The XVIII International Textile Fair 2012 Opens

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The Undersecretary of Small and Medium-Sized Businesses of the Secretariat of Economy, Miguel Marón, officially opened the XVIII International Textile Fair 2012 where he affirmed that among the event's objectives was the creation of synergies between SMBs and sectors to generate more and better jobs.

Accompanied by the Governor of Puebla, Rafael Moreno Valle, the official said the textile industry contributes more than 7% of Puebla's GDP of and grows at a similar rate.

Support mechanisms will also be put into effect for sectors like textiles, clothing, shoes and jewelry, to strengthen value chains which guarantee their success in domestic and international markets.

Mr. Marón Manzúr also spoke of the support given to business people and entrepreneurs during President Felipe Calderón's administration, and pointed out that between 2007 and 2012 the Guarantees Program México Emprende has generated an overspill of 315,819 million pesos in support for 374, 853 micro, small and medium-sized businesses, preserving 4,912,908 jobs and creating 187,427 new sources of employment.

He also commented that the Seed Capital Program 2012 adds to other federal government actions to drive the development of micro, small and medium-sized businesses, most notably the SMB Week, the Fonaes Expo and the Government Purchase Program.