The Ministry of Production (Produce) reported that it will grant S/ 1,666,234 million to private individuals and legal entities as a subsidy to co-finance projects to increase competitiveness.
The entity mentioned that the allocation of resources occurs within the framework of the Loan Contract No. 3700/OC-PE Improvement of the Levels of Productive Innovation at the National Level and the Research and Development Fund for Competitiveness (Fidecom).
The amount was approved by Executive Directorate Resolution No. 123-2022-Produce/Proinnovate, published this Monday, February 28, in the newspaper El Peruano.
Proinnovate, a program attached to Produce, co-finances business innovation projects, productive development, entrepreneurship and ecosystem institutions, through national competitions grouped into four portfolios: StartUp Peru, Business Emergency Program, Business Innovation, as well as Ecosystem Institutions.
Source: Larepublica
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