Opportunity for Nicaraguan Tourism SMEs

©image: Toprural

Ian Colonel, project manager, said that for this second call $ 600 000 are available, funded by the Dutch government and Grupo Pellas.

Laprensa.com.ni states "The Co-Invierto program is to provide financial resources to small and medium tourism enterprises in order to improve the quality of services they offer. This program is part of the Ruta Triángulo del Sur."

Source: laprensa.com.ni

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$3.6 Million for Nicaraguan Tourism SMEs

July 2009

Some 500 micro, small and medium enterprises from the tourism area will be trained on business management over the next three years.

The program is called Tourism Development in South West Nicaragua, and is funded by the Dutch government and the "Centro Empresarial Pellas" Foundation. 500 SMEs will be chosen to participate, among hotels, restaurants, food suppliers, tour operators and agricultural tourism.

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The campaign, with a $ 7.2 million investment, is to support Ometepe's tourist related MSMEs and agritourism farms.

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$5 Million for Salvadoran SMEs

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SMEs from the tourism industry will receive financial assistance through a credit line operated by "Banco de Fomento Agropecuario" (BFA).

This credit line was created by request of the Tourism Ministry, and will be available this week.

Nora Mercedes Miranda de López, president of BFA, told Elsalvador.com: "The credit line will be available in BFA's 24 branches around the country, and is intended to finance new investments, purchases of machinery and equipment, and expansion projects".