FONAES, Fondo Nacional de Empresas en Solidaridad, is a decentralized institution of the Ministry of Economy, which attends the individual and group initiatives of scarce resource entrepreneurs, in the attempt to support productive projects, the establishment and consolidation of social enterprises and participation and impulse of social financing schemes.
Promotes and fosters among its beneficiaries:
- Legal group and business consolidation
- Increase of capital funding.
- Skill and new technology development.
- Team & association work accomplishment..
- Second and third level partnership arrangements, to promote value chains.
- Capital and financing organization to generate financing schemes. Promote impact on local and regional development.
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