The European Union Donates 4 million Euros for Small Businesses in Costa Rica

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    The European Union Donates 4 million Euros for Small Businesses in Costa Rica (Archive Photo)
    Small Business In Costa Rica Gets Boost from European Union

    The European Union (EU) will give a donation of 4 million euros (5.2 million dollars) to Costa Rica to support SMEs in meeting international requirements for export.

    The project called PROCALIDAD, implemented by the Ministry of Economy and Commerce (MEIC), includes training for entrepreneurs, tools for better access to market information and the strengthening of human and technical resources in seeking to comply with quality standards for export.

    The initiative is part of the Association Agreement between the European Union and Central signed by both parties this summer.

    This initiative, “Not only creates opportunities for countries in this region but at the same time helps partner countries as Costa Rica equip themselves with the necessary expertise to enable them to take full advantage of these new opportunities in international trade,” said Martinez newsletter.

    The project, which will have a Costa Rican government counterpart for two million euros (2.6 million dollars), is consistent with the country’s policy to promote small and medium enterprises, said in the same statement the Minister of MEIC, Mayi Antillon.

    The goal is to “strengthen the competitiveness (business)” using the “boost its export capacity through the adoption of quality management systems and compliance with technical requirements demanded by international markets,” said Antillon.


    The Costa Rica News (TCRN)
    San Jose Costa Rica

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