Resources

Productive Innovation

The presentation gave an updates on what has been done within the “Productive Diversification Plan” which was launched by the Ministry of Production of Peru one and a half year ago. The Plan combines cross-cutting policies to strengthen fundamental capacities along with vertical policies that pay attention to specific sectors.

Productive Innovation

The presentation gave an updates on what has been done within the “Productive Diversification Plan” which was launched by the Ministry of Production of Peru one and a half year ago. The Plan combines cross-cutting policies to strengthen fundamental capacities along with vertical policies that pay attention to specific sectors.

Factoring As a Financing Mechanism for SMEs and MEs

Presentation on the financial instruments to promote SMEs credit. The presentation referred to factoring as a financing mechanism for SMEs, going through a quick reminder of what was the context of factoring in Peru, the bottlenecks found and current status. This review would lay the ground for the economy to explore the best practices and achievements in this specific area.

Factoring As a Financing Mechanism for SMEs and MEs

Presentation on the financial instruments to promote SMEs credit. The presentation referred to factoring as a financing mechanism for SMEs, going through a quick reminder of what was the context of factoring in Peru, the bottlenecks found and current status. This review would lay the ground for the economy to explore the best practices and achievements in this specific area.

Increasing Productivity MSME Cost-Reduction and Financing Reform

Peru presented on the reform which was part of the National Plan for Productive Diversification. Its objective was to increase productivity and reducing productive heterogeneity among firms. The Peruvian government set an important goal: the creation of a public fund to improve MSMEs access to financial services, i.e. MIPYME Fund.

Towards an Industrial Policy in Peru: A Global Value Chain Perspective

Peru presented its industrial policy measures to identify new growth engines for its economy, including: (i) SMEs internationalization; (ii) regulations and administrative simplification; (ii) small, high‐tech industry (upstream) that helps downstream products; (iv) green industry standards and sustainable industrial development; (v) improvements in the business environment and / or tax incentives for certain strategic sectors; (vi) developing industrial parks that utilizeinternational standards, technology innovation centers and clusters; and (vii) territorial development approach to facilitate achievement of trends in globalization.

Presentation of Tools and Interventions in Entrepreneurship and Innovation

As part of the first pillar in its National Plan for Productive Diversification, the Peruvian government is implementing tools and interventions to promote entrepreneurship and innovation. Peru encourages productive innovation through two instruments: the National Innovation Program for Competitiveness and Productivity (Innovate Peru) and the Law for promoting scientific innovation, technological development and technological innovation.

Access of MSME to Financing in Peru

Peru introduced about the micro-finance in Peru and government instruments for microfinance. The information on the FONDEMI (micro enterprises development fund) was also presented.

APEC Start-ups Conference III 2014: Global Thinking to Make Global Business

Peru informed on the upcoming  conference scheduled on October 28-29, 2014, in Lima, Peru. Its objectives are to become an important start-up node in the APEC region, to encourage start-ups and entrepreneurs to develop global funding, and to facilitate information, cooperation, and networking between diverse global economies.

Access to Government Procurement and Participation in GVCs: SMEs’ Access to Public Procurement Market

Peru introduced five steps to achieve the objective of increasing productivity and reducing productive heterogeneity among firms: (i) Promote access to government procurement through the National initiative to enhance micro and small firms during the international crisis; (ii) Promote Innovation; (iii) Promote internalization, in which e‐Commerce is a facilitating tool; (iv) Promote value added to access to government procurement markets; and (v) Look for sustainability and growth through to maintain a regular/minimum amount of public procurement to enhance the SMEs improve their productivity and look for other markets.