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