It is Imperative that Employers know and Use the Financial Resources we have to Begin International

It is essential that SMEs know they have the support and resources when embarking on Home exports has highlighted the growing importance of export is achieved in the economy of Castilla-La Mancha as an essential factor in the output of the crisis

Spain, June 18, 2013 – The Minister of Employment and the Economy of Castilla-La Mancha, Home Carmen said that the Government of Castilla-La Mancha working to ensure that the companies in our region have access to new financial resources that successfully tackle internationalization.

Following the signing of a cooperation agreement with the Spanish Company Development Finance (COFIDES), through its president, Salvador Marin, Home stated that the Government of Castilla-La Mancha is very clear that one of the priorities economic recovery and the productive fabric of the region, passes through the internationalization of their businesses. So, has emphasized that spare no effort or resources to achieve this end. We know that the more companies to export Castilla-La Mancha will be better for our economy and creating jobs.

In this regard, he explained that this agreement will be a useful tool for our business, especially in a time when we are aware that many are experiencing financial problems. In this way, clarified that this agreement will serve to support our business with all the possibilities available to us and will be essential to generate greater economic activity and accelerate economic recovery.

The minister also said that this agreement is particularly aimed at supporting small and medium enterprises in the region, which are the basis of the business of Castilla-La Mancha. Therefore, he pointed out that it is very important that SMEs know they have the support and resources when embarking on export. They know that we have by his side in all their needs at the time of export

Home has highlighted the growing importance of export is achieved in the economy of Castilla-La Mancha. He indicated that in 2012, exports of enterprises in Castilla-La Mancha increased by 8.6% year on year to reach 4.356 million euros, and have increased by 16% the number of exporting companies to reach figure of 4439.

The Minister also highlighted the opportunity offered by this collaboration agreement with COFIDES to businesses in our region, the company to be the leader in the internationalization support, and be a guarantee of success in the viability of export operations, because it has different types of services and support lines adapted to the needs of business.

The event was attended also CEO Economic Strategy and European Affairs, Teresa Jimenez, director of IPEX, Angel Prieto, the CEO of ICEX, Pedro Morejon, and representatives of Banco Santander and Banco Sabadell, as a shareholder of public-private company, which has 1,400 million euro budget to provide resources to SMEs in their expansion.

Finally, it is noted that COFIDES is a public-private partnership that provides financial support to both investments by Spanish companies abroad, as management FIEX (Fund for Foreign Investment) and FONPYME (Fund Foreign Operations of Small and Medium Enterprises).

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