Connecting Central America (DEVCO)

The ‘Connecting Central America’ project is financed primarily by the European Union (EU) and coordinated by the Secretariat for Economic Integration of Central America (SIECA). It forms part of the Central American Regional Economic Integration (INTEC) project, which aims at strengthening the economic integration in Central America and maximizing the benefits of the implementation of the Association Agreement signed between the European Union and Central America by reducing regional constraints to competitiveness and diversification. The objective is to strengthen the Central American capacity to market goods and services, through advice and support to SMEs in carefully selected value chains and the joint implementation with Business Support Organisations from the region. The performance of companies in Corporate Social Responsibility and the joint participation of Central American SMEs in European fairs are essential pillars of this initiative. This is a project with a duration of 4 years and aims to strengthen 60 Small and Medium sized Enterprises (SMEs) and cooperatives from Central America in becoming (more) competitive on the European market. The objective is for 48 SMEs to generate an additional export volume of 90 million euro at the beginning of 2023. The project is unique in the sense that it covers six countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) and four sectors (Specialty Coffees, Cacao & Derivatives, Fresh Fruits & Vegetables and Fish & Seafood). Sector-wide topics in the Export Enabling Environment are targeted in all sectors, to create a wider impact to more companies and cooperatives besides the project beneficiaries and to generate future-proof services for the four sectors. Especially in the Export Enabling Environment activities, CBI seeks cooperation with for example Business Support Organisations, (regional) sector associations, regional organisations supporting the business environment or Small and Medium Sized Enterprises, SIECA and the Delegations of the European Union.

Media library

Project number

NL-KVK-27378529-CBIXV13

Total budget

€ 1,816,945

Countries

Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama

Project status

Implementation

Budget spent

44.84 %
44.84 % spent

Tied status

Untied
Startdate:
Enddate:

Project partners

Netherlands Enterprise Agency

Sectors

Agricultural development, Fishery development, Food crop production, Industrial crops/export crops, Responsible Business Conduct
Transactions
TypeProviderProvider ref.ReceiverReceiver ref.Value (€)DateValue date
Expenditure Netherlands Enterprise Agency NL-KVK-27378529 814,680.00 31-12-2019 31-12-2019
Incoming Funds Netherlands Enterprise Agency NL-KVK-27378529 919,000.00 01-01-2020 01-03-2020
Incoming Commitment Netherlands Enterprise Agency NL-KVK-27378529 4,000,000.00 01-12-2017 01-12-2017
Incoming Funds Netherlands Enterprise Agency NL-KVK-27378529 897,945.00 01-01-2019 01-01-2019