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Promotion of Technology Guarantee and Technology Appraisals for SMEs with Innovative and Technological Potential
The general objective of this TC is to support the development of a technology guarantee and rating system in Costa Rica by learning from the best practices of the Korea Technology Finance Corporation (KOTEC).

Specific objectives: (i) designing a technology innovation support scheme for Small and Medium Enterprises (SMEs); (ii) designing a technology guarantee and certification system to support innovative SMEs and (iii) design a technology rating methodology to support innovative SMEs. A technology guarantee system provides technology-based startups and innovative SMEs access to financing that they would otherwise have constraints accessing and can have a significant impact on technological innovation of these firms. A financial support system for technological innovation refers to financial policies and instruments that provides firms with funds in the form of loans, equities and guarantees to seek technical improvements and to conduct innovation activities (Jang and Chang).

Project Detail

Country

Costa Rica

Project Number

CR-T1275

Approval Date

-

Project Status

Preparation

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 650,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 325,000.00

Financial Information
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