Although without conditions, Maduro believes that entrepreneurs will multiply productivity

In the opinion of Nicolás Maduro, the money that is invested in this sector means an economic advance for the country, for this reason he called for strengthening the financing plans aimed at entrepreneurs with the help of public and private banks.


“We currently have 712,000 ventures being developed and by the end of this year, 2023, the goal is to reach one million ventures in the National Registry of Entrepreneurs,” said the president. Nicolas Maduro this Wednesday, June 28, during a working day dedicated to showing the advances of the Entrepreneurial Engine.

According to the ruler, this will multiply the country’s productivity, which “since 2021 began an explosion of ventures that is going from strength to strength.” In addition, he assured that the Government will seek resources for the National Fund for Entrepreneurship and thus continue supporting them.

In the address broadcast by the state channel Venezolana de Televisión (VTV) and with visits to different states of the country, entrepreneurs received financing “to strengthen the manufacturing chain of different items.”

In Bolívar state, 250 people received credits as part of a service day in which more than 2,000 entrepreneurs participated, “who in turn received advice in different areas,” he said.

While in Guárico, 200 were granted financing “to strengthen the manufacturing chain of different items, including the manufacture of machinery for peasants in small, medium, and large industries.”

Also read: Maduro asked that the ban on the sale of vapers in Venezuela be evaluated

They also delivered the patent registry of innovators and entrepreneurs in the Capital District, “thus complying with regulations that allow the processing of licenses and other commercial agreements.”

In the president’s opinion, the money invested in this sector means an economic advance for the country, which is why he called for reinforcing financing plans aimed at entrepreneurs with the help of public and private banks.

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