The Secretariat of
Economy (SE, by its initials in Spanish), through the National Institute of
Entrepreneur (INADEM, in Spanish), joins the Economic Recovery Program in
Oaxaca, instructed by the President, Enrique Peña Nieto, to promote the
development and growth of the state.
The INADEM will
support small and medium-sized businesswomen and men through four strategies:
support to Medium, Small and Medium-sized Enterprises, in trade, services and
tourism sector: This strategy will consist in the delivery of immediate resources
to affected businesswomen and men. These resources may be used to restore their
working capital, to cover debts and urgent remodeling businesses. The amounts
will be allocated from 10 thousand to 25 thousand pesos, depending on size and
2. Program of
Funding for small and medium-sized entrepreneurs:the SE, together
with Nacional Financiera (NAFIN, in Spanish) and the state government, will
grant bank loans up to 350 million pesos, which will benefit more than 400
small and medium-sized enterprises. For this program, the Secretariat of
Economy, through INADEM, will contribute 50 million pesos of the Program of
3. Incentives for
the acquisition of Information and Communications Technologies (ICT) and
Training: the entrepreneurs will have resources to acquire a comprehensive
solution of technology and business consulting with a cost of 10 thousand to 15
thousand pesos, according to the company size.
4. Initiative for
enhancing the tourism sector: with the aim of strengthening
the competitiveness of businesswomen and men in this sector, through the
application of innovative methodologies for the better development of the
tourism business of Oaxaca. Thus, will benefit more than 100 tourism companies,
50 new jobs will be created and kept more than 200.
Secretary of Social Development, Rosario Robles, announced the strategic
actions of the Economic Recovery Program of Oaxaca.