DINAMICA II Initiative — Seed Capital Risk Financing

Support to SMEs
COUNTRIES
Dominican Republic, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama
DATES
Dec/2018 - Dec/2027 ONGOING
PROJECTED TOTAL INVESTMENT SIZE
€ 75 290 000
EU CONTRIBUTION
€ 12 350 000
SECTOR
Support to SMEs
TYPES OF SUPPORT
Investment Grants
Technical Assistance
DESCRIPTION

The Seed Capital Risk Financing component for the Dinamica initiative addresses the bottlenecks identified in the Central American region, specifically regarding the accessibility of new and innovative enterprises to finance solutions in order to start their operations, be consolidated and grow. 

The project, implemented by KfW and CABEI, provides vital start capital as contingent grants which is complemented by technical assistance for capacity building to Financial Intermediaries and MSMEs. 

By doing this, the component contributes to developing entrepreneurship and innovation and is therefore an ideal complement to the DINAMICA I initiative. The project promotes equitable socio-economic development and stimulates employment in the private sector. 

RESULTS

DINAMICA II, the Seed Capital Risk Financing component of the DINAMICA initiative, is expected to benefit at least 800 MSMEs, of which 480 are new enterprises, 100 of them led by women.

LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS