Trade Capacity Development for Small and Medium Businesses
El Salvador has a small economy, which has nonetheless not escaped the negative effects of the recent world recession. To promote economic growth, the country must meet the challenge of growing and strengthening its entrepreneurial base in order to create a positive impact on investment and employment. According to the General Director of Statistics and the Census (2005 data), 99% of the businesses in El Salvador, 47% of national sales, and 36% of jobs are generated by micro, small, and medium businesses (MSMEs). Thus, to support economic growth in El Salvador, USAID supports MSMEs so that they may have better access to quality business development services, which will allow them to increase their productivity and competitively, as well as grow their operations in local and export markets.
Support for the Network of Micro and Small Business Development Centers (CDMYPE) – USAID Works in coordination with the National Micro and Small Business Commission (CONAMYPE), in order to consolidate the CDMYPE model in El Salvador and make it sustainable. To this end, USAID has partnered with the Association of Small Business Development Centers (ASBDC) from the United States, which supplies consultants who are experts in business center management that transfer good practices and tools to strengthen the competencies of CDMYPEs and increase their capacity to generate an economic impact.
Creating Alliances with the Private Sector – USAID promotes strategic alliances with businesses and organizations that support strengthening MSMEs and their access to national and international markets. These actions include initiatives to increase the productivity and competitivity of small and medium enterprises.