Press Release – March 12, 2018 – The U.S. Department of State, World Environment Center (WEC), Le Groupe-conseil baastel Itée (Baastel), and RioSlum Studio are proud to announce the opening of applications for “Power to Grow: The Innovation Challenge Fueled by La Red de Innovación e Impacto” (Power to Grow). Power to Grow is a search to discover and reward organizations that are empowering micro-enterprises in Central America.
Up to 95% of companies in Central America are Micro, Small, and Medium Enterprises (MSMEs). The success of these companies and the prosperity of communities are inextricably linked. However, many struggle to grow and remain competitive in the global marketplace.
Power to Grow selects innovative candidates to join forces with La Red member organizations towards:
Awardees will each receive a comprehensive support package, up to $43,000 to promote their solution, and partnership with a current member organization of La Red de Innovación e Impacto. Working together, the awardee and La Red member will leverage shared experience and knowledge, benefit from cross-sector collaboration, and forge a coalition to empower micro-enterprises.
The following La Red members and projects have been selected from current La Red member organizations to partner with the new Innovation Challenge applicants:
Micro-enterprises can power growth and prosperity across the region. Visit powertogrow.wec.org to learn more and apply.
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