Proindustria (the Center for Development and Industrial Competitiveness) has announced it is finalizing the ruling for the guarantee fund for small industries (Pymis). This will open doors to low-cost financing for this sector and the first operations will be possible in the first half of 2015.
In an interview with Listin Diario, Proindustria director Alexandra Izquierdo spoke of the advantages for industries that apply for the benefits under Competitiveness and Industrial Innovation Law 392-07. She said that beneficiaries of the law had invested RD$12 billion in 2012 and created 8,500 jobs.
http://www.listindiario.com/economia-and-negocios/2014/12/3/347793/Fondo-de-garantia-para-Pymishttp://www.listindiario.com/economia-and-negocios/2014/12/3/347793/Fondo-de-garantia-para-Pymis