Autoridad de la Micro, Pequeña y Mediana Empresa
in Central America
Monday, December 12, 2011
On December 14 in Panama City the regional forum under the theme "Entrepreneurship, Employment and Local Development" will take place.
The event will bring together representatives from countries in Central America and the Caribbean, and is sponsored by the Regional Centre for the Promotion of Micro and Small Enterprises in Central America.
Wednesday, September 14, 2011
Panamanian businesses with turnover of less than $36 thousand a year will have access to a tax credit for up to 100% of the value of the equipment.
The credit is for the purchase of a single piece of equipment whose price can not exceed $850.
With the new regulations to be included in the amendments to Bill 375, the General Directorate of Income is trying to alleviate the economic impact for micro businesses.
Tuesday, July 5, 2011
The AMPYME has given the Latin American Confederation of Credit Unions (COLAC) administration of the trust FIDEMICRO-OPORTUNIDAD.
The Panamanian Authority for Micro, Small and Medium Enterprises (AMPYME) has awarded to COLAC the administration of a $13 million trust, called FIDEMICRO-OPORTUNIDAD, which aims to support over 6,500 micro and small enterprises.
Monday, August 30, 2010
The show, organized by the Panamanian Micro, Small and Medium Sized Enterprise Authority (AMPyME in Spanish), will be held on 1 and 2 of September in the Atlapa Conference Center.
The idea of the show is to gather under one roof as many financial institutions as possible with products for the MSME sector with the aim of providing small companies with the support they need to develop their businesses.
Wednesday, August 11, 2010
In the first seven months of the year 10,292 new micro, small and medium-sized enterprises (MSMEs) were registered, 126% more than in 2009.
Records held by the Panamanian MSME Authority (AMPyME in Spanish) show that most of the new companies were in the exports, services and agriculture sectors.
Friday, November 6, 2009
In addition to non-reimbursable funds, Panamanian entrepreneurs will receive technical assistance for elaborating business plans.
Congress is discussing Law 35, which comprises the creation of the Entrepreneurship Fostering Fund. This includes a Seed Capital trust fund, and resources for Technical Assistance, Guarantees and Micro-credit.
Monday, November 2, 2009
Micro, Small and Medium Enterprises will have easier access to credit with the new law.
Giselle de Calcagno, head of AMYPYME (Micro, Small and Medium Enteprises Authority), stated that "the project will foster the creation of a micro credit banking industry. The idea is for the state to invest in a second tier banking fund, so entrepreneurs have easier access to credit", reported Laestrella.com.pa.
Wednesday, October 28, 2009
Representatives from various international franchises expressed their interest in operating in Panama.
The Brazilian delegation met with Jorge Luis González, sub director of the Small and Medium Enterprises Authority (AMPYME).
Thursday, July 23, 2009
A novel program gives business training to SMEs in Panama, awarding working capital prizes to the best 100.
420 entrepreneurs will receive courses of 40 hours a week in 16 mobile units from the SMEs authority, also known as Ampyme. These units are equipped with machinery and their respective training and coaching staff.
Friday, July 3, 2009
The Panamanian government is allocating this amount to the development of micro and small businesses involving 546,412 establishments on the national level.
Giselle Calcagno, Minster of the Micro, Small, and Medium Business Authority (AMPYME, acronym in Spanish) commented that the fund is designated for seed capital, micro-credit, collateral funds, and for technical training and assistance.
Tuesday, June 16, 2009
The 75% reduction of the flat rate will be applied to micro- and small-businesses that invoice less than $500,000 per year.
This measure will be enacted by President-elect Ricardo Martinelli in his first 100 days in government, and it entails applying tiered discounts of up to 75% of the flat rate paid by businesses that invoice less than $500,000 annually.
Tuesday, June 9, 2009
According to the Union of Small and Medium-Sized Businesses (PyMEs), the new migratory law has made the country less competitive for the small investor.
The new law, which was approved in February, increased the total of the minimum investment from $40,000 to $160,000.
ADN.es publishes comments by Ramón Arroyave, president of the Union of PyMEs, "we have regressed to being less competitive. Capital is being placed in countries like Costa Rica and El Salvador, which creates sources of employment that could be generated here."
Wednesday, June 4, 2008
Panama's small business authority, Ampyme, aims to award businesses seed capital of US$500 and US$1,000, and it plans to follow up on what recipients do with the money.
The aim is to help small entrepreneurs, especially among the poor and in slum areas. Ampyme has assigned US$1 million for the program.
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