Fondo PyME

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Fondo PyME

The National Development Plan 2007-2012 identifies 5 guiding principles which guide Mexico's transformation on solid, realistic and, above all, responsible bases. One of these is attaining a competitive, employment-generating economy capable of more sustained and accelerated growth which improves the quality of life of all Mexican people.

Micro, Small and Medium-sized Businesses (Micro and SMBs) represent more than 95% of total companies and employ approximately 90% of workers. In view of this, the Secretariat of Economy, through the Fondo PyME grants temporary support to programs and projects which encourage the viability of businesses in incubation or those beginning to take off; the sustainable and productive development of active businesses and the consolidation and competitiveness of the sector.

In 2010, support from the SMB Fund helped to generate more than a million jobs benefitting more than 293,000 businesses. These actions are aimed at improving the management, administration and innovation of Micro and SMBs and facilitate access to financing through financial institutions or specialized financial intermediaries.

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