Belize chairs Central American MSME Promotion Center Board Meeting in El Salvador 

Photo Credit: Beltraide

By Rubén Morales Iglesias: Belize, represented by Dr. Leroy Almendarez chaired the Regional MSME Promotion Center (CENPROMYPE) Extraordinary Board Meeting as President Pro-tempore (PPT) of the Central American Integration Systema (SICA) on April 18-19.

According to a Belize Trade and Investment Development Service (Beltraide) press release, the meeting’s objective was to discuss progress of the CENPROMYPE agenda by member countries.

“This regional alliance should deepen the work undertaken by entities, focused on women entrepreneurship in Belize and Guatemala, under the support program funded by the Republic of China (Taiwan), which should contribute to the enhanced development of competitive MSMEs,” said the Beltraide press release which noted that before the board meeting, CENPROMYPE and the Universidad del Valle of Guatemala made a collaborative launch.

Dr. Leroy Almendarez (far right) at the Regional MSME Promotion Center (CENPROMYPE) Extraordinary Board Meeting. (Photo Credit: Beltraide)

Beltraide said the CENPROMYPE agenda included presentations and discussions on:

• The Female Entrepreneurship Facility for SICA countries
• Proposed facility for women entrepreneurship for SICA countries and the design of an impact attraction project in the region the region
• Integration of the Value Chain in Fisheries and Aquaculture by the Central American Fisheries and Aquaculture Sector Organization (OSPESCA)
• Partnerships for development in the current MSME environment
• Meeting with SICA ambassador to advance the agenda of CENPROMYPE • Selection of products and countries for the articulation of a Regional Value Chain in Agribusiness (AACID)
• The design of a project to attract high-impact investment in the SICA region
• Approval of the Sistema de Inteligencia Comercial (SINCO) sustainability model (trade information system)

The CENPROMYPE meeting was also updated ‘La Idea’ Incubator Project facilitated by support from the US Department of State. The incubator project seeks to promote trade between Central America and the United States.

Belize assumed the Pro-tempore Presidency for SICA in January 2023. Each of the eight SICA countries rotate the pro-tempore presidency for a period of six months.

Dr. Leroy Almendarez (center in blue) at the Regional MSME Promotion Center (CENPROMYPE) Extraordinary Board Meeting. (Photo Credit: Beltraide)

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