could compete for these non-refundable funds?  We would like to know your thoughts on this story. Send your comments to: news@amcostarica.com

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