Eligibility for the promipyme fund

Creating a business ecosystem in Aguascalientes to increase competitiveness is one of the State Government’s objectives. The Department for Economic Development, SEDEC, has launched the Program for Strengthening of SMEs and Entrepreneurs (PROMIPYME).

The program was designed to strengthen small and medium-sized enterprises and entrepreneurs.

WHAT?

The fund, currently worth 45 million pesos, is being used to support companies that create jobs, improve work conditions, innovate, and implement or develop high added-value technology that will impact the State’s economy.

WHO?

Entrepreneurs aged 30+, currently active in the Tax Administration Service, have resided in the state for more than three years. They are eligible to receive funds up to 100 thousand pesos

Micro companies (of up to 10 employees), currently active in the Tax Administration Service with a local scal address. They are eligible to receive funds up to 150 thousand pesos.

Small and medium-sized enterprises (11 to 205 employees), active in the Tax Administration Service, operation for at least 1 year and a local scal address. If selected, they are eligible to receive funds of up to 500 thousand pesos.

HOW?

First, it must be noted that economic support cannot represent more than 50 percent of the project. The remaining percentage will have to be contributed by bene ciaries. The sum of both needs to be 100 million pesos.

The steps and requirements to become eligible for the funds are as follows:

Entrepreneurs currently active in the Tax Administration Service, with local scal address, have resided in the state for more than three years, and must present a business plan.

Microbusinesses, both Individuals and corporate entities may participate, operation for at least 1 year, currently active in the Tax Administration Service, must have a productive project that bene ts and is carried out in the state.

Small and medium-sized enterprises active in the Tax Administration Service in operation for at least one year. Present a business plan with two-year nancial projections. Submit a credit report less than three months old. Corporate entities shall be duly set up in accordance with state laws and shall have a good score with the credit reporting agency.

Corporate entities must submit the business plan template provided by SEDEC, proof of activity from the Tax Administration Service; a notarized public document to demonstrate societal constitution, and another copy of the same document that includes power of attorney for administrative acts.

To download the format, click on the following link. Remember, you must submit it along with all documentation for each one of the categories: http://www.aguascalientes.gob.mx/SEDEC/

WHERE?

Candidates must submit documentation at SEDEC, located at the Torre Plaza Bosques Building, 8th oor. Applications will be received on the rst and last weeks of every month, Monday through Thursday, from 9:00 a.m. to 2:00 p.m.

FURTHER INFORMATION

Information sessions are offered Monday through Thursday from 9:00 a.m. to 10:00 a.m. and from 2:00 p.m. to 3:00 p.m. at SEDEC and CECOI.

Remember: these sessions are not mandatory and will only be given on the rst three weeks of each month.


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