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July 5, 2022
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They offer up to S/ 150,000 to exporting MSMEs, what are the requirements to apply?

They offer up to S/ 150,000 to exporting MSMEs, what are the requirements to apply?

The Ministry of Foreign Trade and Tourism (Mincetur) reported that the Government offers a non-reimbursable fund of up to S/ 150,000 –without credit or loans– to support micro, small and medium-sized enterprises (MSMEs) that seek to consolidate in the field of the export.

He pointed out that those interested can apply until July 11, 2022 (1:00 pm) to the Internationalization Support Program (PAI), an initiative operated by ProInnóvate of the Ministry of Production. Whom to register.

What does the MYP offer?

The Mincetur indicated that the PAI offers co-financing alternatives for companies that have experience in at least one shipment to the foreign market.

One of them is the export enhancement modality, which provides a fund of up to S/ 90,000 to those who are not regular exporters, but who have some experience in this regard.

Requirements to apply

  • Be a company or a natural person with a business with a minimum of 18 months of activities.
  • Have registered exports at least one year before the date of application.
  • In the case of companies in the service sector, the minimum seniority is one year from the start of activities and having registered at least one export before the application date.
  • Have annual sales from 60 to 2,300 UIT.
  • Not have more than four years of exports or more than three years of consecutive exports to the chosen market, prior to the application.

Consolidation of export activity

The next type of co-financing is called “Consolidation of export activity”, which is aimed at companies that are regular exporters and that already have significant experience in serving international markets, and are currently seeking to implement new market development strategies.

The co-financing amounts to S/ 150,000 for beneficiary companies, which must meet the following requirements:

  • Be a company or a natural person with a business with at least three years of starting activities.
  • Have registered exports in the last two years before the date of application.
  • In the case of companies in the service sector, the seniority must be two years from the start of activities and have registered exports before the date of application.
  • Have annual sales from 100 UIT to US$ 30 million.
  • Not have more than four years of consecutive exports to the chosen market.

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